It is the subsidiary of Citibroup of Citibank India and Quartz India has written today that he personally reviewed an email from Citibank India, which was sent to the customers on February.
They has taken a step further by banning the use of debit card for the purchase of crypto. It is the latest heading bank to ban the use of credit cards to buy cryptocurrencies for its customers in Citibank India. This was the quartz India report on February 14.