The Appellate Tribunal ordered that the nature of the properties will not be altered by the Kochhars and ...More

The Appellate Tribunal ordered that the nature of the properties will not be altered by the Kochhars and also directed the ED to maintain status quo till the next date of hearing in February. Kochhars' oppose maintainability of ED's appeal ...Less

"On August 26, 2009, the bank under ChandaKochhar sanctioned a loan of Rs 300 crore VIEL “in contraventio ...More

"On August 26, 2009, the bank under ChandaKochhar sanctioned a loan of Rs 300 crore VIEL “in contravention of rules and policy by the sanctioning committee,” the first information report said. “On September 7, 2009, this loan was transferred to VIEL...On September 8, 2009, Dhoot transferred Rs 64 crore to NRL managed by Deepak Kochhar...this was the first major capital received by NRL to acquire its first power plant,” the FIR said. ...Less

The petitioner contended that since ED has failed to file a prosecution complaint- an equivalent of a cha ...More

The petitioner contended that since ED has failed to file a prosecution complaint- an equivalent of a charge sheet-within the deadline of 365 days, the agency is under legal obligation to release the seized assets. ...Less

Chanda Kochhar will now be asked to depose later this week. She had not appeared before the agency even l ...More

Chanda Kochhar will now be asked to depose later this week. She had not appeared before the agency even last week citing health reasons. ...Less

They said Chanda Kochhar has been asked to depose before the agency on June 10 after she sought an adjour ...More

They said Chanda Kochhar has been asked to depose before the agency on June 10 after she sought an adjournment of the date scheduled. ...Less

The Enforcement Directorate (ED) had last month questioned and recorded the statements of Chanda Kochhar ...More

The Enforcement Directorate (ED) had last month questioned and recorded the statements of Chanda Kochhar and her husband Deepak Kochhar over multiple sessions. ...Less

Justice Srikrishna panel indicted Chanda Kochhar and found her in violation of the bank's code of conduct ...More

Justice Srikrishna panel indicted Chanda Kochhar and found her in violation of the bank's code of conduct. ...Less

The CBI is currently conducting what is called a PE into charges of corruption and nepotism with regards ...More

The CBI is currently conducting what is called a PE into charges of corruption and nepotism with regards to loans given to the Videocon Group with whom Deepak Kochhar had a business partnership. ...Less

Once steering committee members are questioned, skeletons would come out of the cupboard, says Ranina ...More

Once steering committee members are questioned, skeletons would come out of the cupboard, says Ranina ...Less

The ED had also asked Kochhar to make full disclosure in line with the one she made to RBI and other regu ...More

The ED had also asked Kochhar to make full disclosure in line with the one she made to RBI and other regulators. ...Less

Chanda Kochhar appeared before the special Judge A A Nandgoankarand filed a bail application through her ...More

Chanda Kochhar appeared before the special Judge A A Nandgoankarand filed a bail application through her lawyer Vijay Agarwal. ...Less

"We are a large player in the housing loan as well as the car loan market. So we will continue to keep ou ...More

"We are a large player in the housing loan as well as the car loan market. So we will continue to keep our rates competitive," says Chanda Kochhar, ICICI Bank. ...Less

Taking cognisance of the Enforcement Directorate's chargesheet against the trio, the court said the mater ...More

Taking cognisance of the Enforcement Directorate's chargesheet against the trio, the court said the material produced by the investigating agency constitutes offences under PMLA. ...Less

The probe agency, represented by special public prosecutor A Limosin, made this argument while urging the ...More

The probe agency, represented by special public prosecutor A Limosin, made this argument while urging the special court to take cognizance of the chargesheet filed against Chanda Kochhar, her husband Deepak Kochhar and others in a case pertaining to cheating and irregularities in sanctioning of loans to Videocon Group firms. ...Less

After her husband's disclosure and the lack of transparency, the board lost faith in Chanda Kochhar. ...More

After her husband's disclosure and the lack of transparency, the board lost faith in Chanda Kochhar. ...Less

The bank and Chanda Kochhar have to respond to Sebi’s show cause notice within 14 days. ...More

