Archive · 11 Dec 2025
Citi India Focuses on Corporate Growth
Citi India is changing its focus to help big companies instead of regular customers.
They sold their customer banking part in 2023 and now make more money than before.
The boss, K Balasubramanian, says there are lots of companies wanting to sell shares (IPOs) and do big deals across countries.
They also help Indian companies buy things in Europe and the US.
Experts think this is a good move because companies are growing and need loans.
Citi India is doing well and has more money to lend than before.
Citi India's revenue grew 30% post the sale of its consumer business in 2023.
The bank reported a net profit of ₹6,193 crore on ₹22,173 crore revenue in 2024-25.
Citi is focusing on corporate banking, equity listings, and cross-border M&A deals.
Indian companies are increasingly looking to acquire assets in Europe and the US.
Experts see a strong opportunity in corporate banking due to economic growth and capacity expansion.
- Who
- Citi India, led by CEO K Balasubramanian
- What
- Shift to corporate banking and focus on equity listings, M&A, and financing solutions
- When
- 2024-25 fiscal year, with a focus on future growth
- Where
- India, with a focus on corporate clients and international markets
- Why
- To capitalize on strong economic growth, increased corporate activity, and cross-border deals
- Net Profit (2024-25)
- ₹6,193 crore
- Revenue (2024-25)
- ₹22,173 crore
- Loan Book (as of 31 March)
- ₹72,260 crore
- Capital Adequacy Ratio (FY25)
- 20.38%
- Consumer Business Sale (2023)
- ₹11,603 crore
- IPO Market Listings (2025)
- ₹1.77 trillion
- M&A Deals (Q3 2025)
- 280
- Outbound M&A Deals (Q3 2025)
- 41