Zitat des Tages von Chanda Kochhar:
Nobody likes high interest rates.
We don't understand the equity market well, and so we deploy funds in fixed-income securities, and like any other securities, investment in those securities also need to follow the mark-to-market accounting principle.
We need to take the country in the right direction, whether it is around administrative policy decisions or legislative changes or ensuring the macroeconomic stability.
We have a vision of a strong and prosperous India and an equally strong belief that this vision is achievable.
Aim for the sky, but move slowly, enjoying every step along the way. It is all those little steps that make the journey complete.
The consolidation that we started in 2009 was clearly the requirement of that time.
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.
In India, we have the opportunity to give innovation the kind of scale that no other country in the world can. Innovation is a necessity.
You can maintain work-life balance even while pursuing careers.
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.
I use my interaction with both my kids to know how the youth today relates to technology, their expectations in terms of mobility and social solutions by customer services-oriented businesses like banking.
ICICI has been a meritocracy. So, a huge amount a lot of responsibilities, big roles, challenges, have been given to women, not because they are men or women or so on, but they were just given to people who have - who the organization believes has the capability to perform.
An entrepreneur, whether man or woman, has to be willing to take help, whether financial or technical, to grow his or her business.
What women need are not benefits and advantages but a merit-based selection process that will allow them to automatically benefit from various opportunities.
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.
I have always said that a bank's lending rates do not only depend on rate cuts - it is just one signal.
I think I have it all. But I won't say that the credit for all that goes to me. I think the credit for all that goes to everybody around me. I mean, I have it all because my entire family is so cooperative. I have it all because my children did not whine and cry when I was not there. So, I think it's, you know, in a way, a two-way street.
We actually probably do nothing very special for women. But what we do in a very special manner is to remain an absolute gender-neutral, merit-based organization.
We have to address impediments that stall implementation of projects and streamline the process to ensure smooth execution going forward. We need to address the leverage levels among corporates to restart investment cycle.
There were so many occasions when I wasn't around for my kids or my husband. But we learnt to work around it.
I believe in fate, but I also believe that hard work and diligence plays a very important role in our lives.
Normally, we define banks as being either retail or corporate, but ICICI transformed itself from a corporate bank into a retail bank and, now, a universal bank.
The Indian banking industry has always been full of competition, and there is enough room for growth.
Whenever there is a challenge, the key is not to get consumed by the challenge but actually to learn from it.
I believe Indian banks have a strong funding profile with largely deposit-funded balance sheets, a large physical presence to cater to the needs of customers, and ability to provide comprehensive solutions to customers.
The growth that we are targeting for our bank is in line with the banking industry.
We have always said that over the medium and long term, we will disinvest some part of our holding in our major subsidiary companies, and life insurance is our largest subsidiary company.
As far as investors and customers are concerned, I make it a point to answer each and every piece of mail that comes to me.
A leader has to find opportunities in any environment.
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.
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.
Practise and practise to make your dreams turn into reality.
Moving from corporate banking to retail banking to international banking to supervisory roles has meant completely reinventing myself.
I think we have to pick up some sectors where we can make India the global hub in the entire value chain, and the most important sector to pick up should be electronics.
Only if you aspire for more will you achieve more.
I have it all because my children did not whine and cry when I was not there.