Chanda Kochhar Quotes

It may be said, let him take Money at Interest, and not buy at Time. But then Men must be found, that will lend; the Legislative must provide a Fund to borrow upon.

There is nothing left now for us but to get ever deeper and deeper into debt to the banking system in order to provide the increasing amounts of money the nation requires for its expansion and growth.

Non-bank financial institutions provide credit that is essential to U.S. businesses and consumers.

People paid their 3 percent a month interest without considering it excessive.

Banks can’t put their money in the bank. They have to lend it out.

The government must do all it can to help reduce interest rates for business.

Commercial banks are very good for certain businesses, like loans and guarding other people's money. They're not great investors or entrepreneurs.

In precisely the same way money is often hired, and the hire paid for the use of it is called Interest.

Well obviously the economy is critical to everything we do and we need to get the economy back in shape, the deficit down, the debt paid off, so that the economy can grow again and grow properly.

If you would know the value of money, go and try to borrow some.

Financial service providers act as the lubricating oil in the economy. They link consumers who want to invest their savings for a good return with companies who want to borrow on best terms for expansion.

Neither a borrower nor a lender be.

It's not long-term debt if the money is immediately paid back.

He smote the rock of the national resources, and abundant streams of revenue gushed forth. He touched the dead corpse of Public Credit, and it sprung upon its feet.

Moneys imployed at Interest in this Nation, are not near the Tenth part, disposed to Trading People, wherewith to manage their Trades; but are for the most part lent for the supplying of Luxury, and to support the Expence of Persons, who though great Owners of Lands, yet spend faster than their Lands bring in; and being loath to sell, choose rather to mortgage their Estates.

I think that this is the most significant financial crisis in the post-War period for the United States, and it has in fact a global reach.... I think it is extraordinarily important to understand that, as we have seen in many previous examples of different countries and different times, choking up of credit is like taking the lifeblood away from the economy.

The Bank of England should lend in times of internal panic as freely and readily as plain principles of banking require.

Loan guarantees, I soon learned, were as American as apple pie. Among those who had received them were electric companies, farmers, railroads, chemical companies, ship builders, small businessmen of every description, college students and airlines In fact, a total of $409 billion in loans and loan guarantees were outstanding at the time.

If you want to know the value of money, try and borrow some.

Our wise men flattered us into the adoption of the banking system under the idea that boundless wealth would result from the adoption.

Yes, some banks will only float good companies. But others could not give two hoots if you have a business, a business plan or any business experience.

Never lend people money you can't afford to give them as a gift.

The way to reduce the debt is by economic growth.

Economic growth must be the central issue because it is only through growth that the devastating threat of national bankruptcy can be averted. Furthermore, it is only by reviving American economic growth that the West's global predominance can be sustained, and peace and freedom kept secure around the world.

It is important to recognise near- and medium-term risks to the inflation outlook.