POWER OF ATTORNEY


      KNOW  ALL MEN BY THESE  PRESENTS,  that the  undersigned  director  and/or
officer of THE CIT GROUP, INC., a Delaware corporation (the "Company"), which is
about to file with the Securities  and Exchange  Commission,  Washington,  D.C.,
under the provisions of the Securities Act of 1934, as amended, an annual report
on Form 10-K for the year ended December 31, 1997:


      Hereby  acknowledges  that the  undersigned  director  of the  Company has
      reviewed and approved  copies of the Company's  annual report on Form 10-K
      for the year ended  December 31, 1997, to be filed with the Securities and
      Exchange Commission; and

      Hereby  authorizes  ALBERT R. GAMPER,  JR., ERNEST D. STEIN, and DONALD J.
      RAPSON,  and each of them with full power to act without  the  others,  to
      execute,  in the name and on  behalf of the  Company  and on behalf of the
      Principal  Executive  Officer or Officers and/or the Principal  Accounting
      Officer and/or any other Officer of the Company, the annual report on Form
      10-K for the year ended  December  31,  1997,  and any and all  amendments
      thereof,  with power where  appropriate to affix the corporate seal of the
      Company thereto and to attest to said seal, and to file such report,  when
      so executed, including any exhibits required in connection therewith, with
      the Securities and Exchange Commission; and

      Hereby  constitutes and appoints  ALBERT R. GAMPER,  JR., ERNEST D. STEIN,
      and DONALD J. RAPSON,  and each of them with full power to act without the
      others, his true and lawful  attorneys-in-fact  and agents, for him and in
      his name,  place, and stead, in any and all capacities,  to sign such Form
      10-K and any and all  amendments  thereof,  and to file such Form 10-K and
      each such  amendment,  with all  exhibits  thereto,  and any and all other
      documents  in  connection  therewith,  with the  Securities  and  Exchange
      Commission; and

      Hereby grants unto said  attorneys-in-fact  and agents,  and each of them,
      full power and  authority  to do and  perform  any and all acts and things
      requisite and necessary to be done in and about the premises,  as fully to
      all intents and purposes as he might or could do in person; and

      Hereby ratifies and confirms all that said  attorneys-in-fact  and agents,
      or any of them, may lawfully do or cause to be done by virtue hereby.

      IN WITNESS  WHEREOF,  the undersigned has hereunto set his hand on the 5th
day of March, 1998.


                                           /s/ Albert R. Gamper, Jr.
                                           -------------------------------
                                           Albert R. Gamper, Jr.


<PAGE>

                                POWER OF ATTORNEY

      KNOW  ALL MEN BY THESE  PRESENTS,  that the  undersigned  director  and/or
officer of THE CIT GROUP, INC., a Delaware corporation (the "Company"), which is
about to file with the Securities  and Exchange  Commission,  Washington,  D.C.,
under the provisions of the Securities Act of 1934, as amended, an annual report
on Form 10-K for the year ended December 31, 1997:

      Hereby  acknowledges  that the  undersigned  director  of the  Company has
      reviewed and approved  copies of the Company's  annual report on Form 10-K
      for the year ended  December 31, 1997, to be filed with the Securities and
      Exchange Commission; and

      Hereby  authorizes  ALBERT R. GAMPER,  JR., ERNEST D. STEIN, and DONALD J.
      RAPSON,  and each of them with full power to act without  the  others,  to
      execute,  in the name and on  behalf of the  Company  and on behalf of the
      Principal  Executive  Officer or Officers and/or the Principal  Accounting
      Officer and/or any other Officer of the Company, the annual report on Form
      10-K for the year ended  December  31,  1997,  and any and all  amendments
      thereof,  with power where  appropriate to affix the corporate seal of the
      Company thereto and to attest to said seal, and to file such report,  when
      so executed, including any exhibits required in connection therewith, with
      the Securities and Exchange Commission; and

      Hereby  constitutes and appoints  ALBERT R. GAMPER,  JR., ERNEST D. STEIN,
      and DONALD J. RAPSON,  and each of them with full power to act without the
      others, his true and lawful  attorneys-in-fact  and agents, for him and in
      his name,  place, and stead, in any and all capacities,  to sign such Form
      10-K and any and all  amendments  thereof,  and to file such Form 10-K and
      each such  amendment,  with all  exhibits  thereto,  and any and all other
      documents  in  connection  therewith,  with the  Securities  and  Exchange
      Commission; and

      Hereby grants unto said  attorneys-in-fact  and agents,  and each of them,
      full power and  authority  to do and  perform  any and all acts and things
      requisite and necessary to be done in and about the premises,  as fully to
      all intents and purposes as he might or could do in person; and

      Hereby ratifies and confirms all that said  attorneys-in-fact  and agents,
      or any of them, may lawfully do or cause to be done by virtue hereby.

