Warning: mysql_connect(): Access denied for user 'u15145'@'10.8.3.239' (using password: YES) in /home/u15145/eng.vedanta.ru/www/1db.php on line 6

Warning: mysql_select_db(): No such file or directory in /home/u15145/eng.vedanta.ru/www/1db.php on line 7

Warning: mysql_select_db(): A link to the server could not be established in /home/u15145/eng.vedanta.ru/www/1db.php on line 7
Pandit's Citi to keep expanding in India, China | 28.07.2009 | NEWS | VEDANTA.RU | vedanta yoga tantra Ramakrishna Vivekananda Sarada Devi Prabuddha Bharata Vedanta Keshari Swami Satyananda Saraswati Atman Brahman Shiva Vishnu Lakshmi Ganesha Sita Rama Mata Amritanandamayi Patandjali Vyasa-bhashya Shankara Ramanudja Kabir Malyavin Swami Viradjananda Gokulananda Lokeshvarananda Shivananda Jyotirupananda Yogananda Yogashakti shrishti shruti Upanishads Vedas Pralaya Bihar Kundalini Samnyasa Karma professor Brodov V.V. Sri Aurobindo Rabindranat Tagore Mahatma Gandhi Sartvepalli Radhakrishnan Lao-tzu Zhuan-tzu Lie-tzu Confusius Swara Yoga Nidra Артур Artur Avalon John Woodroffe Samkhya Mimansa Buddhism Jainism Daosism

Warning: mysql_query(): No such file or directory in /home/u15145/eng.vedanta.ru/www/fday.php on line 2

Warning: mysql_query(): A link to the server could not be established in /home/u15145/eng.vedanta.ru/www/fday.php on line 2

Warning: mysql_query(): No such file or directory in /home/u15145/eng.vedanta.ru/www/fday.php on line 5

Warning: mysql_query(): A link to the server could not be established in /home/u15145/eng.vedanta.ru/www/fday.php on line 5

Warning: mysql_query(): No such file or directory in /home/u15145/eng.vedanta.ru/www/fday.php on line 12

Warning: mysql_query(): A link to the server could not be established in /home/u15145/eng.vedanta.ru/www/fday.php on line 12

Warning: mysql_query(): No such file or directory in /home/u15145/eng.vedanta.ru/www/fday.php on line 15

Warning: mysql_query(): A link to the server could not be established in /home/u15145/eng.vedanta.ru/www/fday.php on line 15

Warning: mysql_query(): No such file or directory in /home/u15145/eng.vedanta.ru/www/fday.php on line 17

Warning: mysql_query(): A link to the server could not be established in /home/u15145/eng.vedanta.ru/www/fday.php on line 17
MAIN
YOGA
VEDANTA

 

VEDANTA KESARI
PRABUDDHA BHARATA
PERSONALITIES
PEOPLE AND EVENTS
LIBRARY

 

RUSSIA - INDIA
NEWS AND ANALYSIS
ECONOMICS
TRAVEL
MP3
ARCHIVE
LINKS
CONTACTS
NEWS ARCHIVE
RUSSIAN


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

VEDANTA MASS MEDIAPandit's Citi to keep expanding in India, China
 


            

 

 

 

  
             Pandit's Citi to keep expanding in India, China

 

 

             By Arun Kumar

 

 

             Indo-Asian News Service

 

 

 

      Washington, July 28 (IANS) Citigroup Inc's Indian American chief executive Vikram Pandit says he hopes to continue expanding the bank's business in the two biggest engines of growth in Asia, China and India, despite tough local restrictions.

     

      The bank wouldn't retreat from fast-growing Asian businesses even as the financial crisis has forced it to shrink its balance sheet by about 25 percent, he told Wall Street Journal in an interview at Citigroup's Hong Kong headquarters Monday.

 

      "There's no question in our mind that Asia is going to represent a disproportionate amount of the world's growth over the next decade," he said adding, that will result in big opportunities for Citi to expand its presence in trade finance, custody business and cross-border cash flows, "The intra-Asia flows are going to grow exponentially," said Pandit, 52, who has held the top job at Citi since December 2007.

 

      Citing Citi's efforts to help American homeowners and credit-card holders who are having trouble making their payments, he acknowledged "a significant responsibility" on Citi's part to help be "an integral part of the American recovery."

 

      But "now it's the turn for the foreign consumer to rise," he said as cited by the Journal, and American businesses can help with the US recovery through exports to overseas consumers.

 

      Pandit also dismissed suggestions that competitors speaking ill of Citi's bailout from Washington are affecting the business. "I've usually found that you don't win business by talking down somebody," he said.

 

      There are points in time, Pandit said, when companies in one part of the world need loans and liquidity available from elsewhere in the world. "That's the business that we're in," he was quoted as saying by the Journal.

 

      However, he added that the safety and soundness of its local businesses was critical and Citigroup worked closely with regulators everywhere it operates.


 

 


     Indo-Asian News Service




     Prabuddha Bharata>>>

     Vedanta Kesari>>>

     Vedanta Mass Media>>>




     Kundalini Tantra>>>
     Swami Gokulananda "Some Guidelines to Inner Life">>>

 

 

      


Warning: mysql_query(): No such file or directory in /home/u15145/eng.vedanta.ru/www/imgday.php on line 2

Warning: mysql_query(): A link to the server could not be established in /home/u15145/eng.vedanta.ru/www/imgday.php on line 2

Warning: mysql_result() expects parameter 1 to be resource, boolean given in /home/u15145/eng.vedanta.ru/www/imgday.php on line 3

Warning: mysql_query(): No such file or directory in /home/u15145/eng.vedanta.ru/www/imgday.php on line 5

Warning: mysql_query(): A link to the server could not be established in /home/u15145/eng.vedanta.ru/www/imgday.php on line 5

Warning: mysql_result() expects parameter 1 to be resource, boolean given in /home/u15145/eng.vedanta.ru/www/imgday.php on line 6

Warning: mysql_result() expects parameter 1 to be resource, boolean given in /home/u15145/eng.vedanta.ru/www/imgday.php on line 7

Warning: mysql_result() expects parameter 1 to be resource, boolean given in /home/u15145/eng.vedanta.ru/www/imgday.php on line 8

Warning: mysql_query(): No such file or directory in /home/u15145/eng.vedanta.ru/www/imgday.php on line 14

Warning: mysql_query(): A link to the server could not be established in /home/u15145/eng.vedanta.ru/www/imgday.php on line 14

Warning: mysql_result() expects parameter 1 to be resource, boolean given in /home/u15145/eng.vedanta.ru/www/imgday.php on line 15

Warning: mysql_query(): No such file or directory in /home/u15145/eng.vedanta.ru/www/imgday.php on line 17

Warning: mysql_query(): A link to the server could not be established in /home/u15145/eng.vedanta.ru/www/imgday.php on line 17

Warning: mysql_query(): No such file or directory in /home/u15145/eng.vedanta.ru/www/imgday.php on line 19

Warning: mysql_query(): A link to the server could not be established in /home/u15145/eng.vedanta.ru/www/imgday.php on line 19

Warning: mysql_result() expects parameter 1 to be resource, boolean given in /home/u15145/eng.vedanta.ru/www/imgday.php on line 20

Warning: mysql_result() expects parameter 1 to be resource, boolean given in /home/u15145/eng.vedanta.ru/www/imgday.php on line 21

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Яндекс цитирования Rambler's Top100

Warning: mysql_close(): no MySQL-Link resource supplied in /home/u15145/eng.vedanta.ru/www/2db.php on line 2