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Total 128 results found. Search for [ Deepak Kochhar ]

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Aseem Thapliyal
April 12, 2018
On March 28, the stock closed at 278 level on BSE after the bank board countered allegations of a quid-pro-quo in sanctioning of Rs 3,250 crore loan to the Videocon Group,  and backed CEO Chanda Kochhar, saying that no individual employee, irrespective of his or her position, has the ability to influence credit decision at the bank.


PTI
April 11, 2018



Rajeev Dubey
New Delhi, April 10, 2018
RBI showed a lot of spine in nudging Sharma to look for an honourable exit. Even after the Axis Bank board had approved a fourth 3-year term for Sharma starting June 1, the banking regulator wrote back to the board to reconsider its decision.


BusinessToday.In
April 10, 2018
Global ratings agency Fitch on Monday warned the second largest private bank of a 'potential risk of financial penalties' if the probe agencies come up with findings against Chanda Kochhar.


PTI
April 10, 2018
The Central Bureau of Investigation has initiated a preliminary enquiry into the matter to check any wrongdoing, while other agencies, including the Enforcement Directorate, are also investigating the case.


BusinessToday.In
April 9, 2018
Ratings agency Fitch on Monday said the investigation into ICICI Bank CEO Chanda Kochhar's potential conflict of interest in loans sanctioned to Videocon raises questions over the 'bank's governance' and 'creates reputational risks'.


BusinessToday.In
April 9, 2018
The investors are worried about value erosion in the bank as uncertainties cloud its operations and potential liabilities make future earnings unpredictable.


BusinessToday.In
New Delhi, April 9, 2018
Following the Videocon loan case, the board had met on March 28 and April 2, but a few directors were not present in the meetings


PTI
New Delhi, April 8, 2018
The CBI questioned Mahesh Chandra Punglia, closely associated with Videocon group in connection with ICICI Bank's Rs 3,250 crore loan to the Group in 2012, as the examination of Rajiv Kochhar, ICICI Bank MD and CEO Chanda Kochhar's brother-in-law, continued for the third day today, officials said here.


PTI
New Delhi, April 7, 2018
The questioning of Rajiv Kochhar, ICICI Bank MD and CEO Chanda Kochhar's brother-in-law, by the CBI started on the third consecutive day today in connection with the banks Rs 3,250 crore loan to Videocon Group in 2012, officials here said.


BusinessToday.In
New Delhi, April 7, 2018
In the wake of the ICICI Bank-Videocon loan saga, the government has changed its nominee on the board of ICICI Bank. The Department of Financial Services informed the bank about the replacement on April 5.


BusinessToday.in
New Delhi, April 9, 2018
In an exclusive interview, BusinessToday.In Editor Rajeev Dubey spoke to Deepak Kochhar, husband of ICICI MD and CEO Chanda Kochhar, on the allegations levelled against him and the ICICI MD for conflict of interest and quid pro quo. Deepak Kochhar has revealed Chanda was not aware of his tie-up with Videocon Group Chairman Venugopal Dhoot. \"Chanda did not know when I set up NuPower. I knew Dhoot through social circles. I told her when Dhoot exited,\" Deepak Kochhar told India Today TV. Watch BusinessToday.In's exclusive video on the recent revelations in the ICICI-Videocon loan controversy.


Rajeev Dubey
New Delhi, April 6, 2018
The ICICI Bank chief has been accused of favouritism, conflict of interest and quid pro quo. However, Deepak on Friday said that Chanda was not even aware of his business dealings with Dhoot.


Anand Adhikari
April 6, 2018
The list of mid-sized companies supporting first generation entrepreneur Deepak Kochhar's power venture seems to be a bit long. Surprisingly, most of these companies are based down South where Deepak Kochhar has business operations.


BusinessToday.In
New Delhi, April 6, 2018
Rajiv Kochhar reportedly taken to CBI's Bandra office where he was grilled for six hours in connection with ICICI Bank's alleged quid pro quo loan of Rs 3,250 crore to Videocon Group in 2012 as well as his links with Venugopal Dhoot, the promoter of the Videocon Group.


Rajeev Dubey
April 6, 2018
Kochhars are under lens since whistleblower Virendra Gupta's disclosures in 2016 regarding the Rs 3,250 crore plus Rs 660 crore loans and alleged quid pro quo in the form of an identical 10 pc foreign funding  (Rs 325 crore and Rs 66 crore) in Kochhar's husband Deepak Kochhar's company NuPower Renewables.


Mail Today Bureau
April 6, 2018
Rajiv Kochhar is the founder of Avista Advisory which is alleged to have got the mandate to restructure foreign currency denominated debt deals worth over $1.7 billion of seven companies including the Videocon Group over the last six years.


BusinessToday.In
New Delhi, April 5, 2018
The CBI (Central Bureau of Investigation) and the Income Tax Department are probing the Rs 3,250-crore loan to Videocon Group in 2012. Now the Serious Fraud Investigation Office (SFIO) has also sought permission from the ministry of corporate affairs to probe the case.


BusinessToday.In
New Delhi, April 5, 2018
ICICI-Videocon case: Deepak Kochhar denies quid pro quoChanda Kochhar's husband and NuPower Renewables co-founder and CEO Deepak Kochhar has denied any quid-pro-quo in sanctioning of Rs 3,250 crore loan to Videocon by the ICICI Bank in response to a questionnaire sent by Business Today. Also, Venugopal Dhoot has refuted the charge that NuPower Renewables was a joint venture between Videocon and Deepak Kochhar. Meanwhile, questions sent to ICICI Bank CEO Chanda Kochhar were respo...


Rajeev Dubey
New Delhi, April 4, 2018
Sharma's findings put before the short notice board meeting on March 28 were the same that he conducted in 2016. At that time, Sharma evaluated the bank's credit evaluation process right after whistleblower Virendra Gupta's disclosures in 2016 regarding the Rs 3,250 crore and Rs 660 crore loans and alleged quid pro quo in the form of an identical 10 per cent foreign funding in Kochhar's husband Deepak Kochhar's company NuPower Renewables.


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