Chanda Kochhar Quotes

The Indian banking industry has always been full of competition, and there is enough room for growth.

In 2009 we increased the cash in Quinn Direct as we had in 2008. We increased the cash in it in 2010. The outstanding claims were €20m in March 2010 but Quinn Direct had more business in the U.K. than in Ireland.

Bank of America is the story of some of the most ambitious, aggressive bank builders on the face of the planet.

People in retail banks are not smart. They have a business model that's quite difficult to not make money out of - but still they somehow manage it.

Year after year the Banker's slice of the world's asset baskets has been growing and growing. The Banker has become almighty.

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.

We've been in the business of regional banking, and we understand what it is to make loans, and that's the engine of growth to small and medium sized business.

By any measure, CapitalSource outperformed both our direct competitors and the financial services industry in general, particularly in the context of the near collapse of the financial services industry where 19 of the 20 largest financial institutions in the country either failed or were bailed out by the government.

As an investment banker, I'm in the cross-flow of information and the changes that are taking place in capital markets.

I always try to communicate to our people that we can never make enough money. We can never make enough profit.

If Wal-Mart invests a billion dollars and others invest $100 million, Wal-Mart is going to grow more.

Business is the salt of life.

European and American banks are conservative in the sense that they don't come at their full strength to markets where we are; that leaves us an opportunity to be successful.

If credit unions can grow and prosper with a 15 percent cap, so can banks.

If you are in banking and lending, surprise outcomes are likely to be negative for you.

Though the principles of the banking trade may appear somewhat abstruse, the practice is capable of being reduced to strict rules. To depart upon any occasion from these rules, in consequence of some flattering speculation of extraordinary gain, is almost always extremely dangerous, and frequently fatal to the banking company which attempts it.

Banking should be boring..

I think India's growth itself will give opportunities for Indian banks to become substantially bigger.

From the very beginning, our goal has been to establish a normal company in the Western sense.

My belief is India's banking industry will continue to grow at two and a half times the GDP growth rate.

The banking industry has traditionally been characterized by physical branches, privileged access to financial data, and distinct expertise in analyzing such data.

Over time, low rates can put pressure on the business models of financial institutions.

The Greek economy is improving, which should benefit the banking sector.

Chasing profits and building a long-term profit model are two different things.

One of the things that the public sector banks need to do is to raise private capital from the market and not rely on government largesse.