ICICI Says No to Growth

Karmali, Naazneen
May 2009
Forbes Asia;5/11/2009, Vol. 5 Issue 8, p28
The article presents an interview with Chanda Kochhar, chief executive officer (CEO) of ICICI Bank Ltd. Kochhar says that she plans to conserve capital and liquidity and increase the bank's current and savings accounts base. She says that the company may not grow for a year and expects the company to be in a better position at the end of the year. She says that the bank will not grow its international portfolio and will not consider bond issues and interbank borrowings as an option.


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