Chanda Kochhar Quotes

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Chanda Kochhar

Profession : Businesswoman

Birth : November 17, 1966

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

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.

Chanda Kochhar

I have always said that a bank's lending rates do not only depend on rate cuts - it is just one signal.

Chanda Kochhar

I was good with numbers.

Chanda Kochhar

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

You can maintain work-life balance even while pursuing careers.

Chanda Kochhar

Over the years, we have financed projects in core industrial sectors like steel, cement, aluminium and petrochemicals, and in manufacturing sectors like automobiles and textiles.

Chanda Kochhar

Whenever there is a challenge, the key is not to get consumed by the challenge but actually to learn from it.

Chanda Kochhar

I always believe that, as you start out, while you should have a big dream - a big goal - but it's also important to move step by step. So, you know, frankly, if you ask me, when I started as a management trainee in 1984, I don't know that I really thought that I would become the CEO.

Chanda Kochhar

A leader has to find opportunities in any environment.

Chanda Kochhar

What's important is that we see each year what the opportunities are, and make use of the opportunity.

Chanda Kochhar

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

India did not innovate with the ATMs. But when we brought ATMs into India and made the machines talk in 15 regional languages to the people in rural India, we got millions of transactions on the ATM.

Chanda Kochhar

Make sure you have that conviction to do what you know is right, and once you have it, don't let skeptics distract you from your path.

Chanda Kochhar

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

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

We have to understand that India is a complex country. Everything takes time for the real impact to get translated to the economy.

Chanda Kochhar

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

If there is a course that is quant-oriented, you need to focus on that, but if it is a course that is more general management-oriented, do you not need entrance examinations which are more all round?

Chanda Kochhar

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.

Chanda Kochhar