Chanda Kochhar News
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Indian companies may defer plans to acquire rivals and add capacity by about three years as they focus on reducing record debt, according to Rahul Shukla, Citigroup Inc.’s local head of corporate banking.
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ICICI Bank Ltd. Chief Executive Officer Chanda Kochhar says it doesn’t seem so long ago that she was worrying that she wouldn’t be able to handle her job at what’s now India’s largest nongovernment lender while managing her household and caring for her infant son.
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European rules on quotas for women on company boards are necessary because businesses aren’t doing enough themselves, according to European Union Justice Commissioner Viviane Reding.
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ICICI Bank Ltd. , India’s second- largest lender, and its local rivals may grow to 2.5 times their size in five years as economic growth accelerates, Chief Executive Officer Chanda Kochhar said.
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ICICI Bank Ltd., India’s second- largest lender by assets, posted a record profit for the third quarter, beating analysts’ estimates, as its bad-debt ratio narrowed and lending margins widened.
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ICICI Bank Ltd. , India’s second- biggest lender, said first-quarter profit rose 17 percent, as it cut provisions and increased fee income.
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ICICI Bank Ltd. , India’s second- largest lender, said fourth-quarter profit jumped 44 percent to a record as lending to domestic companies climbed and the bank set aside less money to cover bad debts.
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ICICI Bank Ltd., India’s second- largest lender, said first-quarter profit rose 30 percent after credit expanded at the fastest pace in almost four years and bad loans declined.
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ICICI Bank Ltd., India’s second- largest lender by assets, posted first-quarter earnings that beat analysts’ estimates as lending operations became more profitable and bad loans shrank.
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ICICI Bank Ltd., India’s second- largest lender, said fourth-quarter profit rose 35 percent as it reduced unsecured loans and increased domestic, low-risk lending.
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