      IN WITNESS  WHEREOF,  the undersigned has hereunto set his hand on the 5th
day of March, 1998.


                                           /s/ Hisao Kobayashi
                                           -------------------------------
                                           Hisao Kobayashi

<PAGE>

                                POWER OF ATTORNEY

      KNOW  ALL MEN BY THESE  PRESENTS,  that the  undersigned  director  and/or
officer of THE CIT GROUP, INC., a Delaware corporation (the "Company"), which is
about to file with the Securities  and Exchange  Commission,  Washington,  D.C.,
under the provisions of the Securities Act of 1934, as amended, an annual report
on Form 10-K for the year ended December 31, 1997:

      Hereby  acknowledges  that the  undersigned  director  of the  Company has
      reviewed and approved  copies of the Company's  annual report on Form 10-K
      for the year ended  December 31, 1997, to be filed with the Securities and
      Exchange Commission; and

      Hereby  authorizes  ALBERT R. GAMPER,  JR., ERNEST D. STEIN, and DONALD J.
      RAPSON,  and each of them with full power to act without  the  others,  to
      execute,  in the name and on  behalf of the  Company  and on behalf of the
      Principal  Executive  Officer or Officers and/or the Principal  Accounting
      Officer and/or any other Officer of the Company, the annual report on Form
      10-K for the year ended  December  31,  1997,  and any and all  amendments
      thereof,  with power where  appropriate to affix the corporate seal of the
      Company thereto and to attest to said seal, and to file such report,  when
      so executed, including any exhibits required in connection therewith, with
      the Securities and Exchange Commission; and

      Hereby  constitutes and appoints  ALBERT R. GAMPER,  JR., ERNEST D. STEIN,
      and DONALD J. RAPSON,  and each of them with full power to act without the
      others, his true and lawful  attorneys-in-fact  and agents, for him and in
      his name,  place, and stead, in any and all capacities,  to sign such Form
      10-K and any and all  amendments  thereof,  and to file such Form 10-K and
      each such  amendment,  with all  exhibits  thereto,  and any and all other
      documents  in  connection  therewith,  with the  Securities  and  Exchange
      Commission; and

      Hereby grants unto said  attorneys-in-fact  and agents,  and each of them,
      full power and  authority  to do and  perform  any and all acts and things
      requisite and necessary to be done in and about the premises,  as fully to
      all intents and purposes as he might or could do in person; and

      Hereby ratifies and confirms all that said  attorneys-in-fact  and agents,
      or any of them, may lawfully do or cause to be done by virtue hereby.

      IN WITNESS  WHEREOF,  the undersigned has hereunto set his hand on the 5th
day of March, 1998.

                                           /s/ Daniel P. Amos
                                           -------------------------------
                                           Daniel P. Amos

<PAGE>

                                POWER OF ATTORNEY

      KNOW  ALL MEN BY THESE  PRESENTS,  that the  undersigned  director  and/or
officer of THE CIT GROUP, INC., a Delaware corporation (the "Company"), which is
about to file with the Securities  and Exchange  Commission,  Washington,  D.C.,
under the provisions of the Securities Act of 1934, as amended, an annual report
on Form 10-K for the year ended December 31, 1997:

      Hereby  acknowledges  that the  undersigned  director  of the  Company has
      reviewed and approved  copies of the Company's  annual report on Form 10-K
      for the year ended  December 31, 1997, to be filed with the Securities and
      Exchange Commission; and

