ICICI's Chanda Kochhar, ranked highest among Indian women, has been ranked second across the region
Kochhar, ranked highest among Indian women, has been ranked second across the region, while three others -- SBI's Arundhati Bhattacharya (4th), HPCL's Nishi Vasudeva (5th) and Axis Bank's Shikha Sharma (10th) -- have also made it to the top-10.
The list is topped by Australian banking major Westpac's chief Gail Kelly.
Releasing the latest rankings, the Fortune magazine said that women around the world are continuing to win the top jobs, so much so that more than a third of the women on this Asia-Pacific list are making their debut in the coveted list, including two from India.
The two Indian new entrants are Bhattacharya and Vasudeva.
"More and more businesswomen are taking tougher jobs and helming bigger firms. More than a third of the women on our Asia-Pacific list are making their MPW (most powerful women) debut," Fortune said.
On the other hand, Vasudeva, 58, became the first woman to head an Indian oil company and is "and one of only four women to helm a Global Fortune 500 firm in the Asia-Pacific region".
NSE's Ramakrishna is the only woman on the list heading a stock exchange.
Meanwhile, PepsiCo's India-born CEO Indra Nooyi has been ranked third among world's most powerful business woman by Fortune in its worldwide list.