ED starts probe into charges; Rajiv Kochhar says all allegations are false and baseless
The ED is investigating trails of kickbacks allegedly paid by corporates to get loans sanctioned. Another round of questioning is likely next week
ICICI Bank brass to be summoned for questioning in Videocon case
The Enforcement Directorate sleuths are probing the proceeds of crime which are suspected to have been used for creating assets
The concluding part of the series lists the lessons for the industry
The first of a two-part series explains why the ICICI Bank's board rushed to deny all allegations against Kochhar and then took extreme steps against her
After Indictment, the banker could appeal on multiple grounds
Says severe breach of disclosure norms in restructuring of debt
Besides, Kochhar will also have to forgo her unexercised stocks options
On March 28 last year, the board, led by M K Sharma, had said there was no favouritism or conflict of interest in granting loans to Videocon Industries or to any other company by the bank
Mr Jaitley is right to question CBI's adventurism
Currently, the market regulator is conducting adjudication proceedings against both the bank and Kochhar for potential conflict of interest in the business dealings of her husband
On May,'09, Chanda Kochhar took over as ICICI Bank MD and CEO
Committee expected to submit ICICI Bank-Videocon loan case probe report by third week of January
The bank is yet to file an application under its consent mechanism to settle the case
Sources said Kochhar has reiterated her stand to the regulator and had claimed that she adhered to all requisite disclosures
Under the code of conduct, Chanda Kochhar didn't need to disclose third parties' investments in husband's firm, says bank
The coming Tuesday had been set as a date for personal hearing, cross-questioning and recording of her statement
Chanda Kochhar's exit was long overdue
Kochhar got several awards as a leading banker and business leader in India and made it to several global lists including Time Magazine's 2015 list of 100 Most Influential People in the world