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1. ICICI Bank's Chanda Kochhar quotes: "I believe finally the values have to come out of or based on the underlying economic flows within these business models. That is where finally the valuations should adjust," Chanda Kochhar. (Express photo)
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2. ICICI Bank's Chanda Kochhar quotes: "I am sure currently it is more of the beginning… it is more euphoria, but gradually the valuations would move towards the underlying economic flows in every business," Chanda Kochhar. (Express photo)
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3. “Only comforting factor is that investors pouring in money into such startups are 'mature' and people who take informed decisions after a detailed analysis," Chanda Kochhar. (Express photo)
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4. ICICI Bank's Chanda Kochhar quotes: “It is very heartening to see innovations flourishing in India and it is representative of the talent, prowess in use of technology and the marketplace that exists for such innovations to succeed," Chanda Kochhar. (Express photo)
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ICICI Bank MD and CEO Chanda Kochhar's comments come in the wake of Indian startups, especially those in the e-commerce space, saw a huge spurt in their valuations, which is only rising with every round of funding. Critics fear the companies are burning up the cash on things like discounting and worry about their very existence. (Express photo)
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