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Citicorp
3.7
based on 4.4k Reviews
Video summary
Company Overview
Company Locations
Working at Citicorp
Company Summary
Committed to India for over 120 years, Citi takes pride in being a premier locally embedded financial institution, backed by an unmatched global network.
Overall Rating
3.7/5
based on 4.4k reviews
3% below
industry average
Highly rated for
Salary
Critically rated for
Promotions, Work satisfaction, Skill development
Work Policy
Hybrid
89% employees reported
Monday to Friday
77% employees reported
Flexible timing
66% employees reported
No travel
76% employees reported
View detailed work policy
Top Employees Benefits
Office cab/shuttle
365 employees reported
Health insurance
301 employees reported
Job/Soft skill training
288 employees reported
Cafeteria
227 employees reported
View all benefits
About Citicorp
Founded in1997 (28 yrs old)
India Employee Count10k-50k
Global Employee Count1 Lakh+
India HeadquartersMumbai, Maharashtra, India
Office Locations
Vijayawada
Websitecitigroup.com
Primary Industry
Other Industries
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View in video summary
Citi is an employer of choice in India, offering institutions a broad range of financial products and services, including corporate and investment banking, brokerage, treasury and trade services, securities and fund services. In line with our commitment to make a positive difference in the communities we work, Citi India's citizenship program targets its strategic efforts in the priority areas of Financial Capability & Asset Building, Microfinance, Enterprise Development, and Youth, Education & Livelihoods.
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Citicorp Ratings
based on 4.4k reviews
Overall Rating
3.7/5
How AmbitionBox ratings work?
5
1.8k
4
1.2k
3
687
2
274
1
464
Category Ratings
3.9
Salary
3.6
Job security
3.4
Company culture
3.4
Work-life balance
3.3
Skill development
3.3
Work satisfaction
3.1
Promotions
Citicorp is rated 3.7 out of 5 stars on AmbitionBox, based on 4.4k company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Citicorp
based on 4.2k reviews
3.7
Rated by 1.5k Women
Rated 3.9 for Salary and 3.6 for Job security
3.7
Rated by 2.7k Men
Rated 3.9 for Salary and 3.6 for Job security
Work Policy at Citicorp
based on 585 reviews in last 6 months
Hybrid
89%
Work from office
9%
Permanent work from home
2%
Citicorp Reviews
Top mentions in Citicorp Reviews
+ 5 more
Compare Citicorp with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.7/5 based on 4.4k reviews | 4.0/5 based on 38.2k reviews | 3.9/5 based on 39.7k reviews | 3.8/5 based on 3.9k reviews |
Highly Rated for | Salary | Job security Skill development Company culture | Job security Skill development | Job security Salary |
Critically Rated for | Promotions Skill development Work satisfaction | No critically rated category | Promotions | No critically rated category |
Primary Work Policy | Hybrid 89% employees reported | Work from office 92% employees reported | Work from office 84% employees reported | Work from office 81% employees reported |
Rating by Women Employees | 3.7 Good rated by 1.5k women | 3.9 Good rated by 10.1k women | 3.7 Good rated by 8.3k women | 3.8 Good rated by 825 women |
Rating by Men Employees | 3.7 Good rated by 2.7k men | 4.0 Good rated by 26.4k men | 3.9 Good rated by 29.4k men | 3.8 Good rated by 2.7k men |
Job security | 3.6 Good | 4.1 Good | 4.0 Good | 4.1 Good |
View more
Citicorp Salaries
Citicorp salaries have received with an average score of 3.9 out of 5 by 4.4k employees.
Assistant Vice President
(4.7k salaries)
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₹17 L/yr - ₹48 L/yr
Officer
(2.8k salaries)
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₹10.5 L/yr - ₹35.5 L/yr
AVP
(959 salaries)
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₹20 L/yr - ₹49 L/yr
Senior Analyst
(798 salaries)
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₹5.5 L/yr - ₹24 L/yr
Associate Vice President
(658 salaries)
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₹18.2 L/yr - ₹48 L/yr
Business Analyst
(596 salaries)
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₹10 L/yr - ₹35 L/yr
Analyst
(594 salaries)
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₹11.8 L/yr - ₹23.2 L/yr
Team Lead
(438 salaries)
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₹4.9 L/yr - ₹18 L/yr
Senior Software Engineer
(437 salaries)
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₹10.3 L/yr - ₹35 L/yr
Senior Vice President
(400 salaries)
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₹50 L/yr - ₹1 Cr/yr
Citicorp Interview Questions
Interview questions by designation
Top Citicorp interview questions and answers
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Citicorp News
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Citigroup nearly credited client with $81 trillion instead of $280
- Citigroup narrowly avoided a catastrophic error by crediting a client's account with $81 trillion instead of $280.
