![]() ![]() The interesting pieces are commercial banks. ![]() ![]() India for Citi is something that has a huge impact on our firm's history. We have been in the country for 120 years. How does it really go with Citibank's strategy in India, especially after deciding to sell the retail business? India is one of the few markets in the world that can provide that. You do need the scale, the quality and the efficiency. Particularly given the dynamics of China and geopolitics, you don't want to be too dependent upon China. There is also the ability to reach a very large domestic market. It gives people a lot of confidence (to make) India as a place to base centres of excellence for global operations of global capabilities. The government has done a remarkable job of having been very visionary. So, having a backbone here is not something a lot of different countries do have. India has become easier to do business - whether the UPI or some other frameworks being put in place. India has a scale that many countries don't. Why do you think India is particularly well positioned? ![]()
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