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Yes, I do believe that these banks are crooks and their surveys are craps!! Citibank in India has not so much market share here, yet they want to be in the headlines, nothing else
Not sure I understand. Are you saying Citibank does not want a share of the Indian market?
Citibank wants the share but it's not getting on track. Their services are so highly priced for Indian customers. They have made a tie up with an Indian Bank yet they are 14th on the list of private banks!
https://www.forbesindia.com/article/explainers/private-banks-in-india/90671/1
They will certainly use M&A as a strategy.
Foreign banks don't have too much success here in India because they fail to understand consumer behaviour. in case of Citibank, they are only present in big cities and they're not spreading their wings here.
You're making my point for me.
Citibank wants more fiat behavior and a big cut of that market.