The bank and Chanda Kochhar have to respond to Sebi’s show cause notice within 14 days. ...Less

According to sources, Kochhars are being arrested in connection with the loan sanctioned by the private b ...More

According to sources, Kochhars are being arrested in connection with the loan sanctioned by the private bank when Chanda Kochhar was at its helm. The two are likely to be produced on Saturday before a special court for want of custody. ...Less

The settlements with different creditors also brought to close an earlier contempt proceedings against De ...More

The settlements with different creditors also brought to close an earlier contempt proceedings against Deepak Kochhar, husband of Chanda Kochhar. ...Less

The court, set up under the Prevention of Money Laundering Act, fixed September 6 for farming of charges ...More

The court, set up under the Prevention of Money Laundering Act, fixed September 6 for farming of charges in the ICICI Bank-Videocon money laundering case. The other accused in the case include Chanda Kochhar's husband Deepak Kochhar and Videocon Group promoter Venugopal Dhoot. ...Less

The ICICI Bank-Videocon loan fraud case saw Chanda Kochhar, former CEO, found guilty. She accepted a ₹64 ...More

The ICICI Bank-Videocon loan fraud case saw Chanda Kochhar, former CEO, found guilty. She accepted a ₹64 crore bribe for sanctioning a ₹300 crore loan. The appellate tribunal upheld the Enforcement Directorate's charges. It termed the transaction a quid pro quo. Allegations include conflict of interest and misuse of position. The case involves loan sanctions and financial trails. ...Less

The ED had arrested her husband Deepak Kochhar in September 2020 after it filed a criminal case for money ...More

The ED had arrested her husband Deepak Kochhar in September 2020 after it filed a criminal case for money laundering based on an FIR registered by the CBI against the Kochhars, Dhoot and others. ...Less

The Bombay High Court on Monday granted interim relief to former ICICI Bank MD & CEO Chanda Kochhar and h ...More

The Bombay High Court on Monday granted interim relief to former ICICI Bank MD & CEO Chanda Kochhar and her husband Deepak Kochhar in the ICICI Bank-Videocon case, observing that their arrests were not in accordance with the law. The Kochhar couple has termed their arrest as "illegal" on the ground that no sanction was obtained prior to the CBI action as required under provisions of the Prevention of Corruption Act (PCA). ...Less

The bank's board is discussing a reshuffle of its top management that may see its life insurance venture’ ...More

The bank's board is discussing a reshuffle of its top management that may see its life insurance venture’s CEO Sandeep Bakhshi becoming interim chief. ...Less

Kochhar submitted in the Bombay High Court that ICICI Bank reneged from its contractual commitments and c ...More

Kochhar submitted in the Bombay High Court that ICICI Bank reneged from its contractual commitments and cannot terminate a person who has already retired. As per people in the know, the stock options due to Kochhar could run into over Rs 1,000 crore at current market value. ...Less

The ED has alleged that Deepak Kochhar “had indulged in pressuring and influencing the witness and even e ...More

The ED has alleged that Deepak Kochhar “had indulged in pressuring and influencing the witness and even ensuring that he (witness) submits false evidence/information before” the ED. ...Less

A special court in India has taken cognizance of a charge sheet filed against former ICICI Bank CEO Chand ...More

A special court in India has taken cognizance of a charge sheet filed against former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar, and Videocon founder Venugopal Dhoot, for an alleged loan fraud of Rs 3,250 crore. The CBI named the accused in reference to criminal conspiracy and the Prevention of Corruption Act in 2019, and all accused have been summoned to the court on August 2. ...Less

The Supreme Court has requested responses from Chanda Kochhar, former MD of ICICI Bank, and her husband D ...More

The Supreme Court has requested responses from Chanda Kochhar, former MD of ICICI Bank, and her husband Deepak Kochhar regarding the CBI's appeal against a Bombay High Court ruling that deemed their arrest illegal in the Rs 3,250-crore Videocon loan fraud case. The High Court had criticized the CBI for what it saw as an abuse of power in the arrests and confirmed interim bail for the Kochhars. ...Less

