Chanda Kochhar As the head of the country’s largest private lender, Chanda Kochhar must fight the scourge of India’s current banking system: bad loans. Although the bank reported a double-digit increase in consolidated assets to $135 billion in 2015, net income did not rise significantly, due to a large provision for bad debt. In January, it launched home loan service Express that offers online delivery and 8-hour support. Mobile banking, among Kochhar’s pet projects, accounts for one-fifth of the customer’s business. sales, totaled approximately $12 billion for the year ending March 2016. To retain female workers, she launched iWork@home, which allows workers to work from home for a year. In addition, executives can take children under 3 years of age on a business trip, with an accompanying person, paying the bank fee…
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