Citi India CEO says AI narrative must change for India
In short
Citibank India CEO K Balasubramanian said the AI story for India needs to change.
He linked that to capital-gains tax and trade deals that could help services, markets, and investment banking. The report does not say what exact AI change he wants or when it would happen.
What the reporting says
Citibank India CEO K Balasubramanian said the AI narrative needs to change for India, according to the supplied summary. He tied the outlook to long-term capital-gains tax, trade agreements, and possible UK-India and EU-India corridors that could help services, markets, and investment-banking activity. The reporting does not say what change he wants in AI policy or timing, only that Citi is engaging clients and screening beneficiaries.
Why it matters
Citibank India CEO K Balasubramanian said the AI narrative needs to change for India, and the supplied summary links his comments to long-term capital-gains tax and trade agreements that could open UK-India and EU-India corridors. He said Citi is identifying companies that could benefit and may see opportunities through services, markets, and investment-banking transactions. The reporting does not specify an AI policy proposal.