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Citicorp
3.7
based on 4.5k 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 4.5k reviews
3% below
industry average
Highly rated for
Salary
Critically rated for
Promotions, Work satisfaction, Skill development
Work Policy
Hybrid
90% 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 4.5k reviews
Overall Rating
3.7/5
How AmbitionBox ratings work?
5
1.8k
4
1.2k
3
698
2
278
1
469
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 4.5k 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 2.8k Men
Rated 3.9 for Salary and 3.6 for Job security
Work Policy at Citicorp
based on 634 reviews in last 6 months
Hybrid
90%
Work from office
9%
Permanent work from home
1%
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 4.5k reviews | 3.8/5 based on 6.6k reviews | 3.9/5 based on 6.3k reviews | 3.9/5 based on 4.8k reviews |
Highly Rated for | Salary | Work-life balance Job security | Job security Skill development Salary | Job security Work-life balance Company culture |
Critically Rated for | Promotions Skill development Work satisfaction | Promotions | Promotions | Promotions |
Primary Work Policy | Hybrid 90% employees reported | Hybrid 84% employees reported | Hybrid 62% employees reported | Hybrid 88% employees reported |
Rating by Women Employees | 3.7 Good rated by 1.5k women | 4.0 Good rated by 2k women | 3.9 Good rated by 2.1k women | 3.8 Good rated by 1.6k women |
Rating by Men Employees | 3.7 Good rated by 2.8k men | 3.8 Good rated by 4.3k men | 4.0 Good rated by 3.8k men | 4.0 Good rated by 3k men |
Job security | 3.6 Good | 3.9 Good | 4.0 Good | 4.0 Good |
View more
Citicorp Salaries
Citicorp salaries have received with an average score of 3.9 out of 5 by 4.5k employees.
Assistant Vice President
(4.7k salaries)
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₹17 L/yr - ₹48 L/yr
Officer
(2.9k salaries)
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₹10.5 L/yr - ₹35.5 L/yr
AVP
(986 salaries)
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₹20 L/yr - ₹49 L/yr
Senior Analyst
(787 salaries)
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₹5.9 L/yr - ₹24.3 L/yr
Associate Vice President
(739 salaries)
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₹18 L/yr - ₹48 L/yr
Analyst
(713 salaries)
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₹12 L/yr - ₹23.5 L/yr
Business Analyst
(604 salaries)
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₹10 L/yr - ₹35 L/yr
Senior Software Engineer
(457 salaries)
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₹14 L/yr - ₹36 L/yr
Team Lead
(452 salaries)
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₹4.9 L/yr - ₹20.1 L/yr
Senior Vice President
(429 salaries)
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₹43 L/yr - ₹1.1 Cr/yr
Citicorp Interview Questions
Interview questions by designation
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Citicorp News
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IT Sector Outlook: Analysts Have Chalk And Cheese Views On Tech Stocks After Accenture Results
- Analysts have varying views on the IT sector post the Accenture results, with concerns over US discretionary spending impacting Indian IT companies.
- Accenture raised its forecast for fiscal 2025, signaling a neutral to positive outlook for Indian IT according to HSBC, while Nomura is cautious about US federal contracts.
- Domestic IT sector may face challenges due to limited exposure to US federal contracts, prompting brokerages like CLSA to urge a cautious approach despite stable pricing.
- Despite projected growth, there are concerns about a possible pause in flow business and difficulty in outperforming the market in 2025, particularly in retail.
- Citi advises caution in the sector citing global economic uncertainties, increased competition intensity, and margin pressures, recommending certain tech companies over others.
- Nomura highlights risks for Indian IT companies despite no exposure to US federal contracts, predicting tough times ahead with growth likely to bottom out in 2025.
- CLSA remains optimistic on the Indian IT sector, emphasizing that reductions in US public services won't affect domestic IT companies, expecting currency depreciation to partially offset revenue cuts.
- CLSA maintains an 'outperform' rating on key Indian IT firms, citing progress in the BFSI sector, while continuing to favor Accenture in communication, media, and technology verticals.
Bloomberg Quint | 21 Mar, 2025
Stock Market Live: Nifty Support Seen At 22,940; Bajaj Finance, Manappuram Finance, IndusInd Bank In Focus
- The Nifty has immediate support near 22,940–22,974, with a bullish gap suggesting a potential rally towards 23,500–23,600 if it remains above 22,940.
- AU Small Finance Bank denied rumors of CFO resignation and special RBI audit, confirming Vimal Jain continues as CFO.
- Brokerages like Citi, CLSA, and Nomura offer insights on IT sector outlook and preferences for companies such as HCL Tech, Infosys, and Wipro.
- Manappuram Finance receives a significant investment from Bain Capital; IndusInd Bank initiates investigation into accounting discrepancies.
- Bajaj Finance appoints new executives, while JSW Energy plans to raise funds through non-convertible debentures.
- Nifty March futures show positive trends, with key activity at 24,000 call strikes and securities like IndusInd Bank and SAIL in the ban period.
- Recent market movements indicate signs of stability and potential recovery, supported by improving price action and key index movements.
- US futures and Asian stock markets show mixed trends, with the Nifty index trading above 23,200.
- Overall, the market outlook reflects a mix of positive signals and cautious approaches towards various sectors and specific stocks.
- Market participants are advised to monitor key support levels and corporate developments to navigate the current market environment.
Bloomberg Quint | 21 Mar, 2025
Stock Recommendations Today: United Spirits, Bajaj Finance, Waaree Energies On Brokerages' Radar
- United Spirits Ltd., Bajaj Finance Ltd., and Waaree Energies Ltd. were highlighted by brokerages with Citi upgrading United Spirits to 'buy' and setting a target price of Rs 1,650.
