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03-01-2023 09:07 AM | Source: Reuters
Axis Bank completes acquisition of Citibank`s India consumer business
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Axis Bank Ltd said on Wednesday it has completed its acquisition of Citibank's India consumer and non-banking finance businesses.
The transaction, announced in March 2022, has been closed for a cash consideration of 116.03 billion rupees ($1.41 billion).
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