Citi Chair and CEO Jane Fraser yesterday attended a meeting with Indian Prime Minister Narendra Modi, where they discussed India's economic growth and investment landscape, and opportunities for Citi to continue supporting the country's key growth priorities.
The Prime Minister shared his vision for accelerating growth and economic momentum to achieve the objective of Viksit Bharat 2047. The discussion covered a range of topics, including investment and capital flows into India, opportunities for India's corporate sector abroad, alternative energy and Artificial Intelligence.
They explored how Citi can further support India's economic agenda, help attract global investors to the country, and champion Indian companies around the world as they expand to new markets. Additionally, they discussed opportunities related to the build-out of alternate energy sources for the country, including green energy sources such as solar and green hydrogen.
The conversations also covered AI, including the role of regulation and areas where technology can be leveraged to support economic growth. Fraser was joined in the meeting by K Balasubramanian, India CEO & Banking Head and Indian Subcontinent Sub-Cluster Head, Citi, and together they communicated Citi's pride in supporting India for nearly 125 years, addressed Citi's recent growth in the country, and reiterated the firm's strong commitment to supporting the country and its clients.
The meeting reflects the confidence that global financial institutions have in the reform agenda championed by Prime Minister Modi, whose landmark initiatives have transformed India's banking landscape and accelerated financial inclusion.
As the country's leading international bank, Citi is hosting over 1,500 clients and investors at its Citi India Conference in Mumbai, June 3-5, 2026. The platform aims to raise the India dialogue and spotlight investment opportunities for global capital. 2027 will mark Citi's 125th year in India.