- The mistake, caused by human error and system quirks, was quickly identified and rectified by internal controls.
- The incident may undermine Citigroup's efforts to address operational issues and satisfy regulators.
- This near miss is part of a pattern of operational challenges at Citigroup, with 10 similar incidents in the past year.
TechSpot | 2 Mar, 2025
Why Pristyn Care exited Bangladesh; Experts on the dropping Bitcoin price
- Pristyn Care has exited Bangladesh less than a year after expanding, citing civil distress as the primary reason.
- The healthcare startup faced strategic and political challenges, leading to an unviable venture despite promising growth.
- Pristyn Care aimed for a strong foothold with a Rs 100-crore investment but ultimately had to retreat.
- Bitcoin prices dropped below $80,000 due to stringent tariffs by US President Trump, causing market consolidation.
- Experts highlighted that sell-offs from higher interest rates, inflation uncertainties, and USD strength impacted Bitcoin's price.
- Crypto cycles historically see pullbacks before growth, testing investor confidence during market-sensitive events like the Bybit hack.
- Tamanna Sharma, a climate activist, launched Earthling First and Sustained Labs to revolutionize waste management with sustainability consultancy.
- Her initiatives like the Jalori Project focus on waste segregation, while Sustained Labs and Seed Bank aim to test sustainable models in real-world conditions.
- Gold demand in the US impacting countries, Chinese tech startups racing for AI funding, and Citigroup's $81 trillion error in fund transfer were notable news updates.
- The trivia question on the Russian composer of Swan Lake was Tchaikovsky.
Yourstory | 1 Mar, 2025
Apple Card partner Goldman Sachs drops DEI section from annual filing
- Apple Card partner Goldman Sachs has removed the “diversity and inclusion” (DEI) section from its annual filing, following President Trump's executive order to dismantle DEI policies.
- Goldman Sachs, Citigroup, and Bank of America have been scaling back their DEI initiatives.
- President Trump has urged Apple to eliminate its DEI policies after shareholders voted to keep them.
- Some argue that forced diversity may lead to tokenism and potentially overlook the most qualified candidates.
Macdailynews | 1 Mar, 2025
Citi's latest blunder: an $81 trillion 'inputting error'
- Citigroup, the Wall Street bank, sustained an $81 trillion 'inputting error' last year, but no money left the bank.
- This error follows a series of operational blunders that have attracted regulatory scrutiny.
- In 2020, Citigroup accidentally transferred $900 million to Revlon creditors.
- The latest incident highlights Citigroup's ongoing struggle to address issues with its technology and compliance frameworks.
Insider | 1 Mar, 2025
Citigroup credited client’s account with $81tn before error spotted
- Citigroup mistakenly credited a client's account with $81tn instead of $280 in a 'fat finger' error.
- The error was detected 90 minutes after it was posted by a third employee, and no funds left the bank.
- Citi disclosed the error to the US Federal Reserve and the Office of the Comptroller of the Currency.
- This is not the first 'fat finger' error for Citi, with previous incidents including accidentally sending $900m to creditors of Revlon in 2020.
Guardian | 28 Feb, 2025
Goldman Sachs scales back diversity goals amid policy shifts
- Goldman Sachs has removed diversity and inclusion targets from its annual filing.
- The bank scrapped goals for Black employees and women in leadership roles.
- This change is a response to recent political and legal developments, including an executive order by Donald Trump.
- Other financial institutions, such as Citigroup and Bank of America, have also scaled back their diversity initiatives.
HRKatha | 28 Feb, 2025
Citi Says FinTechs Need to Win on These 3 Things
- FinTech and financial services executives are facing challenges of technological advancements, transparency, and regulatory scrutiny.
- Competition in the market has evolved with neobanks and traditional banks offering digital services, driving FinTechs to refine their value propositions on cost, speed, and transparency.
- AI plays a crucial role in FinTech, aiding in compliance, automation, and enhancing customer experiences.
- Citi emphasizes AI integration as a core strategy, cautioning against viewing AI as a fix-all solution.
- Achieving scale is crucial for FinTechs, with partnerships like Citi® Payments Express aiding in growth and efficiency.
- Demographics are shifting towards broader app-based financial services usage, challenging companies to cater to diverse audiences.
- FinTechs must navigate complex regulatory environments, focusing on compliance priorities like financial crime and inclusion, amid upcoming regulatory changes.
- Partnerships between banks and FinTechs are crucial for success, with a co-creation model ensuring market-ready solutions aligned with client needs.
- Success for FinTechs hinges on delivering cost, speed, transparency, innovation, compliance, and differentiated value.
- Adapting to market changes is essential for FinTechs to thrive in a dynamic landscape.
