Citibank N. A.

Citibank N. A.

Fortune 500 2024
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+ 14 More
OVERVIEW
FINANCIALS
NEWS

About

Citibank N.A., the consumer division of Citigroup, is a global bank offering a wide range of financial services. In India, Citibank commenced operations in 1902 in Kolkata. Over the years, it introduced several innovations in the Indian banking sector, including credit cards and wealth management services. In March 2023, Citibank India's consumer banking division was acquired by Axis Bank, marking a significant shift in its operations within the country. Post this acquisition, Citibank continues to provide corporate and institutional banking services in India.

Incorporation Year: 1902
Headquarters: New York, USA
Top Management: Ashu Khullar (CEO, India)
Industry: BFSI
Website: citibank.com

Featured In Fortune India Ranking

Fortune 500 India
#123(2024)
#83(2023)
#124(2022)
#91(2021)
#83(2020)
#101(2019)
#109(2018)
#96(2017)
#92(2016)
#95(2015)
#95(2014)
#93(2013)
#109(2012)
#97(2011)
#86(2010)
#123(2024)#83(2023)#124(2022)#91(2021)#83(2020)#101(2019)#109(2018)#96(2017)#92(2016)#95(2015)#95(2014)#93(2013)#109(2012)#97(2011)#86(2010)
Ranking Trend Fortune 500 India

Financial Data 2024

Revenue
20,037
(INR Cr)
Net Operating Income
15,411
(INR Cr)
Assets
259,856
(INR Cr)
Profit
6,237
(INR Cr)
Net Worth
43,822
(INR Cr)

Fortune India Coverage

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Revenue
(INR Cr)
20037
-30.2%
28719
95.9%
14660
-5.6%
15528
-12.3%
17702
16.2%
15238
9.6%
13909
-1.9%
14184
2.3%
13863
2.4%
13542
11.0%
12199
11.8%
10913
19.1%
9161
11.5%
8217
7.2%
7662
-27.3%
10531
-
Net Operating Income
(INR Cr)
15411
8.03%
14265
20.33%
11854
-2.79%
12195
-5.82%
12949
13.49%
11410
8.92%
10476
0.24%
10451
-2.31%
10698
4.77%
10211
11.04%
9195
3.13%
8916
14.79%
7768
23.90%
6269
3.28%
6070
-11.25%
6840
-
Profit
(INR Cr)
6237
-54.2%
13614
265.3%
3727
-8.9%
4093
-16.8%
4918
17.5%
4185
23.0%
3403
-6.1%
3626
12.1%
3233
-5.5%
3423
18.3%
2893
6.4%
2718
41.4%
1922
34.9%
1425
65.6%
860
-60.4%
2173
-
Assets
(INR Cr)
259856
19.4%
217555
-6.9%
233611
7.5%
217238
-0.7%
218802
17.0%
186996
13.9%
164251
10.5%
148706
-3.7%
154397
11.2%
138896
-4.3%
145152
13.0%
128457
0.0%
128428
15.1%
111586
16.9%
95489
-9.3%
105264
-
Net Worth
(INR Cr)
43822
7.6%
40722
36.6%
29818
5.8%
28196
6.6%
26453
10.9%
23844
7.2%
22251
3.9%
21414
6.1%
20188
3.7%
19461
7.3%
18139
7.0%
16954
8.5%
15631
7.1%
14600
10.8%
13176
17.9%
11173
24.2%
Employee Cost
(INR Cr)
1178
-31.4%
1717
8.5%
1583
5.2%
1504
4.2%
1444
8.3%
1333
3.6%
1287
2.5%
1256
-1.5%
1275
14.2%
1116
4.5%
1069
0.6%
1062
0.1%
1061
4.9%
1011
15.5%
875
-0.6%
881
-
Interest Cost
(INR Cr)
4555340126363310438635893087360042484356373837382887222320172429
Cash & Bank Balance
(INR Cr)
659403626952556415402689412751196532022098219345163141902918337212741518616058
Total Debt
(INR Cr)
1976721553391839771705321680191458951304541099541213551063201047289841593622774656648670339

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Profit As % Of Revenues 31.1%47.4%25.4%26.4%27.8%27.5%24.5%25.6%23.3%25.3%23.7%24.9%21.0%17.3%11.2%20.6%
Profit As % Of Assets 2.4%6.3%1.6%1.9%2.3%2.2%2.1%2.4%2.1%2.5%2.0%2.1%1.5%1.3%0.9%2.1%
Profit As % Of Networth 14.2%33.4%12.5%14.5%18.6%17.6%15.3%16.9%16.0%17.6%16.0%16.0%12.3%9.8%6.5%19.5%
Interest Cost to EBITDA % ----------------
Debt to Equity Ratio ----------------
RONW 14.8%38.6%12.9%15.0%19.6%18.2%15.6%17.4%16.3%18.2%16.5%16.7%12.7%10.3%7.1%21.5%
ROCE ----------------