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  Business   Economy  04 Oct 2018  ICICI Bank shares surge 6 per cent as Chanda Kochhar quits

ICICI Bank shares surge 6 per cent as Chanda Kochhar quits

PTI
Published : Oct 4, 2018, 2:54 pm IST
Updated : Oct 4, 2018, 2:54 pm IST

Following the announcement, the stock soared 5.69 per cent to Rs 320.90 on BSE.

Shares of ICICI Bank surged nearly 6 per cent on Thursday after its Managing Director Chanda Kochhar resigned from the bank with immediate effect.
 Shares of ICICI Bank surged nearly 6 per cent on Thursday after its Managing Director Chanda Kochhar resigned from the bank with immediate effect.

New Delhi: Shares of ICICI Bank surged nearly 6 per cent on Thursday after its Managing Director Chanda Kochhar resigned from the bank with immediate effect.

Following the announcement, the stock soared 5.69 per cent to Rs 320.90 on BSE. On NSE, shares of the company jumped 5.77 per cent to Rs 321.25. The stock was the top gainer among the blue chips on both the key indices during the afternoon trade. The board of the bank has accepted the request of Kochhar to seek early retirement, according to a regulatory filing.

Tags: icici bank, chanda kochhar, regulatory filing, resignation
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