Doing Business in India
Indian Market Spotlight:
Citi Commercial Bank (CCB) is becoming the first call for Indian companies with domestic or overseas growth plans as well as for foreign companies that want to expand into the Indian market. CCB's Global commercial banking solutions are specifically tailored for mid-sized companies' financial and risk management needs. CCB's unique combination of global reach and local expertise provides its clients with access to on-the-ground Relationship Managers in India's top trade partner countries, including UAE, the US, China, Singapore and Hong Kong.1
1 CIA World Factbook
"Citi team fully leveraged the bank's network to ensure deal completion in one week from the time the pay-out was decided. The result was a smooth transaction with adherence to strict timelines and timely provision of funds. This transaction was very important for us for our next level of growth."
- Global mobile technology provider
About Citi Commercial Bank India
Recognized by prestigious industry analysts, including Asia Money, Finance Asia and IFR Asia among others, CCB India offers a complete suite of banking solutions.
Citi opened its first office in India in Kolkata in 1902. Citi was among the first banks in India to have a dedicated strategic business unit focused on mid-sized companies, an advantage which has helped Citi Commercial Bank become an important player across several industry verticals, including: pharmaceutical, packaging, eCommerce, travel management, information technology, ITES-BPO, capital goods, auto ancillary and chemicals. Citi Commercial Bank serves clients across 17 cities, with offices in:
- Delhi, the commercial center of northern India
- Mumbai, India's financial and commercial capital
- Chennai, a diversified industrial city
- Kolkata, the main commercial and financial hub of East and North-East India
- Bangalore, India's information and communications technology center
- Cochin, a major logistics center on the Arabian Sea
- Coimbatore, home to more than 25,000 businesses largely concentrated in engineering and textile industries
- Hyderabad, traditionally a manufacturing city, now evolving into a service center
- Ahmedabad, home of large pharmaceutical, IT and trade enterprise businesses
- Vadodara, a diversified manufacturing center
- Aurangabad, an internal transportation hub and one of Asia's fastest developing cities
- Pune, an academic and research center, emerging as a prominent location for IT and manufacturing companies to expand
- Nashik, Chandigarh and Jaipur, global business-process management outsourcing centers
- Ludhiana, a major industrial and agri-business location.
CCB India Country Business Head
Mr. Vikram, who joined Citi in 1996 in Credit Risk Management, was appointed to his current position in June 2014.
Shortly after joining Citi, Mr. Vikram moved to corporate banking, where he handled key corporate relationships and played an instrumental role building the India Financial Institution Group (FIG) business into the largest FIG franchise within Asia Pacific for Citi.
Prior to his appointment as CCB India Country Business Head, Mr. Vikram led Citi India's Public Sector franchise nationally, strengthening Citi's relationships with key public sector companies and doubling the size of the business.
"CCB - with its universal banking model, experienced bankers, global products and connectivity, innovative and customized offerings, world class platforms and client-first attitude - is well positioned to service our clients' professional and personal goals."
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