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Citi India Records 12% Profit Growth
July 12, 2017
At Rs. 3,626 crore PAT (Profit After Tax) Citi India recorded a 12% increase growth in FY17. The lender said that its pre-tax profit also rose to Rs. 6,185, thus marking a 7% growth.
The total assets of Citi India stand at Rs. 2.02 lakh crore. The lender reportedly disbursed loans of Rs. 2.34 lakh crore in FY17 which led to a record 13.4% growth from the previous year. Another significant change in FY17 was the addition of over 2,000 new employees which made the total workforce increase to 14,543.
