Citibank

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Citibank - Total results - 54
Banking declared as public utility service for six months till 21 October; employees will not be able to go on strikes
Business

Banking declared as public utility service for six months till 21 October; employees will not be able to go on strikes

All public sector banks, old generation private sector banks like HDFC Bank, ICICI Bank, Axis Bank and Federal Bank are members of IBA

Customer complaints against banks surge 25% to 1.63 lakh in FY18; SBI leads among PSBs, HDFC in private sector
Business

Customer complaints against banks surge 25% to 1.63 lakh in FY18; SBI leads among PSBs, HDFC in private sector

The major grounds of complaints received during the year was non-observance of fair practices code, ATM. credit card and debit card issues

Citibank settles case with Sebi for violation of portfolio managers' norms, pays Rs 4.5 cr
Business

Citibank settles case with Sebi for violation of portfolio managers' norms, pays Rs 4.5 cr

The case has been settled after payment of Rs 4.5 crore towards settlement charges, according to a Sebi order

Facebook to deepen links with financial institutions to improve customer service
News & Analysis

Facebook to deepen links with financial institutions to improve customer service

The Wall Street Journal had reported that Facebook had asked banks to share detailed financial information.

Huawei P20 Pro, P20 Lite available at discounts on Amazon India’s Grand Sale
News & Analysis

Huawei P20 Pro, P20 Lite available at discounts on Amazon India’s Grand Sale

The smartphone are available with cashback, no cost EMI options and few more offers.

Market tumble suggests music has stopped playing for mid-cap; consumer and tech stocks are safe bet for rest of year
Business

Market tumble suggests music has stopped playing for mid-cap; consumer and tech stocks are safe bet for rest of year

The market internals are reflecting the change. The new 52-week lows far outnumber the highs, 64 percent of the stocks in BSE 500 are below their 200 dma and way of their highs showing that the broad market is hurting.

PNB Rs 11,000-crore fraud: Recurring scams can erode investor’s faith in banks; incident calls for stronger checks
Business

PNB Rs 11,000-crore fraud: Recurring scams can erode investor’s faith in banks; incident calls for stronger checks

Banking analysts and banking industry officials do not have any further details about the specifics of this particular fraud involving Punjab National Bank.

Citibank, J.P.Morgan and Bank of America bar use of credit cards for buying bitcoins, other cryptocurrencies
Business

Citibank, J.P.Morgan and Bank of America bar use of credit cards for buying bitcoins, other cryptocurrencies

Reserve Bank of India (RBI), country’s banking ombudsman, has also flagged off certain risks associated with the use of virtual or crytpocurrencies

Only 12 banks score 'high' in rendering best customer services
Business

Only 12 banks score 'high' in rendering best customer services

BCSBI is an independent body set up by the RBI. It's objectives are to promote good banking practises, setting minimum standards, increasing transparency, achieving higher operating standards and promoting a cordial banker-customer relationship

Citibank’s Digital Diwali paved way to happiness this year
Finance

Citibank’s Digital Diwali paved way to happiness this year

Citibank certainly made this Diwali a memorable experience for many – Indeed a digital Happy Diwali!

Citi ordered to pay $770 mn over credit card practices
Business

Citi ordered to pay $770 mn over credit card practices

Tuesday's settlement is about 1 percent of the bank's estimated revenue for 2015, according to Thomson Reuters StarMine.

Good news for mothers: In a first, Citibank offers childcare allowance of Rs 1.32 lakh
Business

Good news for mothers: In a first, Citibank offers childcare allowance of Rs 1.32 lakh

Citi said it wanted a solution that worked for women across branches in India and not just at its corporate headquarters and the idea behind monetary childcare benefit was to allow mothers "to choose their creche based on their convenience and need". The move is also aimed at boosting women participation at the leadership level.

Air India may tie up with SBI, Citibank to raise funds through ECB
Business

Air India may tie up with SBI, Citibank to raise funds through ECB

The sources said that Citibank and SBI had jointly participated in Air India's invitation for offer to raise up to $300 million through the ECB window last month.

If Big Banks fail again, will Uncle Sam come to the rescue? You bet
World

If Big Banks fail again, will Uncle Sam come to the rescue? You bet

The 2008 global financial crisis forced the Us government to rescue failing Wall Street banks, But has the situation changed, or are some banks still too big to fail?

Salaries at B-schools up 20%; Microsoft, Google, Snapdeal big recruiters
Business

Salaries at B-schools up 20%; Microsoft, Google, Snapdeal big recruiters

The placement season at business schools is witnessing a significant uptrend this year with rush of offers from domestic as well as international MNCs and average salaries rising by over 20 percent.

The Best Banks of 2014: Axis, Citibank and, surprise, City Union Bank
Business

The Best Banks of 2014: Axis, Citibank and, surprise, City Union Bank

The Reserve Bank released performance parameters for 90 Indian and foreign banks a few days ago. Firstpost has used the same data and parameters to rank banks through a widely-accepted methodology. Here's what the numbers say.

Delhi ATM heist: Robbers snatch Rs 1.5 cr, shoot guard dead
India

Delhi ATM heist: Robbers snatch Rs 1.5 cr, shoot guard dead

A daylight heist took place in the capital today as two robbers on a bike opened fire at a private company's security guard and took away about Rs.1.5 crore from a cash van.

Vikram Pandit-led global fund pumps in Rs 540 cr into JM Financial's realty co
Corporate

Vikram Pandit-led global fund pumps in Rs 540 cr into JM Financial's realty co

Former Citigroup chief executive Vikram Pandit-led global fund has invested Rs 540 crore in JM Financial's real estate lending subsidiary FICS.<br />

Five banks found guilty of currency manipulation, fined $3.3 billion
Economy

Five banks found guilty of currency manipulation, fined $3.3 billion

Five banks -- Citibank, HSBC, JPMorgan, RBS and UBS -- have been ordered to pay 3.3 billion dollars in penalties for manipulating currencies.