      Hereby  authorizes  ALBERT R. GAMPER,  JR., ERNEST D. STEIN, and DONALD J.
      RAPSON,  and each of them with full power to act without  the  others,  to
      execute,  in the name and on  behalf of the  Company  and on behalf of the
      Principal  Executive  Officer or Officers and/or the Principal  Accounting
      Officer and/or any other Officer of the Company, the annual report on Form
      10-K for the year ended  December  31,  1997,  and any and all  amendments
      thereof,  with power where  appropriate to affix the corporate seal of the
      Company thereto and to attest to said seal, and to file such report,  when
      so executed, including any exhibits required in connection therewith, with
      the Securities and Exchange Commission; and

      Hereby  constitutes and appoints  ALBERT R. GAMPER,  JR., ERNEST D. STEIN,
      and DONALD J. RAPSON,  and each of them with full power to act without the
      others, his true and lawful  attorneys-in-fact  and agents, for him and in
      his name,  place, and stead, in any and all capacities,  to sign such Form
      10-K and any and all  amendments  thereof,  and to file such Form 10-K and
      each such  amendment,  with all  exhibits  thereto,  and any and all other
      documents  in  connection  therewith,  with the  Securities  and  Exchange
      Commission; and

      Hereby grants unto said  attorneys-in-fact  and agents,  and each of them,
      full power and  authority  to do and  perform  any and all acts and things
      requisite and necessary to be done in and about the premises,  as fully to
      all intents and purposes as he might or could do in person; and

      Hereby ratifies and confirms all that said  attorneys-in-fact  and agents,
      or any of them, may lawfully do or cause to be done by virtue hereby.

      IN WITNESS  WHEREOF,  the undersigned has hereunto set his hand on the 5th
day of March, 1998.

                                           /s/ Yoshiro Aoki
                                           -------------------------------
                                           Yoshiro Aoki

<PAGE>

                                POWER OF ATTORNEY

      KNOW  ALL MEN BY THESE  PRESENTS,  that the  undersigned  director  and/or
officer of THE CIT GROUP, INC., a Delaware corporation (the "Company"), which is
about to file with the Securities  and Exchange  Commission,  Washington,  D.C.,
under the provisions of the Securities Act of 1934, as amended, an annual report
on Form 10-K for the year ended December 31, 1997:

      Hereby  acknowledges  that the  undersigned  director  of the  Company has
      reviewed and approved  copies of the Company's  annual report on Form 10-K
      for the year ended  December 31, 1997, to be filed with the Securities and
      Exchange Commission; and

      Hereby  authorizes  ALBERT R. GAMPER,  JR., ERNEST D. STEIN, and DONALD J.
      RAPSON,  and each of them with full power to act without  the  others,  to
      execute,  in the name and on  behalf of the  Company  and on behalf of the
      Principal  Executive  Officer or Officers and/or the Principal  Accounting
      Officer and/or any other Officer of the Company, the annual report on Form
      10-K for the year ended  December  31,  1997,  and any and all  amendments
      thereof,  with power where  appropriate to affix the corporate seal of the
      Company thereto and to attest to said seal, and to file such report,  when
      so executed, including any exhibits required in connection therewith, with
      the Securities and Exchange Commission; and

      Hereby  constitutes and appoints  ALBERT R. GAMPER,  JR., ERNEST D. STEIN,
      and DONALD J. RAPSON,  and each of them with full power to act without the
      others, his true and lawful  attorneys-in-fact  and agents, for him and in
      his name,  place, and stead, in any and all capacities,  to sign such Form
      10-K and any and all  amendments  thereof,  and to file such Form 10-K and
      each such  amendment,  with all  exhibits  thereto,  and any and all other
      documents  in  connection  therewith,  with the  Securities  and  Exchange
      Commission; and

      Hereby grants unto said  attorneys-in-fact  and agents,  and each of them,
      full power and  authority  to do and  perform  any and all acts and things
      requisite and necessary to be done in and about the premises,  as fully to
      all intents and purposes as he might or could do in person; and

      Hereby ratifies and confirms all that said  attorneys-in-fact  and agents,
      or any of them, may lawfully do or cause to be done by virtue hereby.

      IN WITNESS  WHEREOF,  the undersigned has hereunto set his hand on the 5th
day of March, 1998.