- Nomura predicts that Indian IT companies' growth is likely to bottom out in financial year 2025F, while Citi remains cautious on the IT sector.
- BofA notes Indian markets entering panic zone due to foreign selling, but historically, positive returns are likely once the panic zone is exited.
- CLSA and Nomura provide insights on Indian IT companies compared to Accenture, highlighting potential opportunities amidst macroeconomic uncertainties.
- CLSA analyzes the automotive market segments with Bajaj Auto poised for growth in the 125-250cc segment.
- UBS discusses Defence Acquisition Council's approvals and positive implications for defence State-Owned Enterprises in financial year 2026.
- Brokerages like Citi and Morgan Stanley share recommendations on Bajaj Finance, emphasizing strong medium-term growth outlook and management confidence.
- Nuvama initiates a 'buy' rating on Waaree Energies, projecting significant Ebitda growth from their backward integration strategy.
- UBS maintains a 'buy' rating on Bharat Forge, highlighting the approval for procurement of 307 ATAGs and Bharat Forge being the lowest bidder.
- In addition, brokerages offer insights on Adani Enterprises in the cable and wire industry and Bain Capital's acquisition in Manappuram Finance.
Bloomberg Quint | 21 Mar, 2025
Indus Towers Share Price Climbs For Second Day As Citi Elevates It To Top Telco Pick
- Indus Towers' share price rose nearly 1% following Citi's elevation to top telecom pick.
- Citi's report highlighted the shareholder approval for Indus Towers' acquisition of 16,100 towers from Bharti Airtel and Hexacom.
- Citi forecasts a 10% compound annual growth rate for Indus Towers, citing attractive dividend yield and positive growth prospects.
- Indus Towers' stock rose as much as 0.83% to Rs 342 apiece, with a 12-month consensus price target implying an upside of 21.7%.
Bloomberg Quint | 20 Mar, 2025
Judge orders Citibank to release nonprofit funds, rejects EPA’s arguments
- A federal judge issued a temporary restraining order requiring the Environmental Protection Agency (EPA) and Citibank to give three nonprofits access to their frozen funds.
- The judge found that the EPA's termination of the contracts with the nonprofits was 'arbitrary and capricious'.
- The EPA's claims of waste, fraud, and conflicts of interest were deemed 'vague and unsubstantiated' by the judge.
- The judge concluded that the nonprofits will face 'imminent, irreparable harm' if they do not regain access to their funding.
TechCrunch | 20 Mar, 2025
EPA was ‘arbitrary and capricious’ when it froze nonprofits’ Citibank accounts, judge finds
- A federal judge issued a temporary restraining order requiring the Environmental Protection Agency (EPA) and Citibank to unfreeze nonprofits' accounts.
- The EPA terminated contracts with three nonprofits over alleged concerns about waste, fraud, and conflicts of interest, but the judge found the claims to be 'vague and unsubstantiated.'
- The judge stated that the nonprofits would 'suffer imminent, irreparable harm' if they didn't gain access to their funding.
- The nonprofits committed millions of dollars to projects related to the Greenhouse Gas Reduction Fund, and the freeze on their accounts has caused financial difficulties.
TechCrunch | 19 Mar, 2025
IT Stocks Outlook: Citi Cautious Despite Rupee Depreciation Amid Global Macro Uncertainty
- Citi Research is cautious on Indian IT stocks despite sharp correction as it believes global macro uncertainty is looming over their multiples.
- Indian IT companies have a significant exposure to the US markets. Any adverse change in the US ends up hurting Indian IT companies' performance.
- Citi Research believes margin improvement in a high competitive scenario is not easy despite INR depreciation for top five IT companies.
- Citi Research upgraded Mphasis Ltd. to 'Neutral' from 'Sell' after its steep correction in the stock and improved growth outlook.
Bloomberg Quint | 19 Mar, 2025
Strategy Announces 5M Series A Perpetual Strife Preferred Stock to Fund Bitcoin Acquisition
- Strategy plans to offer 5,000,000 shares of its Series A Perpetual Strife Preferred Stock to fund Bitcoin acquisition.
- The preferred stock will offer a 10% fixed dividend rate and redemption rights under specific conditions.
- Proceeds from the offering will be used for general corporate activities and operational capital.
- Morgan Stanley, Barclays, Citigroup, and Moelis will act as joint book-running managers for the offering.
TronWeekly | 19 Mar, 2025
Gemini’s New CFO Dan Chen to Lead Financial Growth Strategy
- Cryptocurrency exchange Gemini has appointed Dan Chen as its new Chief Financial Officer, signaling a strategic shift and potential structural changes under the new Trump administration.
- Chen's background in capital markets and bank partnerships makes him a valuable addition to Gemini's leadership team, as the company considers new growth opportunities, including a potential initial public offering (IPO).
- Gemini has confidentially filed for an IPO with the assistance of Goldman Sachs and Citigroup, joining a growing number of crypto companies seeking to raise public capital and drive growth.
- The Trump administration's crypto-friendly stance and increased engagement with cryptocurrency executives signal a more transparent attitude towards digital assets, which can potentially accelerate IPO plans across the sector.
TronWeekly | 18 Mar, 2025
Sona BLW Gets Target Price Cut From Citi But Long-Term Outlook Positive
- Citi Research has cut the target price for Sona BLW Precision Forgings Ltd. from Rs 630 to Rs 570.
- Despite the target price cut, the long-term growth potential for Sona BLW remains solid.
- Citi also emphasized the strength of Sona's order book and diversification.
- The brokerage has maintained its 'buy' rating for Sona BLW.
Bloomberg Quint | 18 Mar, 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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