Axis Bank acquires Citibank’s Indian retail consumer business for $1.6 billion

Stock price rises: Axis Bank acquires Citibank's Indian retail consumer business for $1.6 billion

The share price of Axis Bank has increased almost by 6.19% to Rs 761.39 in the last one week. Citigroup Inc. on Wednesday, March 30, 2022, said it has entered into an agreement to sell its Indian consumer banking business to Axis Bank Ltd. Axis Bank is about to acquire Citibank’s Indian retail consumer business … Read more