Citi’s investment banking business has helped Indian companies raise nearly $16 billion so far this year and has advised on $36 billion of mergers and acquisitions, as the bank’s investment banking revenue in India nearly doubled year on year, according to Dealogic data cited by Citi.
Citi ranked first in India for investment banking revenue year to date, with revenue rising to $52 million from $29 million a year earlier. Its market share stood at 7%, compared with 4% in 2025, according to Dealogic data.