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Asserting that organic growth will be Citigroup's focus in India, Chief Executive Officer Vikram Pandit has said the banking major is looking to expand its retail branch network in the country.The partially US government-owned Citi is also planning to make investments this year for expanding the entity's business units in countries, including India, China and Japan.
In an interview to British daily The Financial Times, Pandit said the bank was lobbying with local authorities in India to add to its 42-strong retail branch network.
"Organic growth is our focus in India. We are helping Indian companies to globalise and we want to continue to expand to serve this key market," he said.
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