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The real underlying value comes if you can put a company back into a running state and it becomes a successful viable entity if it continues to repay loans.
Chanda Kochhar
You
Value
State
Back
Running
Entity
Put
Underlying
Becomes
Real
Repay
Viable
Successful
Company
Loans
Remember to be sensitive to the feelings of people around you.
Chanda Kochhar
You
People
Remember
Feelings
Around
Sensitive
Aggression at a time when the economy was growing at substantial rates and the retail lending as an industry was growing at a substantial rate was an appropriate aggression. Caution at a time when the economic environment is so uncertain is an appropriate caution.
Chanda Kochhar
Time
Appropriate
Rate
Rates
Uncertain
Economic
Retail
Environment
Economy
Industry
Caution
Substantial
Lending
Aggression
Growing
As far as the banking industry is concerned - and I am sure it must be true for various industries as well - is that the only thing that is constant is change. Your business models are changing, the customer demands are changing and the regulations are changing constantly.
Chanda Kochhar
Business
Change
Be True
Changing
Must
Constant
Constantly
Only
Various
True
Demands
Well
Concerned
Industries
Industry
Sure
Am
Models
Banking
As Far As
The Only Thing
Customer
Far
Your
Regulations
Thing
It's very important to have the comfort of the regulator in every geography where you operate.
Chanda Kochhar
You
Important
Every
Operate
Comfort
Geography
Very
Where
Regulator
We have to always set an aspiration for ourselves and then strive to get there.
Chanda Kochhar
Strive
Ourselves
Always
Get
Then
Aspiration
Set
If you take existing ideas and make them affordable and scalable, you substantially change business models.
Chanda Kochhar
You
Business
Change
Take
Ideas
Make
Existing
Affordable
Models
Substantially
Them
India's growth drivers are actually two growth drivers. One is consumption, which arises out of our demographic advantage. And the other is the investments. Because we need a lot of investment in the country.
Chanda Kochhar
Country
Other
Our
Out
India
Drivers
Arises
Investment
Consumption
Investments
Advantage
Because
Demographic
Lot
Which
Actually
Growth
Two
Need
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.
Chanda Kochhar
Organization
Stress
Job
Leader
Move On
Inside
Outside
Takes
Clearly
Sponge
Move
What my parents believed was that, you know, the best wealth they could give to us children was to educate us and, you know - give us that foundation.
Chanda Kochhar
Best
You
Wealth
Parents
Give
Could
Know
Educate
Children
Us
Believed
Foundation
I chose to be a working wife and mother. Why should I compromise on either?
Chanda Kochhar
Mother
Wife
Compromise
Either
Should
Working
Chose
Why
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.
Chanda Kochhar
Me
Organization
Challenge
Country
Unknown
Market
India
Something
Absolutely
New
Very
Trying
Just
Biggest
Biggest Challenge
Us
Create
Whole
I had to create a team of people who had worked in this industry for other banks. What I brought to that team was ICICI's strategic thinking, but when it came to domain knowledge or product nuances, I had to learn from the team.
Chanda Kochhar
Knowledge
People
Thinking
Other
Brought
Had
Industry
Learn
Came
Domain
Banks
Worked
Create
Product
Team
Who
Strategic
Nuances
I have it all because my children did not whine and cry when I was not there.
Chanda Kochhar
Cry
Because
Did
Children
Whine
It's not easy to have it all. Frankly, you know, you have to give as much to the career that the career requires and, at the same time, you have to give as much to the family as the attention that's required. But it can be done, yes.
Chanda Kochhar
Time
Family
You
Frankly
Easy
Give
Attention
Know
Yes
Same
Done
Same Time
Much
Required
Requires
Career
Over the years, we have gone beyond our businesses to take up philanthropic projects in diverse areas - from education to health care to skilling.
Chanda Kochhar
Education
Health
Care
Gone
Our
Projects
Diverse
Area
Take
Over
Beyond
Health Care
Years
Up
Businesses
Philanthropic
Our large size, capital base, robust funding profile, extensive distribution network, diversified portfolio, presence across the financial services sector, and leadership in technology position us very well to leverage the growth opportunities across the economy.
Chanda Kochhar
Leadership
Technology
Financial
Opportunities
Our
Sector
Financial Services
Distribution
Diversified
Network
Economy
Well
Robust
Very
Size
Capital
Us
Across
Large
Base
Portfolio
Profile
Growth
Presence
Services
Extensive
Funding
Leverage
Position
Life comprises of both: opportunities as well as challenges.
Chanda Kochhar
Life
Challenges
Opportunities
Both
Well
It is important always to make full use of opportunities that come your way, and at the same time, it is important to not just cope with the challenges but try and convert each challenge into an opportunity.
Chanda Kochhar
Time
Challenges
Opportunities
Opportunity
Try
Challenge
Important
Way
Come
Make
Always
Same
Just
Same Time
Convert
Use
Your
Full
Each
Cope
Whenever there is a challenge, the key is not to get consumed by the challenge but actually to learn from it.
Chanda Kochhar
Key
Challenge
Consumed
Learn
Get
Whenever
Actually
The important source of finance is now commercial papers, bonds, and so on.
Chanda Kochhar
Finance
Important
Papers
Source
Commercial
Now
Bonds
No one thing can change the face of any sector.
Chanda Kochhar
Change
Face
Sector
One Thing
No-One
Any
Thing
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.
Chanda Kochhar
Restructuring
Obliged
Take
Environment
Implement
Feel
Also
Comfortable
Enabling
Timely
Any
Bankers
Where
Form
Decisions
Manner
Need
Resolution
Let me talk about what the banks are doing, and I think the banks have been working to make sure that, as much as possible, we move the currency to the smaller areas and to as many set of customers as possible.
Chanda Kochhar
Me
Think
Possible
About
Area
Smaller
Talk
Make
Sure
Doing
Been
Currency
Move
Banks
Customers
Much
Working
Many
Set
If we look at India and the Indian demographics and the Indian consumer, I think the Indian consumer is going digital, social, and mobile. They want everything in a digital format, everything available on the go, and we socially connected.
Chanda Kochhar
Digital
Think
Everything
India
Indian
Consumer
Look
Demographics
Go
Mobile
Going
Want
Format
Available
Social
Connected
Socially
One thing I would say about the Indian consumer is that as much change and as much technology, innovation that you offer to the Indian consumer, the Indian consumer is very receptive and actually keep expecting more, and we have had that great experience.
Chanda Kochhar
Great
You
Technology
Change
Experience
Innovation
Say
Great Experience
Would
One Thing
Indian
About
More
Consumer
Had
Very
Offer
Expecting
Much
Keep
Actually
Thing
Receptive
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