Citibank began operations in India over a century ago in 1902 in Kolkata and today is a significant foreign investor in the Indian financial market. As promoter-shareholder, Citibank has played a leading role in establishing important market intermediaries such as depositories, credit bureau, clearing and payment institutions. Citi helped lay the foundation of the Indian software industry by establishing Citicorp Overseas Software Ltd and Iflex Solutions Ltd.; it pioneered the ITES industry in financial services through Citigroup Global Services Ltd. (CGSL). Oracle acquired Iflex in 2005 and CGSL was acquired by Tata Consultancy Services in 2008.

Citi India added two more green certified buildings to its office premises in 2012, and in 2013 moved its headquarters to The First International Financial Centre (FIFC), a world-class environmentally friendly building. In addition, Citi India, through its network of Citi Service Centres, has been a leading offshoring unit for Citigroup globally, providing employment opportunities in the areas of technology, processing, analytics and financial processes.

Citi is an employer of choice in India and serves the full spectrum of clients - from helping India's top global corporations commit capital, make markets and manage their global cash positions to supporting the growth ambitions of the country's small and mid-sized enterprises and enabling individuals and households save, invest, spend, borrow and protect their money with trust and confidence. Citi India's products and services are organized under two major segments: Institutional Clients Group (ICG) and Global Consumer Bank (GCB).

The ICG serves Citi's best-in-class products, services and execution through Global Banking, Global Markets, Treasury & Trade Solutions, Securities & Fund Services and Citi Research. Citi Private Bank is also a division of the ICG. Citi has topped the ECM league table for the last 11-year period, helping clients raise USD75 billion of equity since 2005. For four years since CY2012, Citi has been the No.1 M&A advisor in India and continues to maintain a high mindshare of strategic dialogues with Indian and international clients. Citi India has topped the G3 bond league table for five years (since 2011). In FY16 till date, Citi helped clients raise c.USD13 billion in capital across equity and debt markets and has ranked as one of the leading banks in debt and equity capital markets over the last five years.

Under GCB, Citi India offers the full range of consumer banking products and services. We serve our clients across the entire wealth continuum as they grow in affluence. We offer solutions for clients in every segment – beginning with our path-breaking salaried proposition (CitiAtWork), the emerging affluent (Citibanking), the new wealth builders (Citi Priority), the affluent (Citigold) and the High Net Worth individuals (Citigold Private Client). We pioneered the Non-Resident proposition in 1985 to serve the global Indian’s unique banking and wealth management needs. With 2.4 million credit cards in force and ~14% share in card spends, Citibank offers a full suite of market leading products, across categories - premium, rewards and co-branded.

Milestones

• 2015: Launched Citi Priority
• 2015: Launched Instant Personal Loan
• 2015: Launched Citi MasterPass, India’s first global wallet
• 2015: Launched ATM funds transfer via IMPS
• 2014: Citi Prestige, Citi's first global credit card and Citi Ultima, a 'by invitation only' credit card.
• 2013: Instant Credit Card issuance at Mumbai's first mall-based smart-banking branch at Palladium, Lower Parel, Mumbai.
• 2013: Launch of the First Fully Integrated and Certified Mobile Payment Solution.
• 2012: Launch of market-first mobile-banking receivables solution Citi Mobile Collect.
• 2012: First Smart Banking Branch launch in India.
• 2012: Launch of India's first airline agnostic card through Citi PremierMiles.
• 2012: First to roll out SMS-to-Call and Click-to-Call; instantly connecting customers to Citibank officers.
• 2010: First brokerage house to launch Financial Information Exchange (FIX) protocol, the industry-driven international messaging standard, adopted by NSE.
• 2009: First to bring to India next-generation contactless Credit Card payments based on Near Field Communications technology with Citi Tap and Pay.
• 1993/1998/2001: First to offer 24-hour Phone banking/Internet banking/SMS alerts.
• 1986: Pioneered Cash Management.
• 1985: First bank to launch a dedicated platform focused on serving the unique banking and wealth management needs of the Non Resident Indian.