Facing inquiry over the charges of nepotism and conflict of interest, ICICI Bank's former MD and CEO Chanda Kochhar had quit the bank on October 4, six months before her current tenure was to end.
October 16, 2018Sandeep Bakhshi's appointment will be for a period of five years until October 3, 2023, subject to various approvals.
October 4, 2018Currently, former Supreme Court judge B.N. Srikrishna (Retd) is heading an independent enquiry into the allegations.
September 18, 2018The CBI on Sunday questioned Rajiv Kochhar, brother-in-law of ICICI Bank MD and CEO Chanda Kochhar, and two directors of NuPower Renewables Pvt Ltd in connection with a case relating to Rs 3,250 crore loan to the Videocon Group in 2012. Umanath Vainkut Nayak and Mahesh Chandra Pugalia, a close aide of Videocon Group chief …
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April 8, 2018The questioning of Rajiv Kochhar, ICICI Bank MD and CEO Chanda Kochhar’s brother-in-law, by the CBI, started on the third consecutive day on Saturday in connection with the bank’s Rs 3,250 crore loan to Videocon Group in 2012, officials here said. Kochhar, the founder of Singapore-based Avista Advisory, appeared at the agency’s office in the …
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April 7, 2018The CBI on Friday questioned ICICI Bank CEO and MD Chanda Kochhar’s brother-in-law Rajiv Kochhar for a second consecutive day in connection with a case of Rs 3,250 crore loan to the Videocon Group in 2012. Rajiv Kochhar is being questioned at the Central Bureau of Investigation’s (CBI) Bandra-based office since morning. Informed sources said …
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April 6, 2018The CBI on Thursday said it is questioning ICICI CEO and MD Chanda Kochhar’s brother-in-law Rajeev Kochhar in case of Rs 3,250 crore loan to the Videocon Group in 2012. “We have called Rajeev Kochhar for questioning to seek certain clarifications in the case,” a Central Bureau of Investigation (CBI) official told IANS. The agency …
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April 5, 2018The second biggest private lender by assets ICICI Bank’s stock crashed nearly 7 per cent to an intra-day low of Rs 260 (lowest since 21 October 2017) on Bombay Stock Exchange and Rs 258.80 on National Stock Exchange under strong selling pressure triggered by the report that Central Bureau of Investigation is likely to “examine”– …
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April 3, 2018Under the CBI lens for alleged quid pro quo in receiving a loan from ICICI Bank, Videocon Group Chairman Venugopal Dhoot has said he knew all the 12 members of the panel that had cleared the loan amount and asserted that personal ties between two people do not always result in criminal acts. Reports have …
April 1, 2018Dhoot termed reports of loaning Rs 64 crore to Nupower Renewables through one of his companies, or subsequent transactions which resulted in Deepak Kochhar gaining full ownership of the company, as baseless.
April 1, 2018Coming to the defence of its CEO Chanda Kochhar, ICICI Bank Chairman M K Sharma on Thursday said the board has full confidence in her and ruled out any quid pro quo as alleged with regard to certain loan given to Videocon group. This is the second time in two days that the bank has …
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March 30, 2018The Serious Fraud Investigation Office (SFIO) in Mumbai has summoned ICICI Bank’s Chief Executive Officer Chanda Kochhar and Axis Bank’s Shikha Sharma in connection with the recent bank fraud case involving jeweller Nirav Modi and his uncle Mehul Choksi. Kochhar and Sharma will appear before the (SFIO) in Mumbai on Tuesday afternoon, sources in the …
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March 6, 2018Prime Minister Narendra Modi had on November 8 demonetised Rs.500 and Rs.1,000 notes in his war against black money, terror financing and counterfeit notes.
November 17, 2016State Bank of India’s chairperson Arundhati Bhattacharya, ICICI Bank’s chief Chanda Kochhar and Axis Bank CEO Shikha Sharma ranked in the top twenty of the ’50 Most Powerful Women International’ list released by Fortune. The list, which considered women based outside the US, placed Bhatacharya at the second spot while Kochhar was ranked at fifth. …
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September 13, 2016Choreographer-director Remo D’Souza, who is currently busy promoting his film A Flying Jatt, says he wanted an innocent looking guy for this film and that is why he roped in Tiger Shroff. "I always wanted Tiger for this film. I spoke to him before ‘Heropanti’ (Tiger’s debut film) and I told him that I have …
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August 21, 2016