As per the 2009-10 annual report, Chanda Kochhar was entitled to allowances and perquisites of about Rs 4 ...More

As per the 2009-10 annual report, Chanda Kochhar was entitled to allowances and perquisites of about Rs 4.49 lakh per month. ...Less

"It is not necessary that only the JV partners have to increase stake, you may find other interested inve ...More

"It is not necessary that only the JV partners have to increase stake, you may find other interested investors wanting to invest." ...Less

As the CEO, CBI says, Kochhar approved six loans to Videocon group between June 2009 and October 2011. ...More

As the CEO, CBI says, Kochhar approved six loans to Videocon group between June 2009 and October 2011. ...Less

The CBI has launched a preliminary investigation into Rs 3,250 crore loan ICICI Bank had extended to Vide ...More

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

They have been grilled by the central agency in the past in connection with the alleged corruption case i ...More

They have been grilled by the central agency in the past in connection with the alleged corruption case involving the bank and Videocon group. ...Less

The ED and CBI are probing possible quid pro quo in loan transactions between the Videocon Group and ICIC ...More

The ED and CBI are probing possible quid pro quo in loan transactions between the Videocon Group and ICICI Bank when Chanda Kochhar was the bank’s CEO. ...Less

The bail application was moved by Dhoot’s lawyer Sandeep Ladda at the court of additional sessions judge ...More

The bail application was moved by Dhoot’s lawyer Sandeep Ladda at the court of additional sessions judge AA Nandgaonkar seeking relief from arrest for the 70 year old Dhoot on grounds of his age and ill health during the course of the trial. ...Less

The bank said appropriate responses would be submitted to Sebi in accordance with regulations. ...More

The bank said appropriate responses would be submitted to Sebi in accordance with regulations. ...Less

Chanda Kochhar said, "We have a current understanding in terms of the ultimate structure where foreign sh ...More

Chanda Kochhar said, "We have a current understanding in terms of the ultimate structure where foreign shareholding could go down to about 20%". ...Less

The ED had earlier said an amount of Rs 64 crore, out of the loan amount of Rs 300 crore sanctioned by a ...More

The ED had earlier said an amount of Rs 64 crore, out of the loan amount of Rs 300 crore sanctioned by a committee headed by Chanda Kochhar to Videocon International Electronics Limited, was transferred to Nupower Renewables Pvt Ltd (NRPL) by Videocon Industries Limited. ...Less

Chanda Kochhar case: The Bombay High Court, in a highly-publicised case, came down heavily on the CBI for ...More

Chanda Kochhar case: The Bombay High Court, in a highly-publicised case, came down heavily on the CBI for the way it handled the arrests of the former ICICI Bank CEO and her businessman husband, calling out the course of action taken by the central agency in the case as "without application of mind and due regard to the law." ...Less

The CBI presented the evidence against the accused while arguing for taking cognisance of the chargesheet ...More

The CBI presented the evidence against the accused while arguing for taking cognisance of the chargesheet filed by it in April against the Kochhar couple, Videocon Group chairman VN Dhoot and others. The court has adjourned the matter to July 12. Cognisance in legal parlance paves the way for commencement of trial against an accused. ...Less

There are allegations of involvement of former ICICI Bank chief Chanda Kochhar and her family members in ...More

There are allegations of involvement of former ICICI Bank chief Chanda Kochhar and her family members in a loan provided to Videocon Group on a quid pro quo basis. ...Less

His transfer comes a month after he was appointed on the board of the bank whose Managing Director and Ch ...More

His transfer comes a month after he was appointed on the board of the bank whose Managing Director and Chief Executive Officer Chanda Kochhar is facing allegations of conflict of interest in sanctioning of loan to Videocon group. ...Less

The private sector lender is mulling options to file consent plea, an ETNow report said. ...More

The private sector lender is mulling options to file consent plea, an ETNow report said. ...Less

Real estate transactions between Kochhars & Dhoots pointed to the quid pro quo arrangement between them. ...More

Real estate transactions between Kochhars & Dhoots pointed to the quid pro quo arrangement between them. ...Less

