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Citi to hire 80 commercial bankers in India in 3 years
As per reports, the bank, which had taken a decision to exit the retail banking business in most of the markets globally, is in advanced stage of selling the business in India, with Axis Bank leading the race
Source | economictimes.indiatimes.com | PTI
As it winds down its retail bank in the country, American lender Citi on Tuesday said it will be hiring 80 bankers in India over the next three years for its commercial banking vertical. The move is part of a plan to hire 350 bankers in Citi Commercial Bank Asia Pacific over the next three years, as per a statement.
As per reports, the bank, which had taken a decision to exit the retail banking business in most of the markets globally, is in advanced stage of selling the business in India, with Axis Bank leading the race.
The bank had earlier specified that the move to sell the retail business is driven by the global decision, and it will continue to grow in other areas like commercial banking.
