The external commercial borrowing (ECB) being raised by Tata Capital Housing Finance is part of a liabilities diversification programme, Tata Capital managing director and chief executive Rajiv Sabharwal said.

The CBI alleges that after Kochhar took charge, ICICI Bank sanctioned six loans totalling Rs 1,875 crore to various Videocon companies, most of which have gone bad.

There were news before Mukund Rajan's exit announcement that he proposed a USD 1 billion bid to acquire the fiber assets of Tata Teleservices, along with private equity and pension funds.

Amidst challenging economic environment Chandrasekaran had an action packed one year, settling issues in telecom, steel and automobiles sectors.