After facing over nine hours of questioning on Monday, the Kochhars arrived at the ED headquarters earlie ...More

After facing over nine hours of questioning on Monday, the Kochhars arrived at the ED headquarters earlier in Khan Market area. ...Less

Rise in coal production and efficiency in coal movement are all administrative things that can add a lot ...More

Rise in coal production and efficiency in coal movement are all administrative things that can add a lot to the economic growth, says Kochhar. ...Less

“Chanda Kochhar has resigned. We will be processing it and move as per the laid down procedure to appoint ...More

“Chanda Kochhar has resigned. We will be processing it and move as per the laid down procedure to appoint the IIIT’s new chairperson,” a senior human resource development ministry official told. Kochhar had sent in her resignation to the ministry on Tuesday, people aware of the development said. ...Less

Chanda Kochhar walked out of the Byculla women's prison in Mumbai, while her husband was released from th ...More

Chanda Kochhar walked out of the Byculla women's prison in Mumbai, while her husband was released from the Arthur Road jail, the official said. The HC ordered their release on a cash bail of Rs 1 lakh each. The CBI arrested Kochhars on December 23, 2022 in connection with the Videocon-ICICI Bank loan case. The couple had filed petitions in the Bombay High Court challenging their arrest, terming it as illegal and arbitrary. ...Less

Kochhar was asked to deposit cash security of Rs 5 lakh for six months and submit an undertaking that the ...More

Kochhar was asked to deposit cash security of Rs 5 lakh for six months and submit an undertaking that the property situated at 18, Rakhi Mahal will not be transferred ...Less

The agency will primarily examine whether Chanda Kochhar made personal gains by alleged irregularities in ...More

The agency will primarily examine whether Chanda Kochhar made personal gains by alleged irregularities in release of loans sanctioned by ICICI bank to Videocon in 2012. ...Less

It's definitely pro-growth. At the same time, it takes into account fiscal prudence as well as inclusiven ...More

It's definitely pro-growth. At the same time, it takes into account fiscal prudence as well as inclusiveness too."" ...Less

The ICICI Bank has filed a civil recovery suit against its former chief executive Chanda Kochhar for the ...More

The ICICI Bank has filed a civil recovery suit against its former chief executive Chanda Kochhar for the recovery of around Rs 12 crore, that she received as part of bonus and other benefits before she was terminated from the bank. ...Less

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A meeting, like two previous ones, could be convened this week to take stock of developments that are sai ...More

A meeting, like two previous ones, could be convened this week to take stock of developments that are said to be affecting staff morale and investor confidence. ...Less

The couple arrived at the Enforcement Directorate's headquarters in Khan Market here shortly before their ...More

The couple arrived at the Enforcement Directorate's headquarters in Khan Market here shortly before their scheduled appearance time of 11 am, official sources said. ...Less

Justice Srikrishna panel indicted Chanda Kochhar and found her in violation of the bank's code of conduct ...More

Justice Srikrishna panel indicted Chanda Kochhar and found her in violation of the bank's code of conduct. ...Less

The Srikrishna panel has found that Chanda Kochhar indeed violated the banks code of conduct. ...More

The Srikrishna panel has found that Chanda Kochhar indeed violated the banks code of conduct. ...Less

They are required to assist the IO in taking the probe forward, adding the three have been asked to bring ...More

They are required to assist the IO in taking the probe forward, adding the three have been asked to bring certain documents related to their personal and official finances. ...Less

Former ICICI Bank CEO and MD Chanda Kochhar has filed a petition in the Bombay High Court challenging the ...More

Former ICICI Bank CEO and MD Chanda Kochhar has filed a petition in the Bombay High Court challenging the board's approval to prosecute her in the Videocon loan case. Kochhar alleges that proper procedures were not followed in granting the sanction. She and her husband, arrested in December 2022, were later granted bail by the High Court in January 2023. The ICICI Bank board, acknowledging a possible quid pro quo, passed a resolution on April 22 granting the prosecution sanction. ...Less

Deepak Kochhar said he knew the Dhoot family socially, but did not inform his wife about his dealings til ...More