Pymnts | 28 Feb, 2025
Citi Accidentally Credits Client Account With $81 Trillion, Says FT Report
- Citigroup Inc. accidentally credited $81 trillion to a customer's account instead of $280 last April.
- The transfer was missed by two employees and detected by a third employee after 90 minutes.
- No funds left the bank, and the incident had no impact on the bank or its client.
- A total of 10 near misses of $1 billion or more occurred at Citi last year, according to an internal report.
Bloomberg Quint | 28 Feb, 2025
Stock Recommendations Today: IndiGo, SBI Cards, Airtel, Coal India And Zomato On Brokerages' Radar
- Brokerages are closely observing stocks like SBI Cards, Trent, IndiGo, Bharti Airtel, Coal India, EPL, Zomato, and Prestige Estates today.
- Goldman Sachs maintains a 'sell' rating on Indus Towers and Vodafone Idea, while reiterating a 'buy' rating on Bharti Airtel with a raised target price.
- JPMorgan maintains a 'neutral' rating on Coal India, citing reasons not to buy the dip in stock prices.
- Goldman Sachs is bullish on Trent, expecting store sales ramp up and strategic growth in the business.
- Goldman Sachs also recommends buying shares of IndiGo Airlines due to strong domestic traffic and capacity expansion prospects.
- Morgan Stanley suggests an 'equal-weight' rating on SBI Cards, highlighting growth in January spend and market share.
- Nomura maintains a 'buy' rating on EPL, citing a positive stake sale to Indorama and long-term benefits for minority shareholders.
- Bernstein remains positive on Zomato, expecting continued growth and profitability in the medium term.
- Citigroup lowers the target price for Prestige Estates but maintains a 'buy' rating, anticipating delays in new launches.
- The article focuses on various stock recommendations and insights from brokerages to guide investors on the latest market trends.
Bloomberg Quint | 25 Feb, 2025
Apollo to Acquire Bridge Investment Group
- Apollo has entered into a definitive agreement to acquire Bridge Investment Group Holdings in an all-stock transaction valued at approximately $1.5 billion.
- Bridge, founded in 2009, is a leader in residential and industrial real estate, managing $50 billion of high-quality AUM in sectors aligned with Apollo's growth strategy.
- The acquisition will provide Apollo with scale in its real estate equity platform and enhance origination capabilities in real estate equity and credit.
- The transaction is expected to be immediately accretive to Apollo's fee-related earnings upon closing.
- Bridge will operate as a standalone platform within Apollo's asset management business post-acquisition, led by Bob Morse as an Apollo Partner.
- The merger agreement has been approved by the Bridge Board of Directors and is expected to close in the third quarter of 2025, subject to customary conditions.
- Bridge's fourth quarter and full-year 2024 earnings conference call has been canceled due to the pending transaction.
- Financial advisors involved in the transaction include BofA Securities, Citi, Goldman Sachs, J.P. Morgan Securities, and legal counsels like Paul, Weiss, Latham & Watkins among others.
- Bridge's stockholders will receive 0.07081 shares of Apollo stock for each share of Bridge Class A common stock, valued at $11.50 per share.
- Apollo's strategic focus on expanding origination base aligns with the acquisition of Bridge, bringing expertise in real estate and complementary sectors.
Intelalley | 24 Feb, 2025
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Citicorp FAQs
When was Citicorp founded?
Citicorp was founded in 1997. The company has been operating for 28 years primarily in the Financial Services sector.
Where is the Citicorp headquarters located?
Citicorp is headquartered in Mumbai, Maharashtra. It operates in 2 cities such as Hyderabad / Secunderabad, Vijayawada. To explore all the office locations, visit Citicorp locations.
How many employees does Citicorp have in India?
Citicorp currently has more than 32,000+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in Citicorp based on the number of reviews submitted on AmbitionBox.
Does Citicorp have good work-life balance?
Citicorp has a work-life balance rating of 3.4 out of 5 based on 4,400+ employee reviews on AmbitionBox. 32% employees rated Citicorp 3 or below, while 68% employees rated it 4 or above for work-life balance. This rating suggests that while some employees recognize efforts towards work-life balance, there is scope for improvement based on employee feedback. We encourage you to read Citicorp work-life balance reviews for more details
Is Citicorp good for career growth?
Career growth at Citicorp is rated as moderate, with a promotions and appraisal rating of 3.1. 32% employees rated Citicorp 3 or below, while 68% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Citicorp promotions/appraisals reviews for more detailed insights.
What are the pros and cons of working in Citicorp?
Working at Citicorp comes with several advantages and disadvantages. It is highly rated for salary & benefits. However, it is poorly rated for promotions / appraisal, work satisfaction and skill development, based on 4,400+ employee reviews on AmbitionBox.
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