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Citibank India does not market any product or service to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, and The Isle of Man or the UK.

This web page is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the products and services mentioned herein to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, and The Isle of Man or the UK.

Citi’s consumer banking businesses in India

Citi has signed an agreement with Axis Bank for the sale of its consumer businesses in India, including those of Citi’s NBFC [Citicorp Finance (India) Limited]. The products/services included are credit cards, retail banking, wealth management, consumer loans as well as loans against commercial vehicles and construction equipment. This excludes Citi’s institutional client businesses.

Please rest assured that there is no immediate change to any product you hold with us. All our consumer banking operations (including our call centers, ATMs, relationship teams, branches, the online portal and the mobile application) shall continue to operate as they do today.

The transaction is subject to regulatory approvals and expected to close in the first half of calendar year 2023. The announcement is only the start of process, followed by a transition which we shall ensure is smooth, and with due notice.

For more details on the announcement, please click here

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