Deepak Kochhar said he knew the Dhoot family socially, but did not inform his wife about his dealings till the partnership broke up. ...Less

A holiday court remanded Dhoot in CBI's custody till December 28. The court also extended the remand of C ...More

A holiday court remanded Dhoot in CBI's custody till December 28. The court also extended the remand of Chanda Kochhar and her husband Deepak who were arrested on Friday by three days. The CBI sought a three-day custody to confront the accused. ...Less

"Splendid effort by Chanda Kochhar. Her enthusiasm and dedication towards Swachh Bharat Mission is notewo ...More

"Splendid effort by Chanda Kochhar. Her enthusiasm and dedication towards Swachh Bharat Mission is noteworthy," the Prime Minister said in a tweet. ...Less

"Similar rumours had first surfaced in mid-2016. Nevertheless these have resurfaced in the recent past to ...More

"Similar rumours had first surfaced in mid-2016. Nevertheless these have resurfaced in the recent past to malign the bank," the bank has said. ...Less

It will primarily examine whether Chanda Kochhar made any personal gains from alleged irregularities in t ...More

It will primarily examine whether Chanda Kochhar made any personal gains from alleged irregularities in the release of loans by ICICI Bank to Videocon in 2012, they said. ...Less

The Central Bureau of Investigation on Monday arrested Videocon CEO Venugopal Dhoot in the alleged ICICI ...More

The Central Bureau of Investigation on Monday arrested Videocon CEO Venugopal Dhoot in the alleged ICICI Bank-Videocon money laundering case. The CEO was arrested from Mumbai. Earlier, the agency had arrested the former managing director and chief executive officer of ICICI Bank Chanda Kochhar and her husband Deepak Kochhar in connection with the case. ...Less

Sources indicated that Deepak Kochhar and Dhoot may be called for questioning. After examination of docum ...More

Sources indicated that Deepak Kochhar and Dhoot may be called for questioning. After examination of documents and recording of statements, Chanda Kochhar may also be quizzed, they said. ...Less

Chanda and her husband Deepak along with Rajiv have been questioned by the ED, which is probing the case ...More

Chanda and her husband Deepak along with Rajiv have been questioned by the ED, which is probing the case under the PMLA. ...Less

The agency had been questioning the then senior executives of the NuPower Renewables and Videocon in Mumb ...More

The agency had been questioning the then senior executives of the NuPower Renewables and Videocon in Mumbai but it is the first time they were called here for their questioning. ...Less

The bank is yet to file an application under its consent mechanism to settle the case, he added. ...More

The bank is yet to file an application under its consent mechanism to settle the case, he added. ...Less

"There has been a ripple effect of the spends that are now happening in the highway sector and the orders ...More

"There has been a ripple effect of the spends that are now happening in the highway sector and the orders that have been given out in the railway sector." ...Less

All India Bank Employees' Association (AIBEA) in a letter to RBI Governor Shaktikanta Das alleged that as ...More

All India Bank Employees' Association (AIBEA) in a letter to RBI Governor Shaktikanta Das alleged that as per media reports, in the FIR filed by the CBI, in addition to the name of former managing director of ICICI Bank Chanda Kochhar, the name of Kamath also appears. ...Less

There are eight members on the board of ICICI Securities of which four are independent directors, two are ...More

There are eight members on the board of ICICI Securities of which four are independent directors, two are non-executive non-independent directors who are nominated from ICICI Bank and two are whole time directors. ...Less

ICICI Bank Managing Director and CEO Chanda Kochhar said: "The guidelines are comprehensive and cover all ...More

ICICI Bank Managing Director and CEO Chanda Kochhar said: "The guidelines are comprehensive and cover all the issues relating to the entry of new banks." ...Less

Looking at the signals we have, I expect policy rate should fall further around 75 basis points. A lot wo ...More

Looking at the signals we have, I expect policy rate should fall further around 75 basis points. A lot would depend on how the inflation moves, Kochhar said. ...Less

The consortium was led by State Bank of India and included ICICI Bank. Its members in 2012 had sanctioned ...More

The consortium was led by State Bank of India and included ICICI Bank. Its members in 2012 had sanctioned Rs 40,000 crore to Videocon. ...Less

