The elections have delivered a clear mandate for government and growth, which should be leveraged for decisive action that will rebuild confidence in the economy, ICICI Bank MD & CEO Chanda Kochhar said on Friday.
"The immediate priorities would be to resolve issues in existing projects, clear pending receivables to the corporate sector from government agencies, resolve the retrospective taxation issue and bring clarity around tax laws, begin the implementation of GST, and take steps to contain inflation,” she said.
“I am confident that the new government will take quick and effective steps in these areas, which will form the foundation for India getting back on to a high growth path,” she added.
