Citibank, is set to ramp up its retail banking business in the country and plans to tie-up with local players in distribution and product related areas, a top bank official said.
"We have a number of plans on partnerships..we are in discussions...to work with people having competency, to bring more services to customers...," Citi India's Country Business Manager (Global Consumer Group), P S Jayakumar, told reporters on the sidelines of a press conferenceĀ in Mumbai on Thursday.
Jayakumar said the bank is looking at tie-ups in the areas of product distribution and technology, without, however, divulging further details.
Citi has targeted a growth above the industry avearge in retail
business in the current fiscal and is readying to launch a bouquet of retail products this year, Jayakumar said.