ICICI board meet underway on Srikrishna panel, Chanda Kochhar fate
Media reports today said Sandeep Bakshi, who heads the bank's life insurance arm, may be appointed the interim chief executive and sector regulator Irdai has also been told "informally" about the move. Chanda Kochhar is on her "annual leave" right now, the bank had said earlier.
Chanda Kochhar comes to work on a "need basis" during her annual leave and was also present at the board meeting last week when the bank decided to dilute 2 per cent more in ICICI Prudential Life. Image source: Reuters