“The restructuring theme can be of various kinds. Some amount of debt gets serviced out of cash flows, some gets back-ended and resolved with sale of non-core assets of the company, and some debt gets converted into equity which might today look like a haircut.”

Indian banker and former CEO of ICICI Bank, Chanda Kochhar is recognized for her leadership in transforming the institution into a major player in India’s financial sector. Her career spans decades of strategic growth, regulatory challenges, and mentorship in corporate India.