Axis bank acquires Citibank India’s consumer business and Citicorp Finance (India)

Axis bank acquires Citibank India’s consumer business and Citicorp Finance (India).

The cash consideration for the acquisition based on the contracted computation of the closing position of assets.

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India’s third-largest private sector lender, Axis Bank, has completed the acquisition of Citibank India.

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The cash consideration for the acquisition based on the contracted computation of the closing position of assets.

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