1. Open the “Registry Editor” by typing regedit from the Command Prompt. (Or press the Windows key + R to open the Run windows, then type “regedit” and Enter to start the editor.)
2. Search for and then Delete the following entry: Computer\HKEY_LOCAL_MACHINE\SOFTWARE\Policies\Google\Chrome\PasswordManagerEnabled
3. Restart chrome
4. Optionally you can also delete the related keys:
Computer\HKEY_LOCAL_MACHINE\SOFTWARE\Policies\Google\ChromeOS\PasswordManagerEnabled
Computer\HKEY_LOCAL_MACHINE\SOFTWARE\Policies\Google\Chromium\PasswordManagerEnabled