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Citi Boosts India Presence, Backs Ambitious Indian Firms with Capital and Advice
30 Oct
Summary
- Citi to deploy more capital in India as Indian companies eye global deals
- Citi's global investment banking head sees strong M&A momentum despite volatility
- Citi expects India's IPO market to set new records in the next 12 months

As of October 30, 2025, Citi is ramping up its focus on the Indian market, with plans to deploy more capital to support the growing ambitions of Indian companies. Viswas Raghavan, Citi's global head of banking and executive vice chair, has been leading the firm's efforts to expand its team and capabilities across key markets, riding the wave of strong global M&A activity.
Raghavan, who joined Citi last year from JP Morgan, where he led global investment banking, believes Indian companies are increasingly looking at international deals and Citi is committed to providing them with advice and capital to help realize their global aspirations. He notes that Indian companies now have the "currency and wherewithal to really dream big" when it comes to cross-border transactions.



