31 Captivating Chanda Kochhar Quotes

Chanda Kochhar is the managing Director and Chief Executive Officer of ICICI Bank. She is the first Indian woman to receive the prestigious Woodrow Wilson Award for Global Citizenship and has been recognized for being a key player in shaping retail banking in India. Here is a look at some of the most notable Chanda Kochhar quotes to be familiar with.

“Adaptability is a great asset to have because life is so unpredictable, and things can change overnight for any of us.”

“Aim for the sky, but move slowly, enjoying every step along the way. It is all those little steps that make the journey complete.”

“Don’t give up on something just because you think you can’t do it.”

“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.”

“Getting small things like Visa or driving licence should be made easier as we, in financial service sectors, are dealing with financial regulations and tax constraints.”

“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.”

“I believe in fate, but I also believe that hard work and diligence plays a very important role in our lives.”

“I chose to be a working wife and mother. Why should I compromise on either?”

“I have it all because my children did not whine and cry when I was not there.”

“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.”

“I take all the stress on myself so everyone else can work without stress.”

“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.”

“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.”

“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.”

“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.”

“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.”

“My priorities are going to be to play a very balanced role in the sense that I have to keep an eye on the challenges in the environment. At the same time, I have to keep an eye on the optimism that is there for India.”

“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.”

“Take destiny in your own hands.”

“Thankfully I have an ecosystem of in-laws, parents and husband, who are my rocks.”

“The growth that we are targeting for our bank is in line with the banking industry.”

“The increase in coal production and the efficiency in coal movement are all administrative things that can add a lot to the economic growth.”

“The restructuring theme can be of various kinds. Some amount of debt gets serviced out of cash flows, some gets back-ended and resolved with sale of non-core assets of the company, and some debt gets converted into equity which might today look like a haircut.”

“The whole thing of moving the currency through currency sorting and detection machines and so on that was the whole process actually encouraging electronic transactions.”

“We believe the new banks will complement the existing banking system, and there will be opportunities for players to identify mutually beneficial partnerships.”

“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 have to always set an aspiration for ourselves and then strive to get there.”

“We need to start work with the idea that we’re going to learn every day. I learn, even at my position, every single day.”

“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.”

“When we in our sector talk of the adoption of Indian consumers to new products and innovative ways of doing banking, they always exceed our expectations.”

“While working hard for my career, I looked after my family and have been there for my mother and in-laws when they needed me around. They reciprocated in kind with their unconditional love and support for my career.”

Here is a lecture by Chanda Kochhar as a part of a leadership series.