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Chanda Kocchar News
Chanda Kochhar case: Justice BN Srikrishna Committee indicts former CEO and MD of ICICI Bank
Wed, Jan 30, 2019
Following receipt of the enquiry report, the bank`s Board of Directors decided to treat her `separation` as a `termination for cause` under the bank`s policies that will include revocation of all her existing and future entitlements such as unpaid amounts, bonuses, increments, and stock options.
Chanda Kochhar case: Has CBI raided the wrong premises of Videocon group?
Fri, Jan 25, 2019
Going by the address of Videocon as given in the FIR, the actual CBI raid should have taken place in the 17th floor office on the B-Wing of the sprawling Mittal Court complex in the tony Nariman Point area.
Inspection of six cos linked to ICICI Bank controversy at 'advanced stage'
Fri, Dec 28, 2018
The Corporate Affairs Ministry's inspection of the books of six companies linked to the ICICI Bank controversy is at an "advanced stage", according to a senior official.
ICICI Bank Q2 Results Highlights: Check performance in controversy-marred quarter; all details here
Fri, Oct 26, 2018
ICICI Bank Q2 Results Highlights: The bank has been in the eye of a storm following the allegations of irregularities against its former CEO and MD Chanda Kochhar for extending loans to Videocon.
Chanda Kochhar, ICICI Bank row fallout: Here is what RBI has done to new CEO Sandeep Bakhshi stint
Wed, Oct 17, 2018
Taking a cautious stand, Reserve Bank of India (RBI) on Tuesday gave only a three-year term to Sandeep Bakhshi, chief executive officer and managing director, ICICI Bank.
Sandeep Bakshi as new ICICI Bank MD, CEO, gets RBI approval
Tue, Oct 16, 2018
"We wish to inform you that RBI vide its letter no DBR Appt. No. 3065 /08.88.001/2018-19 dated October 15, 2018 has approved the appointment of Sandeep Bakhshi as Managing Director and CEO of the Bank for a period of three years with effect from October 15, 2018," ICICI Bank said in a BSE filing.
Chanda Kochhar controversy roils ICICI Bank AGM
Thu, Sep 13, 2018
Chanda Kochhar has been away from office following an enquiry initiated under the retired Supreme Court judge BN Srikrishna late May, but continues to hold onto her position as the managing director & chief executive, was absent at the AGM.
Corporate Affairs Ministry summons Chanda Kochhar's husband Deepak Kochhar in ICICI Bank controversy
Mon, Sep 10, 2018
As the inspection progresses into six companies linked to ICICI Bank controversy, the Corporate Affairs Ministry will question Deepak Kochhar, husband of the bank's chief Chanda Kochhar, later this month, a senior official said.
Big setback for Chanda Kochhar; watchdog set to knock on ICICI Bank CEO's door
Sun, Sep 09, 2018
The bank and Kochhar have been maintaining there has been no regulatory violation on their part and that she was not aware of specific business dealings of her husband.
Chanda Kochhar gets majority votes to be reappointed on board of ICICI Securities
Fri, Aug 31, 2018
Shareholders of ICICI Securities have voted in favour of reappointing Chanda Kochhar as the company's Chairperson, as per a regulatory filing.
ICICI Bank looks to settle Chanda Kochhar controversy with Sebi; stock slips 2%
Fri, Jun 08, 2018
ICICI Bank share price dipped as much as 1.8 per cent to Rs 285.65 on the BSE. The board is looking to avoid prolonged adjudication proceedings and the bank is mulling options to file consent plea, the ET Now report added.
ICICI Bank launches 'Mera iMobile' app for rural customers; here's how it works
Mon, Mar 20, 2017
Chanda Kochhar, Managing Director & CEO of ICICI Bank said, “ With the new ‘Mera iMobile’, we will offer our rural and semi-urban customers a unique and unparalleled experience in their interactions with the bank. "
ICICI Bank shares slip ahead of Q3; analyst see 20% PAT drop
Tue, Jan 31, 2017
The bank's provisions and contingencies for the quarter (Q2FY17) had increased by 651.75% to Rs 7082.69 crore.
Automation to handle 20% transactions by March 2017: ICICI Bank
Thu, Sep 08, 2016
ICICI Bank on Thursday said it has started an automation drive to use machines and codes in many operations and is looking to increase the share of such transactions to 20 per cent of the entire non-digital processes by March 2017.
CEO salaries at top blue-chip companies soar; average nears Rs 20 crore
Sun, Aug 07, 2016
In a sharp jump, average CEO salary at top listed companies in the private sector is approaching Rs 20 crore -- double the level seen just two years ago at about Rs 10 crore.