Citicorp Finance transforming enterprise technique to deal with company lending

Citicorp Finance (India) (CFIL) is transforming its enterprise technique to deal with company lending within the nation. This follows Citigroup’s determination to exit client finance in India.

Apart from company loans, which have a 13 per cent share in its asset books, CFIL continues to supply different institutional lending merchandise.

Score company CRISIL, whereas reviewing CFIL, mentioned the corporate will proceed to play a strategic position in India and complement Citigroup’s suite of choices. It affirmed its ‘AAA’ ranking on the financial institution amenities of CFIL.


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Vodafone Concept transforming enterprise plans after govt reforms’ enhance

Vodafone Concept (Vi) is engaged on a recent marketing strategy that might alter its funding necessities.

Addressing shareholder queries on the firm’s annual normal assembly (AGM) on Wednesday, Vi Chairman Himanshu Kapania stated the precise quantity can be labored out upon submission of a brand new marketing strategy.

“The administration is engaged on a brand new marketing strategy and can come to the board with the funding necessities,” Kapania instructed shareholders in his first AGM as chairman.

Final September, the corporate introduced plans to lift Rs 25,000 crore by a mixture of debt and

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