K Balasubramanian

Citibank India CEO Says India’s AI Story Must Shift From Hype to Practical Gains

India’s artificial intelligence narrative needs to move beyond broad optimism and focus on measurable business outcomes, Citibank India chief executive K Balasubramanian said, framing the country’s next growth phase around productivity, capital formation and cross-border trade. He also pointed to long-term capital gains tax as a key equity-market consideration, while arguing that new trade agreements could unlock meaningful UK-India and EU-India corridors for investment and financing.