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.
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ICICI Bank On Exposure To Videocon Group
ICICI Bank On Exposure To Videocon Group ✅ In 2012 a consortium sanctioned Rs 40,000 crore to Videocon group. ✅ ICICI Bank’s current exposure to Videocon group is …
ICICI Bank On Review Of Internal Processes
ICICI Bank On Review Of Internal Processes ✅ Have a well-structured and standardised credit approval process. ✅ Multiple independent departments involved in credit risk rating, appraisal and approvals. …
ICICI Bank Defends Chanda Kochhar In Statement
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.
JSW Steel Goes Shopping In The U.S.
Gold Silver Reports (GSR) – JSW Steel Goes Shopping In The U.S. — JSW Steel Ltd. today entered into an agreement to buy a steel plant in Delaware, Ohio.
The Mumbai-headquartered steelmaker has been looking to increase its production capacity in the U.S. after Donald Trump imposed import tariff on steel and aluminium products. The company is also ramping up capacity at its own plants in the U.S.
ICICI Bank Says No Question Of Nepotism Or Conflict Of Interest By Chanda Kochhar
Gold Silver Reports (GSR) – 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.
LIC Bought 70% Of Shares In Hindustan Aeronautics’ IPO
Gold Silver Reports (GSR) – LIC Bought 70% Of Shares In Hindustan Aeronautics’ IPO — The Life Insurance Corporation of India bought more than two-thirds of the shares that were up for grabs in state-owned Hindustan Aeronautics Ltd.’s initial public offering.