MNCs Lift Citi Bottom Line
Citibank India, a banker to 30% of Indian MNCs, does well on most parameters, including profitability.
Citibank India, a banker to 30% of Indian MNCs, does well on most parameters, including profitability.
The funds will be raised by the issue of debt instruments, including Basel III compliant additional tier 1 and tier 2 bonds
The private lender proposes to raise funds by issuing debt securities over the period of next twelve months.
The capital markets’ regulator frames risk management norms for debt mutual funds, which would control debt funds' portfolio and duration risks, and protect gullible investors.