Yes Bank joins list of suitors bidding for Citibank’s Indian retail assets

REUTERS/Robert Galbraith

Private lender Yes Bank is exploring a potential bid for the Indian retail assets of Citibank, joining a list of suitors eyeing the local operations of the foreign bank that is partially exiting 13 countries.

Yes Bank will look at acquiring Citi’s retail assets, including credit cards and wealth management in India, chief executive Prashant Kumar said.

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