Tag: Videocon

CBI registers case against former MD & CEO OF ICICI Bank Chanda Kochhar & others

Newsroom24x7 Network New Delhi: The Central Bureau of Investigation has registered a case against the then MD & CEO of ICICI Bank; two Managing Directors of separate private companies based at Mumbai (Deepak Kochhar, Husband of Chanda Kochaar and Videocon group boss Venugopal Dhoot ; four Mumbai based private companies and other unknown private persons

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Allegations against ICICI Bank pose reputational risks

ewsroom24x7 Network Mumbai/Singapore: An investigation into allegations that India’s ICICI Bank (BBB-/Stable/bbb-) extended a loan with a potential conflict of interest raises questions over the bank’s governance and creates reputational risks, says Fitch Ratings. According to Fitch, other regulatory sanctions are also possible, depending on the outcome of the investigation. The allegation regarding ICICI Bank

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