The meeting will consider the approval of the audited annual accounts for the financial year ended March ...More

The meeting will consider the approval of the audited annual accounts for the financial year ended March 31 and discuss other routine matters, an official said. ...Less

Agency officials said if they come across any proof of wrongdoing, Chanda Kochhar, her husband Deepak Koc ...More

Agency officials said if they come across any proof of wrongdoing, Chanda Kochhar, her husband Deepak Kochhar could be summoned. ...Less

"Now there is a whole industry wide initiative under the supervision of RBI where by blocks of ATMs they ...More

"Now there is a whole industry wide initiative under the supervision of RBI where by blocks of ATMs they will get recalibrated." ...Less

Former SC judge BN Srikrishna was chairman of the Financial Sector Legislative Reforms Commission and is ...More

Former SC judge BN Srikrishna was chairman of the Financial Sector Legislative Reforms Commission and is currently heading a panel on data protection. ...Less

ICICI Bank revoked all her entitlements such as bonuses, stock options and medical benefits. ...More

ICICI Bank revoked all her entitlements such as bonuses, stock options and medical benefits. ...Less

Reports have alleged quid pro quo between Videocon Group and the bank's CEO Chanda Kochhar as well as her ...More

Reports have alleged quid pro quo between Videocon Group and the bank's CEO Chanda Kochhar as well as her family members with respect to extending a loan worth Rs 3,250 crore, an issue that has snowballed into a controversy. ...Less

The Supreme Court has asked Chanda Kochhar, former CEO of ICICI Bank, to respond to an appeal by the Cent ...More

The Supreme Court has asked Chanda Kochhar, former CEO of ICICI Bank, to respond to an appeal by the Central Bureau of Investigation (CBI) regarding her interim bail in the Videocon loan case. The CBI argues that the Bombay High Court's order granting her bail was "absolutely perverse." Kochhar and her husband were arrested by the CBI in December last year for their alleged involvement in granting loans to Videocon Group in exchange for investments in her husband's company. ...Less

The ministry is not looking into the happenings at ICICI Bank as it is completely under the purview of th ...More

The ministry is not looking into the happenings at ICICI Bank as it is completely under the purview of the Reserve Bank of India (RBI). ...Less

Dhoot termed reports of subsequent events, including loaning Rs 64 crore to Nupower Renewables through on ...More

Dhoot termed reports of subsequent events, including loaning Rs 64 crore to Nupower Renewables through one of his companies, or subsequent transactions, as baseless. ...Less

The Mumbai apartment was acquired for Rs 5.25 crore in February 1996 by Credential Finance Ltd (CFL), in ...More

The Mumbai apartment was acquired for Rs 5.25 crore in February 1996 by Credential Finance Ltd (CFL), in which the Videocon Group had a substantial interest along with the Kochhar family, according to the ED’s remand application that was reviewed by ET. ...Less

Chanda Kochhar, former ICICI Bank CEO, has been found guilty of accepting a Rs 64 crore bribe for approvi ...More

Chanda Kochhar, former ICICI Bank CEO, has been found guilty of accepting a Rs 64 crore bribe for approving a Rs 300 crore loan to Videocon. The appellate tribunal confirmed the 'quid pro quo' arrangement, highlighting that the funds were routed through her husband's company. ...Less

The Appellate Tribunal has reversed a decision regarding the Chanda Kochhar case. It has permitted the se ...More

The Appellate Tribunal has reversed a decision regarding the Chanda Kochhar case. It has permitted the seizure of properties linked to Chanda Kochhar, Deepak Kochhar, and Venugopal Dhoot. The Enforcement Directorate's appeal was upheld, criticizing the Adjudicating Authority's previous ruling. The tribunal highlighted ignored evidence and the role of Deepak Kochhar in NuPower Renewables. ...Less

It is for the RBI to decide if Kochhar should continue to be the CEO and Managing Director of the bank, f ...More

It is for the RBI to decide if Kochhar should continue to be the CEO and Managing Director of the bank, finance ministry official sources said. ...Less

