New Delhi, June 4 -- Despite global headwinds, the challenges India faces are similar to those of other countries, and as such India's long-term growth story remains intact, Citi chair and chief executive officer Jane Fraser said on Thursday.

"The long-term story in India is very much intact," Fraser said during a fireside chat at the Citi India 2026 Conference in Mumbai. "Stop selling yourself short on the short-term challenges, which everybody is facing, as opposed to the long-term potential and trend that the country inexorably is on."

India is one of Citibank's most important markets, given its global role, economic heft and the client base, and the second-largest region in terms of the number of employees, Fraser said. Most of the ...