MOSTPOWERFUL WOMEN

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Prev Rank: 42

Vishakha Mulye, 49

Executive director, ICICI Bank

Previous Rank : 42

When Mulye returned from ICICI Venture Funds Management Company to the bank in 2016, she took up the challenge of turning around the biggest corporate banking division in the country among private banks. Her decision to focus on resolving stressed accounts and make incremental disbursements to higher-rated clients helped improve the portfolio and earnings quality of the wholesale banking business. Her efforts paid off. The share of higher-rated clients grew from 52% in March 2016 to 63% in June 30, 2018, while non-credit income rose 30%

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