Axis Bank completes acquisition of Citibank's India consumer business

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Axis Bank completes acquisition of Citibank's India consumer business
Reuters
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Synopsis

The transaction, announced in March 2022, has been closed for a cash consideration of 116.03 billion rupees ($1.41 billion).

A customer enters a branch of Axis Bank in MumbaiReuters
Axis Bank Ltd said on Wednesday it has completed its acquisition of Citibank's India consumer and non-banking finance businesses.

The transaction, announced in March 2022, has been closed for a cash consideration of 116.03 billion rupees ($1.41 billion).
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