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Financial Savings on the Rise in India, Says ICICI Bank CEO Chanda Kochhar

January 29, 2018

Financial Savings on the Rise in India, Says ICICI Bank CEO Chanda Kochhar

Chanda Kocchar, who is the chief of private sector ICICI Bank said that India is observing a huge inflow of financial savings which recently touched Rs. 28 lakh crores, an amount that can be compared to the actual GDP of some countries including Thailand.

Kocchar, who was present at the World Economic Forum recently, said that the financial savings in the country have increased greatly after the demonetization drive. She also said that digitization of payments in the country has been one of the biggest benefits of the initiative.

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