ICICI CEO Envisions India at a Favorable Inflection Point Amid Growing Stability and Rising Global Confidence

India Grabs Global Attention with Robust Economic Growth

India is experiencing a "Goldilocks moment", marked by robust economic growth and rising global confidence, according to ICICI Bank CEO Sandeep Bakhshi. This well-balanced and resilient economic environment is a testament to the country's transformative digital public infrastructure, including Aadhaar and UPI, which have advanced financial inclusion, enhanced efficiency, and fostered innovation across sectors.

Bakhshi made these remarks while addressing the ninth annual convocation of the Indian Institute of Management (IIM) Jammu. The event saw the conferment of degrees to 520 students across various programmes, including 289 students from the MBA programme, 77 from MBA (Hospital Administration & Healthcare Management), 31 from the Executive MBA programme, 123 from the Integrated Programme in Management (IPM), and 121 students from the 3rd IPM batch, 2023-2026.

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A female scholar, Dimple, was also awarded a PhD in Management in the area of Organizational Behaviour and Human Resources. The event marked a proud moment for the institute and its stakeholders.

Bakhshi reflected on the evolution of the banking industry, noting the shift from traditional models to technology-driven, data-centric systems built on the pillars of trust and sound governance. He emphasized that while the country offers immense opportunities, sustained success depends on resilience, adaptability, and the right attitude.

Chairman, Board of Governors, IIM Jammu, Padma Shri Milind P Kamble, highlighted India's rise as not just about becoming a large economy, but about building strong industries, advancing AI literacy, and aligning education with national priorities. IIM Jammu Director Prof B S Sahay expressed immense pride in students representing the institute across prestigious organizations nationwide and noted its achievement of securing the 35th rank in the NIRF rankings.

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IIM Jammu Director Prof B S Sahay reflected on the institute's remarkable journey since its inception in 2016, highlighting its rapid emergence as one of the fastest-growing and most dynamic IIMs in the country. He noted that the convocation is not only a celebration of academic accomplishments but also the beginning of a transformative journey toward nurturing future entrepreneurs.