                                           /s/ Takasuke Kaneko
                                           -------------------------------
                                           Takasuke Kaneko

<PAGE>

                                POWER OF ATTORNEY

      KNOW  ALL MEN BY THESE  PRESENTS,  that the  undersigned  director  and/or
officer of THE CIT GROUP, INC., a Delaware corporation (the "Company"), which is
about to file with the Securities  and Exchange  Commission,  Washington,  D.C.,
under the provisions of the Securities Act of 1934, as amended, an annual report
on Form 10-K for the year ended December 31, 1997:

      Hereby  acknowledges  that the  undersigned  director  of the  Company has
      reviewed and approved  copies of the Company's  annual report on Form 10-K
      for the year ended  December 31, 1997, to be filed with the Securities and
      Exchange Commission; and

      Hereby  authorizes  ALBERT R. GAMPER,  JR., ERNEST D. STEIN, and DONALD J.
      RAPSON,  and each of them with full power to act without  the  others,  to
      execute,  in the name and on  behalf of the  Company  and on behalf of the
      Principal  Executive  Officer or Officers and/or the Principal  Accounting
      Officer and/or any other Officer of the Company, the annual report on Form
      10-K for the year ended  December  31,  1997,  and any and all  amendments
      thereof,  with power where  appropriate to affix the corporate seal of the
      Company thereto and to attest to said seal, and to file such report,  when
      so executed, including any exhibits required in connection therewith, with
      the Securities and Exchange Commission; and

      Hereby  constitutes and appoints  ALBERT R. GAMPER,  JR., ERNEST D. STEIN,
      and DONALD J. RAPSON,  and each of them with full power to act without the
      others, his true and lawful  attorneys-in-fact  and agents, for him and in
      his name,  place, and stead, in any and all capacities,  to sign such Form
      10-K and any and all  amendments  thereof,  and to file such Form 10-K and
      each such  amendment,  with all  exhibits  thereto,  and any and all other
      documents  in  connection  therewith,  with the  Securities  and  Exchange
      Commission; and

      Hereby grants unto said  attorneys-in-fact  and agents,  and each of them,
      full power and  authority  to do and  perform  any and all acts and things
      requisite and necessary to be done in and about the premises,  as fully to
      all intents and purposes as he might or could do in person; and

      Hereby ratifies and confirms all that said  attorneys-in-fact  and agents,
      or any of them, may lawfully do or cause to be done by virtue hereby.

      IN WITNESS  WHEREOF,  the undersigned has hereunto set his hand on the 5th
day of March, 1998.

                                           /s/ Joseph A. Pollicino
                                           -------------------------------
                                           Joseph A. Pollicino

<PAGE>

                                POWER OF ATTORNEY

      KNOW  ALL MEN BY THESE  PRESENTS,  that the  undersigned  director  and/or
officer of THE CIT GROUP, INC., a Delaware corporation (the "Company"), which is
about to file with the Securities  and Exchange  Commission,  Washington,  D.C.,
under the provisions of the Securities Act of 1934, as amended, an annual report
on Form 10-K for the year ended December 31, 1997:

      Hereby  acknowledges  that the  undersigned  director  of the  Company has
      reviewed and approved  copies of the Company's  annual report on Form 10-K
      for the year ended  December 31, 1997, to be filed with the Securities and
      Exchange Commission; and

      Hereby  authorizes  ALBERT R. GAMPER,  JR., ERNEST D. STEIN, and DONALD J.
      RAPSON,  and each of them with full power to act without  the  others,  to
      execute,  in the name and on  behalf of the  Company  and on behalf of the
      Principal  Executive  Officer or Officers and/or the Principal  Accounting
      Officer and/or any other Officer of the Company, the annual report on Form
      10-K for the year ended  December  31,  1997,  and any and all  amendments
      thereof,  with power where  appropriate to affix the corporate seal of the
      Company thereto and to attest to said seal, and to file such report,  when
      so executed, including any exhibits required in connection therewith, with
      the Securities and Exchange Commission; and

      Hereby  constitutes and appoints  ALBERT R. GAMPER,  JR., ERNEST D. STEIN,
      and DONALD J. RAPSON,  and each of them with full power to act without the
      others, his true and lawful  attorneys-in-fact  and agents, for him and in
      his name,  place, and stead, in any and all capacities,  to sign such Form
      10-K and any and all  amendments  thereof,  and to file such Form 10-K and
      each such  amendment,  with all  exhibits  thereto,  and any and all other
      documents  in  connection  therewith,  with the  Securities  and  Exchange
      Commission; and

