Kochhar, who oversees assets of USD 93 billion, more than 2,750 branches in India and the bank's presence in 19 countries, joined ICICI Bank in 1984 straight out of business school and has been known for building the bank's retail arm from just a scratch. She also became the youngest CEO at the age of 47 in 2009.
"... Despite surprises and upsets, what hasn't changed is the overwhelming influence women have on India Inc," Fortune India Editor Dibyendra Nath Mukerjea said.
In the list of 50 most powerful businesswoman released by Fortune, Mallika Srinivasan of TAFE stood at second place followed by Aruna Jayanthi of Capgemini India at third place.
Also there were six new entrants in the list of 50 most powerful woman in business-- Prabha Parameswaran, MD, Colgate-Palmolive India; Aisha De Sequeira, MD, Morgan Stanley India Investment Banking; Debjani Ghosh, MD, Sales & Marketing Group, Intel South Asia; Abanti Sankaranarayanan, Country Head, Diageo India; Anjali Bansal, Managing Partner, Spencer Stuart and Asha Gupta, MD, Tupperware India.
Besides, some other names which made their way into the top 10 included Shikha Sharma, MD & CEO, Axis Bank; Vinita Bali, Managing Director, Britannia Industries; Shobhana Bhartia, Chairperson, HT Media; Preetha Reddy, Managing Director, Apollo Hospital Enterprises; Zia Mody, Co-founder, AZB Partners; Chitra Ramkrishna, Joint Managing Director, NSE; and Roopa Kudva, Managing Director & CEO, CRISIL.
"Fortune India's Most Powerful Women in Business is the only currency that not just lists but ranks the most influential businesswomen in the country," Fortune India National Advertising Director Anita Mazumdar said.