M. S. Sundara Rajan, former chairman and managing director, Indian Bank, was the chief guest at graduation day of CARE Group of Institutions here on Saturday. He said that though there is an economic slowdown India has proved an emerging economy. The financial inclusion trend from the Reserve Bank of India and the present decade witnessing superannuation in banking sector have given rise to six lakh vacancies in banking sector from now till 2020, Mr. Sundara Rajan added. He handed over degree certificates to graduates of School of Business Management and School of Computer Applications.