ICICI Bank

ICICI Bank appoints ex-IAS G C Chaturvedi as non-executive chairman

ICICI Bank is under the scanner of various regulatory agencies for alleged conflict of interest involving its CEO Chanda Kochhar and her family members in extending loans to some corporates.

Jun 29, 2018, 12:34 PM IST

Sebi yet to receive reply from ICICI Bank on Kochhar issue: Ajay Tyagi

The cases under scanner include the bank's Rs 3,250 crore loan to Videocon Group in 2012 and the involvement of Kochhar family members in restructuring of the loan.

Jun 21, 2018, 17:30 PM IST

NS Kannan appointed as MD and CEO of ICICI Prudential Life

He takes over from Sandeep Bakhshi who has been appointed as Whole-time Director and Chief Operating Officer of ICICI Bank.

Jun 19, 2018, 12:32 PM IST

Chanda Kochhar to remain on leave till completion of internal inquiry, Sandeep Bakhshi named ICICI Bank COO

Chanda Kochhar and her family members are facing allegations of quid pro quo and conflict of interest with respect to a loan extended to the Videocon group.

Jun 18, 2018, 21:50 PM IST

ICICI Bank's insolvency plea may not be admitted by NCLT: Punj Lloyd

The two-member bench has directed to list the matter on July 24 for next hearing.

Jun 15, 2018, 11:33 AM IST

Banks hike lending rates after RBI rate hike

Joining big banks, Indian Bank and Karur Vsya Bank informed the stock exchanges about hiking the MCLR by up to 10 basis points for different tenures.

Jun 07, 2018, 17:51 PM IST

Companies linked to ICICI Bank controversy come under MCA lens

The official also said the affairs of ICICI Bank are not being looked into by the ministry as that is completely under the purview of the Reserve Bank of India (RBI).

Jun 07, 2018, 16:49 PM IST

ICICI Bank begins search for new chairman

Among various independent directors, seasoned banker and former Bank of Baroda chairman and managing director M D Mallya is set to be frontrunner to succeed Sharma.

Jun 04, 2018, 16:58 PM IST

ICICI CEO Chanda Kochhar not asked to go on leave, clarify bank authorities

The board of India's largest private sector lender ICICI Bank also claimed that no search committee has been formed to find her successor.

Jun 01, 2018, 13:16 PM IST

ICICI Bank to hold 'independent' probe into allegations against Kochhar

Without detailing the allegations, the bank in a regulatory filing said the enquiry will be headed by an independent and credible person.

May 30, 2018, 17:18 PM IST

Sebi serves notice to Chanda Kochhar in Videocon loan case

The CBI has launched a preliminary investigation into Rs 3,250 crore loan ICICI Bank had extended to Videocon in 2012 and the possible role of Kochhar's husband -- Deepak Kochhar.

May 25, 2018, 17:54 PM IST

ICICI Bank shares end over 6% up despite poor Q4 results

The shares of India's third largest lender by assets closed 6.86 percent higher to Rs 309.25 a piece.

May 08, 2018, 17:09 PM IST

ICICI Bank shares rise over 6% despite poor Q4 results

The company's market cap stood at Rs 1,98,620.09.

May 08, 2018, 10:53 AM IST

Fitch questions strength of corp governance at ICICI Bank

Late last month, the bank admitted that Kochhar did not recuse herself from a credit committee meeting which decided to give a Rs 3,250 crore loan to diversified Videocon Group in 2012.

Apr 09, 2018, 17:28 PM IST

Chanda Kochhar’s brother-in-law detained at Mumbai airport, questioned by CBI

Reported by Rajeev Ranjan Singh

Apr 05, 2018, 23:12 PM IST

Chanda Kochhar pulls out of President's event

Kochhar was to be the Guest of Honour at the April 5 event and flyers sent out last month mentioned her name prominently.

Apr 03, 2018, 17:55 PM IST

ICICI Bank issue: Dhoot says personal ties do not always result in criminal acts

It was alleged that Videocon Group pumped money into NuPower Renewables, a firm owned by Deepak Kochhar, husband of Chanda Kochhar.

Apr 02, 2018, 11:39 AM IST

ICICI Bank shares fall after police probe, RBI fine

Sentiment was also negative after the central bank fined the country`s largest private-sector lender 589 million rupees ($9.05 million) for not sticking to certain rules about sale of government securities.

Apr 02, 2018, 11:35 AM IST

ICICI issues clarification on penalty by RBI

The Bank re-iterated that it continues to give utmost importance to regulatory compliance and endeavors to meet supervisory expectations.

Mar 30, 2018, 06:58 AM IST

Videocon loan: ICICI Bank trashes reports of wrongdoing by Chanda Kochhar, says she went by rules

Earlier, the RBI has slapped Rs 58.9 crore penalty on ICICI Bank for non-compliance of directions issued with regard to the direct sale of securities from its HTM portfolio and specified disclosure in this regard.

Mar 29, 2018, 19:10 PM IST