Citibank

is expected to make the payment to Citibank in the January-March quarter for its ₹12,325 crore purchase of the US bank's consumer business in India, as it looks to close the deal before the end of this fiscal year. The deal was…

After its new price drop and offers, you can get the iPhone 11 for just a mere Rs 25,000 from Flipkart. The e-com giant has rolled out a 15 per cent discount on iPhone 11, and you can also get your smartphones exchanged in the offer.…

With Citibank's credit card spends share falling to 3.9% in June from 4.8% a year ago, analysts said may have overpaid for the Citi retail assets deal. During the same period, Axis Bank's market share has increased to 9.3% from 8.3%,…

Chinese mobile phone maker Vivo India has urged the Enforcement Directorate (ED) to unfreeze its bank accounts so it can continue its business, contending that the debit freeze of all its ten bank accounts has "jeopardised its very…

MUMBAI: In a sign of improvement in economic activity, credit card spends have hit a new high while bounce rates have fallen to a three-year low. Data released by the Reserve Bank of India (RBI) shows that credit card spendingin May…