Achievement Quote by Chanda Kochhar
“Even if it does not become cashless economy, it will become a less cash economy, and I think that itself is going to be a good and big achievement, and I think we are, as a country, gone through many of large changes, and ICICI has been a leader in many of them.”
About This Quote
Source Speech: Financial Industry Conference, 2018
Predicts a shift toward reduced cash usage, viewing it as a major national achievement and highlighting ICICI's leadership in past transformations.
In simple terms: Cash will decline, marking progress; ICICI leads change.
Embrace digital payments and support innovation.
Themes
Mood
Type
When to use this quote
- banking strategy
- policy planning
- consumer adoption
Key Concepts
Questions to Reflect On
- How will reduced cash affect vulnerable populations?
- What role should banks play in this transition?
Digital divide may widen without access.