Discover and read the best of Twitter Threads about #Citibank

Most recents (10)

Major Credit Card Players in India ­čĺ│

Cards Issued (Lakhs)
HDFC 163
SBI 135
ICICI 128
Axis 86
RBL 36
Kotak 30
#Citibank 26

How will Axis-Citi take over impact this? ÔĄÁ´ŞĆ
Axis Bank will takeover loans, credit cards, wealth management and retail banking operations of Citibank.
Post this deal, Axis bankÔÇÖs Cards balance sheet is expected to grow by 57% with making it one of the top 3 Cards businesses in the country!

#AxisBank #StocksInFocus
Read 8 tweets
#Cardano ekosistemine y├Ânelen ilgi bizler i├žin yeni projeler ve yeni yat─▒r─▒m f─▒rsatlar─▒ do─čuruyor. Bir s├╝redir buna dikkat ├žekiyordum art─▒k yava┼č yava┼č dikkat ├žekici projeler i├žin temel analizler haz─▒rlamay─▒ planl─▒yorum. Bug├╝n anlataca─č─▒m @ArdanaProject , #Cardano ekosisteminde +
yer alan ilk all-in-one stable coin ekosistemi sunuyor. #Cardano DeFi ekosisteminde bir hub olma vizyonuyla yola ├ž─▒kan @ArdanaProject , on-chain varl─▒k destekli bir stabilcoin ve stabilcoinler i├žin bir DEX sunuyor.
Ardana , USD ye sabitlenmi┼č ve a┼č─▒r─▒ teminatland─▒r─▒lm─▒┼č stable coinini $dUSD ile lending / borrowing, staking, liquidity mining, AMM ve bir├žok asset i├žeren d├╝┼č├╝k fee/slippage ve sermeye verimlili─či sa─člayan likidite havuzlar─▒yla +
Read 11 tweets
Gobierno venezolano le quit├│ el bot├şn de las manos a la #bandaGuaid├│ y c├│mplices gringos. Se deduce de la afirmaci├│n del Presidente Maduro sobre el "rescate de recursos secuestrados por la Reserva Federal de EEUU". Se comprar├ín m├ís de 11 millones de vacunas a trav├ęs de #Covax
Durante el balance semanal del Covid19, Maduro inform├│ que en otro momento revelar├şa m├ís detalles de la "├ępica" recuperaci├│n. Todo indica que se trata de fondos del BCV depositados en una cuenta del #Citibank que en ABR2020 hab├şan sido transferidos a la Reserva Federal.
La extinta Asamblea Nacional autoriz├│ la operaci├│n del saqueo de fondos. En complicidad con el gobierno gringo fue transferido y puesto a disposici├│n de la directiva del "BCV de fantas├şa".
El acto de saqueo fue anunciado p├║blicamente por los parlamentarios y el propio Guaid├│.
Read 14 tweets
#HELP
Filed a complaint against #ICICIBank with #RBI #BankingOmbudsman in Nov. 2019. #ICICIBank provided #fake bills to defend its stand.
I submitted 200+ page docket to defend my stand alongwith all fake bills that #ICICIBank provided. The exact same situation happened with
1/n
#CitiBank which also provided the exact same fake bill given by the merchant but after constant follow up accepted its mistake and refunded my transaction amount. #ICICIBank representatives from dispute department accepted that the bills are fake but still refused to resolve
2/n
the issue. I followed up with #ICICIBank from January 2019 till October 2019 (for 10 months) through hundreds of calls, emails, personal branch visits across Mumbai offices, meeting 20+ representatives of different departments before putting a complaint with #RBI
3/n
Read 6 tweets
The mother of all QEs is here - @federalreserve has announced:
a. Interest rate cut by 100bps to 0% - 0.25%
b. Emergency lending rate cut by 125 basis points to 0.25%,
c. Increased the emergency lending term of loans to 90 days.

#USD #FEDrate
#QE5

(1/n)
d. Buying of $500 BN of Treasurys and $200 BN of agency-backed mortgage securities.
e. Pushed major banks to use the equity + liquid buffers ($1.3 TN + $2.9 TN) for lending and manage credit expansion.
Instantly, eight largest U.S. banks (Bank of America, Bank of New York Mellon, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, State Street, and Wells Fargo) have suspended share buybacks program to support the Fed's idea of credit expansion.

#bankofamerica #CITIBANK
Read 6 tweets
A #CIBIL thread- Long read but I had to vent out. My CIBIL score is 622/900- 96% of loans sanctioned last year have a better score. So bottom of the barrel pretty much 1/13
My financial position- zero debt, 3 active credit cards with no overdues or rollovers EVER, a liquid investment portfolio that allowed me to retire at 46 i.e 5 years ago. DoesnÔÇÖt scream bottom of barrel does it? So what went wrong? 2/13 #CIBIL
Enter #CITIBANK ÔÇôIÔÇÖve had a CITI card since 1994 with a zero track record of overdues or rollover. In 2011,I was a target of a fraud in New York.For a purchase of 750$ the shopkeeper swiped the card for 1200$. I spotted it immediately got the merchant to reverse it. 3/13 #CIBIL
Read 13 tweets
In #SDNY, Steptoe faces Curcio hearing on representing Sadr Nejad and #JPM, previously UBS Commerzbank & #Citibank - thread
Judge Nathan reading Strptoe's script, changing #JPM to the "banks." US Attorney also unconcerned about Citibank conflict?
Like Ali Sadr, now under oath Judge Nathan says she went to Cornell. Echo of Sandy Weill, #PredatoryBender @SDNYLIVE
Read 8 tweets
THREAD: #ChinaÔÇÖs central bank #PBoC on Sat. unveiled plan to improve the mechanism which will form the loan prime rate (LPR) to further liberalize the rate of bank loans, marking a significant step forward toward the market-based reform of interest rate. mp.weixin.qq.com/s/IoTSx9MePEnYÔÇŽ
The reform of #LPR is mainly aimed at improving the efficiency of monetary policy transmission mechanism. Under the current FTP(funds transfer pricing) model, easing monetary policy often fail to benefit real economy sector, according to Li Qilin, CF40 Youth Scholar.
The new LPR will have three major changes, 1. Besides the already existing 1-year LPR, #banks will also report 5-year LPR which could provide reference for PBoC to set the price for mid- and long-term #loans.
Read 7 tweets
#Venezuela's #NicolasMaduro:
"We had a large shipment of medicines to last the country for a year,a large batch of raw materials for food. The bank account was frozen,the contracts were cancelled & the money is seized. They suffocate us,steal our money & put a show for the world"
#US ECONOMIC BLOCKADE BLOCKING THE HEALTH SECTOR
Nov. 2017:The transnational Pharmaceutical companies Baster,Abbot & Pfizer refused to issue exportation certificates to #Cancer drugs,making it impossible for #Venezuela to buy them
ÔÇŽagoalbasolidarity.files.wordpress.com/2018/06/doc_saÔÇŽ­čĹł
#US BLOCKADE OF #VENEZUELA'S ACCESS TO MEDICINE
July 2017: The Citibank bank (#USA) refuses to receive #Venezuelan funds from the Central Bank for the import of 300 thousand doses of insulin, destined to cover the demand of 450 thousand registered patients.
Read 62 tweets

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