As of 31 March 2020, the total deposits in the bank were around INR 1.57 trillion which includes the deposits from other banks as well as customers. The bank has around 5.9% market share in the digital payments and around 6 % market share in credit card spends.Īccording to FY2020 Citi bank has a 15.4 % share in the market share of loans among the foreign banks in India. The company has around 35 branches across India and around 29 lakh retail customers.Īs of March 2020, Citi bank has around 12 lakh bank accounts and about 22 lakh credit card accounts. The business of Citi Bank in India consists of Credit Card business, retail banking, wealth management and home loans. Other Reasons for the exit from Indian banking marketĬitibank had entered Indian retail banking in the year 1902. Reasons Why Citibank is leaving Indian consumer banking market Let’s look at the below article to understand why Citi bank is leaving the Indian Consumer banking market. Citi bank is one of the largest foreign banks in India. The other countries include Australia, Indonesia, Korea, Bahrain, Malaysia, Philippines, Poland, Taiwan, Russia, Thailand and Vietnam. Citi Bank had recently announced that it will exit retail banking operations in India and 12 other countries.
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