Citibank India announced the opening of its 40th branch in India. Located in Akola, the ‘cotton capital' of Maharashtra, the branch reinforces Citi's commitment towards fulfilling the national priority of financial inclusion and providing access to quality capital to all strata of society, especially those who have limited access to financial services. The Akola branch will be a full-service branch, where the entire range of relevant products and services ‘ savings account, term deposits, loans, mortgages, cards and wealth management services' will be available to both individual and SME customers. The Akola branch is the first of three new branches Citibank intends to open this year.  The other two, in Nanded (Maharashtra) and Kurnool (Andhra Pradesh), will be launched by the third quarter of this year.

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