Quotes from 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.

All three of us - two sisters and a brother - were brought up with an emphasis on academics.

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.

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.

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.

Even if it does not become cashless economy, it will become a less cash economy, and I think that itself is going to be a good and big achievement, and I think we are, as a country, gone through many of large changes, and ICICI has been a leader in many of them.

Business models that are relevant today are not relevant tomorrow and were not in existence yesterday.

I was only a young girl of 13 when my father passed away from a sudden heart attack, leaving us unprepared to take on life without him. We had been protected from life's challenges so far. But without warning, all that changed overnight.

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.

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.

I believe that India's long-term growth story is strong, and foreign investors are keen to be a part of it.

What I was told by my parents was that, you know, take this inhibition out whether you're a girl or a boy. Basically, pursue your dream, and as long as you're a capable and hardworking human being, you will be able to follow and fulfill your dream.

Don't cut corners or compromise to achieve your dreams.

Practise and practise to make your dreams turn into reality.

To reap this demographic dividend, we need to enable the youth to acquire skills required to get the job or become self-employed.

What is important for a leader is that you walk in a stable manner in your own shoes and do not trip.

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.

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 important source of finance is now commercial papers, bonds, and so on.

Every business has to re-think their own business model and say does it meet this DSM test and do their products and services meet the test of being digital, social, and mobile? I think the banks are doing the same.

If you take existing ideas and make them affordable and scalable, you substantially change business models. India lacks an education system that is research- and creativity-oriented.

If you take existing ideas and make them affordable and scalable, you substantially change business models.

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.

ICICI Group has always been a catalyst in India's growth and continues to support the country in every sphere.