Chanda Kochhar Quotes
-
Successful strategic vision lay in the fact that we visualized the retail business to be much bigger, ahead of what others thought it to be.
-
Resolution can be in any form - S4A, SDR or restructuring - but we need an enabling environment where bankers feel comfortable to take decisions and where they also feel obliged to implement decisions in a timely manner.
-
As we were growing retail, and it was a huge growth phase, it was very important to keep our quality under control. Therefore, it was not just distribution, not just back-office operations, but also the risk-management practices. And these we learned together, supported by technology.
-
Life comprises of both: opportunities as well as challenges.
-
Over the years, we have gone beyond our businesses to take up philanthropic projects in diverse areas - from education to health care to skilling.
-
What we see is that we actually have digital channels through which the customers interact, but we also take the absolute brick channels, which is the branch, and convert that experience into a more digitised experience.
-
Aim for the sky, but move slowly, enjoying every step along the way. It is all those little steps that make the journey complete.
-
When I moved from corporate to consumer banking, I brought a lot of synergy with me.
-
The consolidation that we started in 2009 was clearly the requirement of that time.
-
I learnt to always keep my mind open to new ideas and looked at each new assignment as an opportunity to learn and prove myself.
-
Only if you aspire for more will you achieve more.
-
Clearly, for an organization to move on, it is the job of the leader to be that sponge that takes the stress from inside and the outside.
-
It's not that the regulator doesn't want the banking industry to grow. The growth of the industry has always been in relation to the GDP (gross domestic product) growth.
-
The issue of access to growth capital is common to all entrepreneurs. Any entrepreneur who can demonstrate a credible business model and plan would be able to access to capital.
-
Our parents treated all three of us - two sisters and a brother - equally. When it came to education, or our future plans, there was no discrimination between us based on our gender.
-
My father, in a way, was a mentor in the way he instilled the basic values and ethics in me. My mother was a mentor by showing me an example to say that if women have tenacity, they can achieve whatever they have to.
-
The important source of finance is now commercial papers, bonds, and so on.
-
We are monitoring the global companies on a daily basis, and their rating continues to be investment grade. We will take immediate action if anything goes wrong.
-
ICICI Group has always been a catalyst in India's growth and continues to support the country in every sphere.
-
When commercial banking opened up for the private sector, I set up the retail-banking division for ICICI and grew it substantially. I then ran the international side of the ICICI Bank for a few years.
-
As far as employees are concerned, clearly I like to communicate with them, since we are more than 40,000 people. I like to communicate either through e-mail or through video conferencing, which we do very often, and stream out videos and interviews. But more than that, I believe in traveling to my branches.
-
The Indian banking industry has always been full of competition, and there is enough room for growth.
-
You have to handle the challenges and emerge stronger from them, rather than allow them to bog you down.
-
The biggest challenge for me, for all of us, was that the consumer-credit market was very, very new for India and for ICICI. I was trying to create something that was not just new for me but absolutely unknown to the organization and the country as a whole.