Citicorp Finance (India) Limited's Non-Banking Financial Company Consumer Business

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Citicorp Finance (India) Limited's Non-Banking Financial Company Consumer Business - overview

Location

-, -, India

Primary Industry

Financial Services

About

Based in India, Citicorp Finance (India) Limited's Non-Banking Financial Company Consumer Business, a business division of Citicorp Finance (India) Limited operates as a financial services company specializing in consumer finance. In March 2022, the division was acquired by Axis Bank Limited, a portfolio company of Bain Capital, and Life Insurance Corporation of India. The firm as of March 2022, has over 3 million unique customers than Axis bank, with 7 offices, 21 branches, and 499 ATMs across 18 cities of the country. The business division comprises credit cards, wealth management, retail banking, consumer loans, and CitiPhone Banking operations in India.


The division also includes non-banking financial, including asset-backed financing businesses such as commercial vehicle and construction equipment loans and personal loans portfolio.


Primary Industry

Financial Services

Sub Industries

Commercial Banks, Consumer Finance, Credit Collections & Services

Verticals

FinTech

Total Amount Raised

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