EXHIBIT 23.1


             CONSENT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS


The Board of Directors
Travelers Group Inc.:

We consent to the incorporation by reference in the registration statement on 
Form S-3 of Travelers Group Inc. of our reports dated January 17, 1997 which 
are incorporated by reference or included in the 1996 Annual Report on Form 
10-K, as amended by Form 10-K/A-2, of Travelers Group Inc. We also consent to 
the incorporation by reference of our report dated November 28, 1997, with 
respect to the supplemental consolidated statement of financial position of 
Travelers Group Inc. and subsidiaries as of December 31, 1996 and 1995, and 
the related supplemental consolidated statements of income, changes in 
stockholders' equity and cash flows for each of the years in the three-year 
period ended December 31, 1996, and the related supplemental financial 
statement schedule, which report appears in the Current Report on Form 8-K 
dated November 28, 1997 of Travelers Group Inc., and to the reference to our 
firm under the heading "Experts" in the registration statement.

/s/ KPMG Peat Marwick LLP

New York, New York
December 18, 1997