Chanda Kochhar Was On Committee That Approved Loan To Videocon Group, Says MK Sharma

Gold Silver Reports (GSR) – Chanda Kochhar Was On Committee That Approved Loan To Videocon Group, Says MK Sharma — MK Sharma said that CEO Chanda Kochhar was not the chairperson of the committee that sanctioned the loan to Videocon Group. He added that the bank did not see any conflict of interest and that Kochhar has been making all disclosures in accordance with regulations.

Read More →

Regarding Additional Disclosures By Chanda Kochhar

Gold Silver Reports (GSR) – Regarding Additional Disclosures By Chanda Kochhar — MK Sharma said that CEO Chanda Kochhar was not the chairperson of the committee that sanctioned the loan to Videocon Group. He added that the bank did not see any conflict of interest and that Kochhar has been making all disclosures in accordance with regulations.            

Read More →

ICICI Bank Defends Chanda Kochhar In Statement

ICICI Securities

Gold Silver Reports (GSR) – ICICI Bank Defends Chanda Kochhar In Statement — India’s second largest private bank ICICI Bank Ltd. has expressed its “full faith” in chief executive Chanda Kochhar to dispel concerns that resurfaced around the sanctioning of loans to debt-laden Videocon Industries Ltd, and alleged loans to a firm founded by her husband.                  

Read More →