      Hereby grants unto said  attorneys-in-fact  and agents,  and each of them,
      full power and  authority  to do and  perform  any and all acts and things
      requisite and necessary to be done in and about the premises,  as fully to
      all intents and purposes as he might or could do in person; and

      Hereby ratifies and confirms all that said  attorneys-in-fact  and agents,
      or any of them, may lawfully do or cause to be done by virtue hereby.

      IN WITNESS  WHEREOF,  the undersigned has hereunto set his hand on the 5th
day of March, 1998.

                                           /s/ Paul N. Roth
                                           -------------------------------
                                           Paul N. Roth

<PAGE>

                                POWER OF ATTORNEY

      KNOW  ALL MEN BY THESE  PRESENTS,  that the  undersigned  director  and/or
officer of THE CIT GROUP, INC., a Delaware corporation (the "Company"), which is
about to file with the Securities  and Exchange  Commission,  Washington,  D.C.,
under the provisions of the Securities Act of 1934, as amended, an annual report
on Form 10-K for the year ended December 31, 1997:

      Hereby  acknowledges  that the  undersigned  director  of the  Company has
      reviewed and approved  copies of the Company's  annual report on Form 10-K
      for the year ended  December 31, 1997, to be filed with the Securities and
      Exchange Commission; and

      Hereby  authorizes  ALBERT R. GAMPER,  JR., ERNEST D. STEIN, and DONALD J.
      RAPSON,  and each of them with full power to act without  the  others,  to
      execute,  in the name and on  behalf of the  Company  and on behalf of the
      Principal  Executive  Officer or Officers and/or the Principal  Accounting
      Officer and/or any other Officer of the Company, the annual report on Form
      10-K for the year ended  December  31,  1997,  and any and all  amendments
      thereof,  with power where  appropriate to affix the corporate seal of the
      Company thereto and to attest to said seal, and to file such report,  when
      so executed, including any exhibits required in connection therewith, with
      the Securities and Exchange Commission; and

      Hereby  constitutes and appoints  ALBERT R. GAMPER,  JR., ERNEST D. STEIN,
      and DONALD J. RAPSON,  and each of them with full power to act without the
      others, his true and lawful  attorneys-in-fact  and agents, for him and in
      his name,  place, and stead, in any and all capacities,  to sign such Form
      10-K and any and all  amendments  thereof,  and to file such Form 10-K and
      each such  amendment,  with all  exhibits  thereto,  and any and all other
      documents  in  connection  therewith,  with the  Securities  and  Exchange
      Commission; and

      Hereby grants unto said  attorneys-in-fact  and agents,  and each of them,
      full power and  authority  to do and  perform  any and all acts and things
      requisite and necessary to be done in and about the premises,  as fully to
      all intents and purposes as he might or could do in person; and

      Hereby ratifies and confirms all that said  attorneys-in-fact  and agents,
      or any of them, may lawfully do or cause to be done by virtue hereby.

      IN WITNESS  WHEREOF,  the undersigned has hereunto set his hand on the 5th
day of March, 1998.

                                           /s/ Peter J. Tobin
                                           -------------------------------
                                           Peter J. Tobin

<PAGE>

                                POWER OF ATTORNEY

      KNOW  ALL MEN BY THESE  PRESENTS,  that the  undersigned  director  and/or
officer of THE CIT GROUP, INC., a Delaware corporation (the "Company"), which is
about to file with the Securities  and Exchange  Commission,  Washington,  D.C.,
under the provisions of the Securities Act of 1934, as amended, an annual report
on Form 10-K for the year ended December 31, 1997:

      Hereby  acknowledges  that the  undersigned  director  of the  Company has
      reviewed and approved  copies of the Company's  annual report on Form 10-K
      for the year ended  December 31, 1997, to be filed with the Securities and
      Exchange Commission; and

