Indian Market Spotlight:
Citi Commercial Bank (CCB) is becoming the first call for Indian companies with domestic or overseas growth plans as well as for foreign companies that want to expand into the Indian market. CCB's Global commercial banking solutions are specifically tailored for mid-sized companies' financial and risk management needs. CCB's unique combination of global reach and local expertise provides its clients with access to on-the-ground Relationship Managers in India's top trade partner countries, including UAE, the US, China, Singapore and Hong Kong.1
1 CIA World Factbook
"Citi team fully leveraged the bank's network to ensure deal completion in one week from the time the pay-out was decided. The result was a smooth transaction with adherence to strict timelines and timely provision of funds. This transaction was very important for us for our next level of growth."
- Global mobile technology provider
About Citi Commercial Bank India
Recognized by prestigious industry analysts, including Asia Money, Finance Asia and IFR Asia among others, CCB India offers a complete suite of banking solutions.
Citi opened its first office in India in Kolkata in 1902. Citi was among the first banks in India to have a dedicated strategic business unit focused on mid-sized companies, an advantage which has helped Citi Commercial Bank become an important player across several industry verticals, including: pharmaceutical, packaging, eCommerce, travel management, information technology, ITES-BPO, capital goods, auto ancillary and chemicals. Citi Commercial Bank serves clients across 17 cities, with offices in:
- Delhi, the commercial center of northern India
- Mumbai, India's financial and commercial capital
- Chennai, a diversified industrial city
- Kolkata, the main commercial and financial hub of East and North-East India
- Bangalore, India's information and communications technology center
- Cochin, a major logistics center on the Arabian Sea
- Coimbatore, home to more than 25,000 businesses largely concentrated in engineering and textile industries
- Hyderabad, traditionally a manufacturing city, now evolving into a service center
- Ahmedabad, home of large pharmaceutical, IT and trade enterprise businesses
- Vadodara, a diversified manufacturing center
- Aurangabad, an internal transportation hub and one of Asia's fastest developing cities
- Pune, an academic and research center, emerging as a prominent location for IT and manufacturing companies to expand
- Nashik, Chandigarh and Jaipur, global business-process management outsourcing centers
- Ludhiana, a major industrial and agri-business location.
CCB India Country Business Head
Mr. Vikram, who joined Citi in 1996 in Credit Risk Management, was appointed to his current position in June 2014.
Shortly after joining Citi, Mr. Vikram moved to corporate banking, where he handled key corporate relationships and played an instrumental role building the India Financial Institution Group (FIG) business into the largest FIG franchise within Asia Pacific for Citi.
Prior to his appointment as CCB India Country Business Head, Mr. Vikram led Citi India's Public Sector franchise nationally, strengthening Citi's relationships with key public sector companies and doubling the size of the business.
"CCB - with its universal banking model, experienced bankers, global products and connectivity, innovative and customized offerings, world class platforms and client-first attitude - is well positioned to service our clients' professional and personal goals."
Citi Commercial Bank of India is a Division of Citibank, N.A., India ("Citibank"). Nothing in this web-site is an offer, invitation to offer, commitment or agreement on the part of Citibank, or on the part of any Citibank entity, including to prepare, negotiate, execute or deliver any product/s, service/s, arrangement/s, lending or subscription and does not give rise to any liability or obligation on the part of any Citigroup entity. Not all products and services are necessarily applicable to all prospects / customers or available at all locations or at all times. All products and services are subject to the provisions of the applicable laws and regulations and Terms and conditions applicable from time to time. Availability and issuance of products and/or services is also subject to, among other factors, where relevant, such due diligence as may be required by Citibank, an offer being made by Citibank and an acceptance of that offer, internal approvals and external approvals (if any) and the customer meeting regulatory as well as Citibank's internal policy requirements. This website is merely descriptive in nature.
No liability whatsoever is accepted for any loss arising (whether direct or consequential) from any use of the information contained in this communication. Citibank undertakes no obligation to effect any updates on information. Any opinions attributed to Citibank constitute their respective judgment as of the date of the material and are subject to change without notice. Provision of information may cease at any time without reason or notice being given. Commissions and other transaction costs may not have been taken into consideration. Further, although some of the information provided may have been obtained from various published and unpublished sources considered to be reliable, neither Citibank, N.A./Citigroup nor any of their affiliates make any representation as to its accuracy or completeness or accepts liability for any direct or consequential losses arising from its use.