According to sources, Chanda Kochhar's flat in Mumbai, certain shares and investments have been attached ...More

According to sources, Chanda Kochhar's flat in Mumbai, certain shares and investments have been attached by the investigating agency. Deepak Kochhar's business properties too were attached by the ED. The ED has registered a criminal case under the PMLA in 2019 against Chanda Kochhar, Deepak Kochhar, Venugopal Dhoot of Videocon Group and others. ...Less

ET Now caught up with Chanda Kochhar, MD & CEO, ICICI Bank, for her views on ET Awards, bank’s performanc ...More

ET Now caught up with Chanda Kochhar, MD & CEO, ICICI Bank, for her views on ET Awards, bank’s performance and outlook for future growth. ...Less

A few days back, the probing agency had arrested former ICICI Bank CEO and MD Chanda Kochhar and her husb ...More

A few days back, the probing agency had arrested former ICICI Bank CEO and MD Chanda Kochhar and her husband Deepak Kochhar. The couple is scheduled to remain in CBI custody till today. However, the CBI has sought custody of the Videocon chairman for three days and of the couple for three more days. ...Less

fter a marathon meeting, the board of directors of the bank cleared the appointment of Sandeep Bakhshi, w ...More

fter a marathon meeting, the board of directors of the bank cleared the appointment of Sandeep Bakhshi, who is currently heading ICICI Prudential Life Insurance, as a wholetime director and chief operating officer. ...Less

The agency is also examining whether Avista benefitted from Rajiv Kochhar’s relation with the ICICI Bank ...More

The agency is also examining whether Avista benefitted from Rajiv Kochhar’s relation with the ICICI Bank boss. Sources indicated that Deepak Kochhar and Dhoot may be called for questioning as well. ...Less

Encouraged by rising profits in the second quarter, ICICI Bank CEO Chanda Kochhar has said the lender wou ...More

Encouraged by rising profits in the second quarter, ICICI Bank CEO Chanda Kochhar has said the lender would consider rewarding its employees with bonus, which it skipped last year on account of poor performance. ...Less

The former banker is facing a probe for allegedly taking kickbacks through her husband's company for sanc ...More

The former banker is facing a probe for allegedly taking kickbacks through her husband's company for sanctioning of loans to the Videocon group when she was at the helm of ICICI Bank. ...Less

Bombay High Court on Friday reserved the order for next Monday on the pleas of Chanda and Deepak Kochhar ...More

Bombay High Court on Friday reserved the order for next Monday on the pleas of Chanda and Deepak Kochhar challenging their arrest and seeking an interim release. ...Less

The court also asked Chanda Kochhar to submit details about all her assets within six weeks. The court wa ...More

The court also asked Chanda Kochhar to submit details about all her assets within six weeks. The court was hearing an application filed by Chanda Kochhar against her ex-employer ICICI Bank seeking specific performance commitments and contractual obligations promised to her post her early retirement in October 2018. ...Less

The Supreme Court has dismissed the CBI's plea challenging the Bombay High Court's interim bail order for ...More

The Supreme Court has dismissed the CBI's plea challenging the Bombay High Court's interim bail order for former ICICI Bank CEO Chanda Kochhar and her businessman-husband Deepak Kochhar in a loan fraud case. The court disposed of the plea after the high court confirmed its January 2023 interim order granting bail to the couple. The couple was arrested by the CBI on December 23, 2022, in the Videocon-ICICI Bank loan case. ...Less

Former Managing Director (MD) and Chief Executive Officer (CEO) of the ICICI bank Chanda Kochhar and her ...More

Former Managing Director (MD) and Chief Executive Officer (CEO) of the ICICI bank Chanda Kochhar and her husband Deepak Kochhar have been remanded in Central Bureau of Investigation (CBI) custody till December 26. They were produced before a Special Court of the CBI in Mumbai for carrying forward remand proceedings. ...Less

ICICI Securities, a subsidiary of the bank and India's largest broking firm, made a weak debut on the bou ...More

ICICI Securities, a subsidiary of the bank and India's largest broking firm, made a weak debut on the bourses today. ...Less