Citi India Nears $1 Billion Book of Asset Backed Securities

Citigroup Inc.’s India unit has more than doubled its asset-backed securities book to nearly $1 billion in the last two years, ahead of schedule for a goal it set for...

By Saikat Das, Anirban Nag · Bloomberg Markets

Citigroup Inc.’s India unit has more than doubled its asset-backed securities book to nearly $1 billion in the last two years, ahead of schedule for a goal it set for itself in February.