Thursday, July 21, 2022

Citi expects revenue from India corporate business to grow 10% a year

"Conservatively, we expect India corporate banking business revenue to grow at around 10% (a year) in dollar terms in (the) next three-four years, which translates to 16-17% in rupee terms considering the depreciation," K Balasubramanian, head of corporate banking, South Asia, told Reuters on Thursday, noting Citi has been ramping up hiring.

from Banking/Finance-Industry-Economic Times https://ift.tt/tfzGY4D

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