{"id":48404,"date":"2023-04-26T14:41:04","date_gmt":"2023-04-26T09:11:04","guid":{"rendered":"http:\/\/finservwealth.com\/axis-bank-q4-preview-nii-expected-to-rise-37-citi-merger-will-push-bottomline-deep-into-the-red\/"},"modified":"2023-04-26T14:41:04","modified_gmt":"2023-04-26T09:11:04","slug":"axis-bank-q4-preview-nii-expected-to-rise-37-citi-merger-will-push-bottomline-deep-into-the-red","status":"publish","type":"post","link":"https:\/\/finservwealth.com\/hi\/axis-bank-q4-preview-nii-expected-to-rise-37-citi-merger-will-push-bottomline-deep-into-the-red\/","title":{"rendered":"Axis Bank Q4 preview: NII expected to rise 37%; Citi merger will push bottomline deep into the red"},"content":{"rendered":"<p> In March 2023, Axis Bank said it has completed the acquisition of Citibank\u00e2\u20ac\u2122s retail business in India for a final cash consideration of Rs 11,603 crore. Last year, the lender agreed to purchase Citibank\u00e2\u20ac\u2122s India Consumer Business from Citibank NA and the NBFC Consumer Business from Citicorp Finance (India) Limited<\/p><div id=\"finse-2813184167\" class=\"finse-content finse-entity-placement\"><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-9118214110898834\" crossorigin=\"anonymous\"><\/script><ins class=\"adsbygoogle\" style=\"display:block;\" data-ad-client=\"ca-pub-9118214110898834\" \ndata-ad-slot=\"\" \ndata-ad-format=\"auto\"><\/ins>\n<script> \n(adsbygoogle = window.adsbygoogle || []).push({}); \n<\/script>\n<\/div>\n<p><a href=\"https:\/\/www.moneycontrol.com\/news\/result-poll\/axis-bank-q4-preview-nii-expected-to-rise-37-citi-merger-will-push-bottomline-deep-intored_16973161.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>\n<p>\u200b\u00a0In March 2023, Axis Bank said it has completed the acquisition of Citibank\u00e2\u20ac\u2122s retail business in India for a final cash consideration of Rs 11,603 crore. Last year, the lender agreed to purchase Citibank\u00e2\u20ac\u2122s India Consumer Business from Citibank NA and the NBFC Consumer Business from Citicorp Finance (India) Limited In March 2023, Axis Bank said it has completed the acquisition of Citibank\u00e2\u20ac\u2122s retail business in India for a final cash consideration of Rs 11,603 crore. Last year, the lender agreed to purchase Citibank\u00e2\u20ac\u2122s India Consumer Business from Citibank NA and the NBFC Consumer Business from Citicorp Finance (India) Limited\u00a0\u00a0Moneycontrol Latest News\u00a0<a href=\"https:\/\/www.moneycontrol.com\/news\/result-poll\/axis-bank-q4-preview-nii-expected-to-rise-37-citi-merger-will-push-bottomline-deep-intored_16973161.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a>\u00a0\u00a0<\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p> In March 2023, Axis Bank said it has completed the acquisition of Citibank\u00e2\u20ac\u2122s retail business in India for a final cash consideration of Rs 11,603 crore. Last year, the lender agreed to purchase Citibank\u00e2\u20ac\u2122s India Consumer Business from Citibank NA and the NBFC Consumer Business from Citicorp Finance (India) Limited<\/p>\n<p><a href=\"https:\/\/www.moneycontrol.com\/news\/result-poll\/axis-bank-q4-preview-nii-expected-to-rise-37-citi-merger-will-push-bottomline-deep-intored_16973161.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>\n<p>\u200b\u00a0In March 2023, Axis Bank said it has completed the acquisition of Citibank\u00e2\u20ac\u2122s retail business in India for a final cash consideration of Rs 11,603 crore. Last year, the lender agreed to purchase Citibank\u00e2\u20ac\u2122s India Consumer Business from Citibank NA and the NBFC Consumer Business from Citicorp Finance (India) Limited In March 2023, Axis Bank said it has completed the acquisition of Citibank\u00e2\u20ac\u2122s retail business in India for a final cash consideration of Rs 11,603 crore. Last year, the lender agreed to purchase Citibank\u00e2\u20ac\u2122s India Consumer Business from Citibank NA and the NBFC Consumer Business from Citicorp Finance (India) Limited\u00a0\u00a0Moneycontrol Latest News\u00a0<a href=\"https:\/\/www.moneycontrol.com\/news\/result-poll\/axis-bank-q4-preview-nii-expected-to-rise-37-citi-merger-will-push-bottomline-deep-intored_16973161.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a>\u00a0\u00a0<\/p>\n<p><!-- \/wp:html --> In March 2023, Axis Bank said it has completed the acquisition of Citibank\u00e2\u20ac\u2122s retail business in India for a final cash consideration of Rs 11,603 crore. Last year, the lender agreed to purchase Citibank\u00e2\u20ac\u2122s India Consumer Business from Citibank NA and the NBFC Consumer Business from Citicorp Finance (India) Limited<\/p>","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[70],"tags":[],"class_list":["post-48404","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news"],"jetpack_featured_media_url":"https:\/\/www.moneycontrol.com\/news_image_files\/2023\/200x200\/a\/axis-bank_200.jpg","_links":{"self":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts\/48404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/comments?post=48404"}],"version-history":[{"count":0,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts\/48404\/revisions"}],"wp:attachment":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/media?parent=48404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/categories?post=48404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/tags?post=48404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}