Citibank N. A.
Fortune 500 2025
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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
#127(2025)
#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)
#127(2025)#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)
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
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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) | 4555 | 3401 | 2636 | 3310 | 4386 | 3589 | 3087 | 3600 | 4248 | 4356 | 3738 | 3738 | 2887 | 2223 | 2017 | 2429 |
| Cash & Bank Balance (INR Cr) | 65940 | 36269 | 52556 | 41540 | 26894 | 12751 | 19653 | 20220 | 9821 | 9345 | 16314 | 19029 | 18337 | 21274 | 15186 | 16058 |
| Total Debt (INR Cr) | 197672 | 155339 | 183977 | 170532 | 168019 | 145895 | 130454 | 109954 | 121355 | 106320 | 104728 | 98415 | 93622 | 77465 | 66486 | 70339 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |