Axis Bank partnered with Citigroup to finance NRI investments in India, aiming to attract foreign currency and strengthen reserves.

The entities involved

• Axis Bank →

  Indian private sector bank

  • Axis Bank and Punjab National Bank are competing for high-yield deposits following recent RBI policy changes.Mon 15:42
  • The global oil market is reacting to US-Iran peace deal and Strait of Hormuz tensions, while Indian stock markets show mixed performance.Mon 08:34
• Citigroup →

  American investment bank and financial services corporation

  • Citigroup provided analyst ratings and targets for Autodesk stock, which trades on Nasdaq.Mon 11:05
  • Citigroup and Jefferies Financial Group downgraded the stock rating for Yara International on June 26, 2026.Mon 10:14
• Reserve Bank of India →

  central bank of India

  • RBI monitors challenges from crude oil prices and concerns over inflation and slowing growth.Mon 13:28
  • Nomura advises on potential shifts in Reserve Bank of India policy amid changes in the global economic outlook.Mon 13:10

Related events

• The Reserve Bank of India announced a special programme concerning foreign currency deposits.Sep 3
• Several banks, including Bank of Baroda, Axis Bank, and Canara Bank, are actively seeking overseas funding through facilities provided by the Reserve Bank of India.Sep 9
• Stakeholders, including Niti Aayog and the Reserve Bank of India, met today to review financial policy and credit access issues.Sep 3
• Central bank policy influences banking sector operations, specifically regarding Axis Bank operating in the Indian financial market.Jun 29
• The Reserve Bank of India and ICICI Bank are involved in managing financial policy and competing for foreign capital inflows.Jun 11