IPL inks a five-year deal with Citibank

Published: Friday, April 18, 2008, 3:35 [IST]
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Mumbai: The DLF Indian Premier League (IPL) on Thursday announced that Citi has been chosen as the official bank for the league.

The multi-million dollar deal will be for a period of five years, a release issued here stated. However both the parties declined to reveal the exact amount and nature of deal

IPL Chairman Lalit Modi said, ''It is indeed a pleasure to partner a pre-eminent financial company like Citi. I am certain the company's association with the DLF IPL as its official bank will prove to be a mutually beneficial partnership.''

Citibank India CEO Sanjay Nayar said they were delighted to partner DLF IPL as its official bank. ''We believe this partnership shares many common ideals, including those of innovation and of delivering our services to a broad customer base,'' he added.


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