      Hereby  authorizes  ALBERT R. GAMPER,  JR., ERNEST D. STEIN, and DONALD J.
      RAPSON,  and each of them with full power to act without  the  others,  to
      execute,  in the name and on  behalf of the  Company  and on behalf of the
      Principal  Executive  Officer or Officers and/or the Principal  Accounting
      Officer and/or any other Officer of the Company, the annual report on Form
      10-K for the year ended  December  31,  1997,  and any and all  amendments
      thereof,  with power where  appropriate to affix the corporate seal of the
      Company thereto and to attest to said seal, and to file such report,  when
      so executed, including any exhibits required in connection therewith, with
      the Securities and Exchange Commission; and

      Hereby  constitutes and appoints  ALBERT R. GAMPER,  JR., ERNEST D. STEIN,
      and DONALD J. RAPSON,  and each of them with full power to act without the
      others, his true and lawful  attorneys-in-fact  and agents, for him and in
      his name,  place, and stead, in any and all capacities,  to sign such Form
      10-K and any and all  amendments  thereof,  and to file such Form 10-K and
      each such  amendment,  with all  exhibits  thereto,  and any and all other
      documents  in  connection  therewith,  with the  Securities  and  Exchange
      Commission; and

      Hereby grants unto said  attorneys-in-fact  and agents,  and each of them,
      full power and  authority  to do and  perform  any and all acts and things
      requisite and necessary to be done in and about the premises,  as fully to
      all intents and purposes as he might or could do in person; and

      Hereby ratifies and confirms all that said  attorneys-in-fact  and agents,
      or any of them, may lawfully do or cause to be done by virtue hereby.

      IN WITNESS  WHEREOF,  the undersigned has hereunto set his hand on the 5th
day of March, 1998.

                                           /s/ Tohru Tonoike
                                           -------------------------------
                                           Tohru Tonoike

<PAGE>

                                POWER OF ATTORNEY

      KNOW  ALL MEN BY THESE  PRESENTS,  that the  undersigned  director  and/or
officer of THE CIT GROUP, INC., a Delaware corporation (the "Company"), which is
about to file with the Securities  and Exchange  Commission,  Washington,  D.C.,
under the provisions of the Securities Act of 1934, as amended, an annual report
on Form 10-K for the year ended December 31, 1997:

      Hereby  acknowledges  that the  undersigned  director  of the  Company has
      reviewed and approved  copies of the Company's  annual report on Form 10-K
      for the year ended  December 31, 1997, to be filed with the Securities and
      Exchange Commission; and

      Hereby  authorizes  ALBERT R. GAMPER,  JR., ERNEST D. STEIN, and DONALD J.
      RAPSON,  and each of them with full power to act without  the  others,  to
      execute,  in the name and on  behalf of the  Company  and on behalf of the
      Principal  Executive  Officer or Officers and/or the Principal  Accounting
      Officer and/or any other Officer of the Company, the annual report on Form
      10-K for the year ended  December  31,  1997,  and any and all  amendments
      thereof,  with power where  appropriate to affix the corporate seal of the
      Company thereto and to attest to said seal, and to file such report,  when
      so executed, including any exhibits required in connection therewith, with
      the Securities and Exchange Commission; and

      Hereby  constitutes and appoints  ALBERT R. GAMPER,  JR., ERNEST D. STEIN,
      and DONALD J. RAPSON,  and each of them with full power to act without the
      others, his true and lawful  attorneys-in-fact  and agents, for him and in
      his name,  place, and stead, in any and all capacities,  to sign such Form
      10-K and any and all  amendments  thereof,  and to file such Form 10-K and
      each such  amendment,  with all  exhibits  thereto,  and any and all other
      documents  in  connection  therewith,  with the  Securities  and  Exchange
      Commission; and

      Hereby grants unto said  attorneys-in-fact  and agents,  and each of them,
      full power and  authority  to do and  perform  any and all acts and things
      requisite and necessary to be done in and about the premises,  as fully to
      all intents and purposes as he might or could do in person; and

      Hereby ratifies and confirms all that said  attorneys-in-fact  and agents,
      or any of them, may lawfully do or cause to be done by virtue hereby.

      IN WITNESS  WHEREOF,  the undersigned has hereunto set his hand on the 5th
day of March, 1998.

                                           /s/ Keiji Torii
                                           -------------------------------
                                           Keiji Torii