A Quote by Chanda Kochhar

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

Chanda Kochhar

Quote Topics

Banking Belief Continue Gdp Grow Growth Half Half Time India Industry Rate Times Two Will

Quote Author

Chanda Kochhar
Indian - Businesswoman
Born: November 17, 1966

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.

Chanda Kochhar

Coming to the growth potential in financial services, there is enough data to show that, usually, financial services grow about twice or two and a half times of what the economy, the GDP growth rates.

Ajay Piramal

It is this obsession with GDP and FDI growth and a facile belief that this growth in the GDP would trickle down to the poor as well, that has led to the neglect of the genuine concerns of the poor in the country.

Prashant Bhushan

The growth of the American food industry will always bump up against this troublesome biological fact: Try as we might, each of us can only eat about fifteen hundred pounds of food a year. Unlike many other products - CDs, say, or shoes - there's a natural limit to how much food we each can consume without exploding. What this means for the food industry is that its natural rate of growth is somewhere around 1 percent per year - 1 percent being the annual growth rate of American population. The problem is that [the industry] won't tolerate such an anemic rate of growth.

Michael Pollan

If you are moving the informal economy into the formal economy, and if the transactions which for years were never reported as part of GDP are now transacted through banking channels, it will only add to the GDP, not reduce the GDP.

Piyush Goyal

If there is one number to which the rights of millions will be happily sacrificed, it is the national GDP growth rate.

William Easterly

Today's market action is driven by the slower GDP growth rate. Despite oil being higher, I think the GDP kind of overruled everything and just makes the market feel better about what the Fed is going to do, or rather not do.

L'Wren Scott

In India, the investment banking industry is a little different. Overseas, the structures are very complicated, but not in India.

Arundhati Bhattacharya

For any economy, there are two basic factors determining how many jobs are available at any given time. The first is the overall level of activity - with GDP as a rough, if inadequate measure of overall activity - and the second is what share of GDP goes to hiring people into jobs. In terms of our current situation, after the Great Recession hit in full in 2008, US GDP has grown at an anemic average rate of 1.3 percent per year, as opposed to the historic average rate from 1950 until 2007 of 3.3 percent.

Robert Pollin

India for sure is a mobile-first country. But I don't think it will be a mobile-only country for all time. An emerging market will have more computing in their lives, not less computing, as there is more GDP and there is more need. As they grow, they will also want computers that grow from their phone.

Satya Nadella

Innovation has stalled in the banking industry. While the rest of the world is in the digital age, banking remains stagnant. We are here to change this and bring banking to the 21st century. We will ensure our customers feel involved in the progress of this bank and are offering them a truly enjoyable banking experience – different from anything they have experienced before.

Jay Sidhu

I think that our fundamental belief is that for us growth is a way of life and we have to grow at all times.

Mukesh Ambani

India's growth rate will be accelerated, but in the process, America would also benefit.

Manmohan Singh

India's infrastructure has to be modernized, has to be expanded at a rate which will I think be consistent with the growth requirements.

Manmohan Singh

The Donald Trump trade doctrine is this. America will trade with any country, so long as that deal meets these three criterion: You increase the GDP growth rate, you decrease the trade deficit, and you strengthen the manufacturing base.