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ICICI Bank loan fraud case: Former CEO Chanda Kochhar, husband Deepak Kochhar under CBI scanner

ICICI Bank loan fraud case: Former CEO Chanda Kochhar, husband Deepak Kochhar under CBI scanner

Wed, Jun 28, 2023

Chanda Kochhar, the former chief executive officer (CEO) of ICICI Bank, has come under the CBI scanner along with her husband, Deepak Kochhar, in the ICICI Bank loan fraud case, according to news reports.

ICICI Bank loan fraud case: CBI to confront Kochhars and Venugopal Dhoot with documentary evidence

ICICI Bank loan fraud case: CBI to confront Kochhars and Venugopal Dhoot with documentary evidence

Wed, Dec 28, 2022

The CBI will now confront them with documentary evidence. They have already recorded their statements. The trio will again be confronted together in the matter.

ICICI Loan Fraud Case Explained: Journey of Chanda Kochhar from being the first woman CEO of an Indian bank to going behind bars

ICICI Loan Fraud Case Explained: Journey of Chanda Kochhar from being the first woman CEO of an Indian bank to going behind bars

Tue, Dec 27, 2022

Chanda Kochhar Case: Kochhar, 59, quit the position of CEO and MD of ICICI Bank in October 2018 after the allegations. During her retirement, Kochhar had 6,90,000 shares of the bank through ESOPs.

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Chanda Kochhar case: Justice BN Srikrishna Committee indicts former CEO and MD of ICICI Bank

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?

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'

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

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

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

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

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

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

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

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%

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

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

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

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

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.

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