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Citigroup, Axis Bank team up to leverage NRI deposits and boost dollar inflows

Global Indians August 24, 2026 05:01 PM
Citigroup, Axis Bank team up to leverage NRI deposits and boost dollar inflows

Citigroup Inc has entered into an arrangement with Axis Bank Ltd to finance non-resident Indians investing in foreign-currency deposits with the Indian lender, according to Bloomberg, citing people familiar with the development.