The current framework provides the board, shareholders and the regulator, multiple routes to pass the buck and excuse oneself from the crisis.
15 Apr 2018 5:56 AM
The ministry's clarification comes after a leading daily questioned Kumar's appointment.
13 Apr 2018 5:23 PM
The CBI has registered a Preliminary Enquiry (PE) against Mr Dhoot and Chanda Kochhar's husband Deepak Kocchar and unidentified others, they said.
13 Apr 2018 6:54 AM
In February, PNB detected fraudulent transactions at one of its branches in Mumbai.
12 Apr 2018 4:18 AM
The ICICI board of directors have sworn their faith in Ms Kochhar. She has turned ICICI into the largest private bank in India in a short time.
11 Apr 2018 12:45 AM
Ratings agency said allegations against ICICI Bank are coming against a backdrop of high NPAs in banking sector.
10 Apr 2018 10:28 AM
The Bombay high court has posted the petition for hearing on April 24.
10 Apr 2018 1:48 AM
Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank.
09 Apr 2018 5:27 PM
India's second largest private sector bank are opposing Chanda Kochhar's term extension.
09 Apr 2018 12:16 PM
It alleged that “Chanda claiming plausible deniability as to the loan been approved by credit committee of ICICI simply flies in the face of facts”.
09 Apr 2018 12:40 AM
She may be accused of malpractice, corruption and nepotism, but the MD and CEO of ICICI Bank will be able to redeem herself in the future.
08 Apr 2018 3:44 AM
A Lookout circular ensures that the person concerned cannot leave an airport without informing the authorities first.
07 Apr 2018 11:17 AM
It is said Prime Minister Narendra Modi (no relation, let me hasten to add!) is keen to show that his government means business.
07 Apr 2018 5:16 AM
Rajiv Kochhar was handed over to a CBI team which is questioning him with regard to ICICI's dealing with Videocon Group, officials said.
05 Apr 2018 8:02 PM
The latest revelations have taken the sheen off the premium good governance image in private sector banks.
04 Apr 2018 12:29 AM
Kochhar was to be the Guest of Honour at the April 5 event and flyers sent out last month mentioned her name prominently.
03 Apr 2018 5:35 PM
Avista was also involved in 2 transactions with Videocon Industries for reorganization and refinancing of FCCBs of $194 mn in 2015.
03 Apr 2018 12:34 PM
ICICI Bank examined insolvency cases pending before the NCLT under the Insolvency and Bankruptcy Code, 2016.
02 Apr 2018 5:37 PM
ICICI Bank pointed out that the board meeting is routine in nature.
02 Apr 2018 12:51 PM
The PE initiated by the CBI has named Videocon group promoter Venugopal Dhoot, Deepak Kochhar and unknown others.
01 Apr 2018 8:32 AM