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By Pramit Jhaveri, Citi Country Officer, India October 30, 2014 11:59 AMLast month, India Prime Minister Shri Narendra Modi announced his vision to end 'financial untouchability' in the country by providing universal access to banking. The target is to open 75 million new savings accounts in six months, supported by a massive financial literacy drive. Barely 40 percent of Indians currently have access to formal banking, making this initiative a national imperative.And I am proud that Citi is supporting his vision. Citi India, with support from Citi Foundation, has been proactively supporting financial education and inclusion programs across the country. In 2004, Citi Foundation, SEWA Bank, Women's World Bank and Coady International Institute established the Citi Center for Financial Literacy, which has since provided financial education to an estimated 800,000 low-income women.
Citi Awarded Best US Company in India in Financial Services by The Indo-American Chamber of Commerce
By Pramit Jhaveri, CEO, Citi India July 19, 2012 12:00 PM
The Indo-American Corporate Excellence Awards 2012 hosted by The Indo-American Chamber of Commerce (IACC), recently awarded Citi India as the 'Best US Company in India in Financial Services'. The Indo-American Corporate Excellence Awards celebrate corporate excellence and recognize the best US companies in India and Indian companies in the US. Citi India was awarded this recognition based on its uniqueness in Human Capital Management, Corporate Social Responsibility and overall contribution to Indo-US business.