|Citibank Group opened its first office in India in Kolkata in 1902, with capital around about US$ 1 billion. It is the single largest foreign investor in the financial services industry in India. It provides financial services through 30 branches of Citibank N.A. across 20 cities and through various finance companies. Citigroup India is offering a complete range of corporate and investment banking services under the “Citigroup” brand name, consumer banking products and services under the “Citibank” banner and consumer finance under the “CitiFinancial” banner. Citigroup has a customer base of over 900 large corporates, over 22,000 small and medium enterprises and over 3,500,000 retail customers.
The bank through global corporate and investment banking group provides a range of financial services including treasury management, transaction services including cash management and trade services, securities custodianship, foreign exchange, fixed income and equities sales and trading and corporate finance to corporate clients, governments and financial institutions. While in the retail segment bank offers credit cards, mortgages, personal and auto loans, insurance, and investment services to its valuable customers.