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Videocon case: Fresh LOCs issued against ICICI's Chanda Kochhar, her husband,Venugopal Dhoot

The ED had earlier began a probe after registering a criminal case against the trio for alleged irregularities and corrupt practices in sanctioning a Rs 1,875-crore loan by the bank.

published on : 22nd February 2019

Jailed Subiksha MD’s plea to set aside Debt Recovery Tribunal’s order dismissed

ICICI Bank had produced a computer-generated accounts statement in support of its claim. But the Debt Recovery Tribunal rejected the statement on the ground that it lacked necessary certificate.

published on : 7th February 2019

MG Motor India ties up with Axis, HDFC and three other private banks for vehicle finance

The company said it has signed agreements with Axis Bank, HDFC Bank, ICICI Bank, Kotak Mahindra Bank and Yes Bank.

published on : 6th February 2019

In crackdown against Zee, SEBI summons MF CEOs and rating agency chief for quizzing

The CEOs of mutual fund houses Birla MF, ICICI MF, HDFC MF, Reliance MF have been summoned by a Sebi member.

published on : 4th February 2019

ICICI-Videocon, PNB fraud among top five cases under CBI lens

Other cases under special scrutiny include multi-crore PNB fraud case, AgustaWestland chopper deal, business tycoon Vijay Mallya loan fraud, and INX Media case.

published on : 4th February 2019

 ICICI board TOO liable for violation of norms

Chanda Kochhar, former MD and CEO of ICICI Bank, is going down in the history of Indian banking in devastating style.

published on : 1st February 2019

ICICI must answer for CEO Chanda Kochhar scandal

Clawing back Kochhar’s bonuses and stock options can’t absolve the directors, whose about-face has come far too late.

published on : 31st January 2019

ICICI Bank case: BN Krishna committee report vindicates CBI stand, say officials

The agency officials were of the view that findings of its preliminary enquiry indicated that Kochhar had colluded with VN Dhoot of Videocon Group in clearing the loans.

published on : 31st January 2019

Higher provisions, poor show by arms pull down ICICI group net income a tad to Rs 1,874 crore

On a standalone basis, net income slipped to Rs 1,604 crore from Rs 1,650 crore a year ago. The major reason for a thinner bottomline is higher provisions along with a poor show by most of its subsidi

published on : 30th January 2019

Srikrishna panel indicts Kochhar; ICICI Bank to stop unpaid retirement benefits, recover bonuses

The enquiry report submitted by Justice (Retd) B N Srikrishna Wednesday concluded that there was lack of diligence with respect to annual disclosures and violation of code of conduct, on her part.

published on : 30th January 2019
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