News > HDFC Bank, Kotak frontrunners in bid to acquire Citibank India's consumer business: Report
HDFC Bank, Kotak frontrunners in bid to acquire Citibank India's consumer business: Report
14/10/2021 02:35 PM | Click to read full article
Top Indian banks are in the fray to buy Citibank India’s consumer banking business. Among those likely to submit biding bids before the October 26 deadlines are HDFC Bank and Kotak Mahindra Bank
Axis Bank, IndusInd Bank, and DBS India are likely to bid for businesses Citi is exiting in India, it added. HDFC Bank and Kotak Mahindra Bank are considered the front runners for the business that delivers $1 billion in annual revenues.
