DBS in “advanced” talk with Citibank to acquire Citi’s consumer banking business in India

It was reported in the Indian media on Sun (25 Apr) that DBS Bank India is currently in “advanced” talk with Citibank to acquire Citi’s consumer banking business. Citi has recently announced plans to exit consumer banking operations in 13 markets including India. Sources close to the development said Citi is keen to exit its … Read more