Citibank India

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Citibank India

Type Subsidiary of Citigroup Inc

Industry Finance

Founded 1902

Key people Pramit Jhaveri

(Citi Country Officer, India)

N Rajashekaran

(Country Business Manager,Consumer and commercial Banking,

Citibank India

Products Credit Cards, Loans, Investments, Insurance and NRI

Banking

Website www.citibank.com/india

Contents
[hide]

• 1 History

• 2 Products and services

• 3 Awards won in 2010

• 4 Corporate Social
Responsibility

• 5 References

• 6 External links

[edit]History
Established 108 years ago in Kolkata, Citibank has a long history in India. Currently it is the
largest foreign direct investor in financial services. Citibank has a total capital commitment of
approximately USD 4 Billion in its onshore banking and financial services business and its
principal and alternate investment program in India.

It operates 42 full-service Citibank branches in 30 cities and over 450 ATMs across the
country.

Citibank is an employer of choice to over 8,000 people, and indirect employer to more than
20,000 others. It is also the largest taxpayer in India among international financial
institutions.

[edit]Products and services

Citi offers consumers and institutions a broad range of financial products and services,
including consumer banking and credit, corporate and investment banking, securities
brokerage, and wealth management.

Citi's franchise in India includes businesses such as equity brokerage, equities distribution,
private banking (Citi Private Bank) and alternate investments and private equity (CVCI).

[edit]Awards won in 2010

 “Best Consumer Internet Bank” in India by Globalfinance in year
2009 and 2010.[1]

 "Excellence in Internet Banking" for the year 2009 in The Asian

Banker Excellence in Retail Financial Services Awards
Programme.[2]

 FinanceAsia recognized Citi as the “Best Foreign Investment

Bank” in India [3]
[edit]Corporate Social Responsibility
Launched in 1997, Citibank India’s citizenship program focuses on Financial Capability and
Asset Building, Microfinance and Microenterprise, Small and Growing businesses and
College and Careers. Payroll giving, employee volunteerism and disaster relief and
rehabilitation are also priority areas.

 Citibank is a community partner with Friends of Women's World

Banking, Working Women's Forum, SEWA Bank, Akanksha,
Akshara and Pratham.

 In 2004, the Citi Micro Entrepreneur Award was instituted to

recognize individual micro entrepreneurs for their extraordinary
 efforts in gaining self-sufficiency through the innovative use of
microfinance.

 In 2004, the Citi Foundation provided core funding to set up the

Indian School of Microfinance for Women (ISMW) in
Ahmedabad, an educational institution solely focused on the
discipline of microfinance. The Citi Center for Financial Literacy
housed within ISMW focuses on conducting financial literacy
awareness campaigns for grassroots women borrowers and
training programs for NGO/MFI staff and field workers.[4]

[edit]References

1. ^ Global Finance Magazine

2. ^ Financial Express/

3. ^ Finance Asia News

4. ^ Core Funding for ISMW

[edit]External links

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 Citibank India
Categories: Financial services companies of India | Banks of India
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