Does this smack of the regulator's lack of confidence in the bank's board?
Sandeep Bakhshi took over the reins of ICICI Bank at a rough time. He steered the bank out of troubled water in the past four years, winning back trust. He's Business Standard's 'Banker of the Year'
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Sandeep Bakhshi has restored ICICI Bank's brand equity, strengthened its balance sheet, and delivered profitable growth at a turbulent time in its history
The jury picks Sandeep Bakhshi for ICICI Bank's remarkable turnaround in the face of a difficult legacy
5-member jury chooses him for turning around the private sector lender
The shareholders at the annual general meeting held on August 9, 2019, had already approved the appointment of Bakhshi for a period effective from October 15, 2018, upto October 3, 2023
The bank has witnessed the highest ever disbursement in the mortgage portfolio in October
The bank also approved the appointment of Girish Chandra Chaturvedi as chairman while M D Mallya as an independent director of the bank
CEO Chanda Kochhar will be on leave till completion of the external enquiry against her in the Videocon loan matter