Indian - Businesswoman | November 17, 1966 -
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.
Chanda Kochhar
AccountingInvestmentUnderstandNeed
Mark-to-market losses are not real loss. It's a notional loss. What we can monitor is the credit quality of the underlying papers. Are the companies paying interest on time? Is there any deterioration in the credit quality of these companies?
TimeQualityLossCreditRealAny
We are monitoring the global companies on a daily basis, and their rating continues to be investment grade. We will take immediate action if anything goes wrong.
DailyActionWrongInvestmentWill
If you look at the numbers from 2002 to 2016, we have consistently been market leaders. We have followed a well-articulated strategy, and our focus is to continue that strategy.
FocusStrategyYouLookNumbersOur
The consolidation that we started in 2009 was clearly the requirement of that time.
TimeClearlyStartedConsolidation
It's not that the regulator doesn't want the banking industry to grow. The growth of the industry has always been in relation to the GDP (gross domestic product) growth.
GrowthGrowWantProductAlwaysGDP
Our approach on lending has always been that we will lend to India-linked assets, because that's the risk that we understand, and that is the business that has been doing very well.
BusinessDoingUnderstandWillRisk
Our institutional framework needs to be bolstered further. We have to implement laws like the proposed Bankruptcy Code and GST (Goods and Services Tax), which will create efficiencies and strongly support the business environment.
BusinessSupportEnvironmentCreate
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.
ForwardProcessInvestmentExecution
We have to understand that India is a complex country. Everything takes time for the real impact to get translated to the economy.
TimeImpactCountryIndiaUnderstand
A demography that is digitising rapidly, and the potential to invest in infrastructure, are the key strengths of India.
KeyPotentialIndiaStrengthsInvest
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.
ExpectationsDoingNewTalkAlways
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