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BusinessToday.In
New Delhi, September 20, 2018
Rana Kapoor, who co-founded the bank with Ashok Kapoor in 2004, established the private bank's credentials and led it to rise above expectations. Its shares have seen a 25-fold rise in the past 13 years and have generated compound annual growth return of around 28 per cent.


PTI
September 19, 2018
In FY 2012, the bank had, by allegedly flouting its own lending norms, extended a Rs 3,250 crore loan to the Videocon group, which has since turned dud for the bank.


PTI
Mumbai, September 18, 2018
Sebi Chairman Ajay Tyagi said that ICICI Bank has sought to settle the issues related to Chanda Kochhar through consent mechanism.


Prosenjit Datta
New Delhi, September 17, 2018
Over the next few years, a number of entrepreneurs, who had shot to prominence over the past decade and a half, will either have lost their entire businesses or will see their empires shrink dramatically in size, after losing many of their companies.


Nevin John
New Delhi, September 17, 2018
Lessons from the failure of some of India's biggest business names.


PTI
September 12, 2018
Kochhar, who has been away from office following an enquiry initiated under the retired Supreme Court judge BN Srikrishna late May but continues to hold onto her position as the managing director & chief executive, was absent from the AGM.


BusinessToday.In
New Delhi, September 11, 2018
India pips Japan in GDP based on purchasing power parity; Raghuram Rajan blames 'over optimistic bankers' for bad loans, NPA mess; GAIL India aims to add 5,500 km gas pipeline in 3 years; and Deepak Kochhar summoned by Corporate Affairs Ministry in ICICI Bank-Videocon loan case. Watch this episode of Business Wrap.


BusinessToday.In
New Delhi, September 11, 2018
Interpol issues red-corner notice against Nirav Modi's sister Purvi ModiAfter the Interpol issued a red-corner notice (RCN) against a close aide of diamantaire fugitive Nirav Modi, Mihir Bhansali, it has issued another notice against Purvi Modi, who is a Belgian national and the sister of Nirav Modi. The RCN has been issued on the request of the Enforcement Directorate to the Interpol, as the ED seeks to interrogate her on the alleged charges of 'money laundering'.After Bharat Ban...


PTI
September 10, 2018
NuPower Renewables and NuPower Wind Farms are among the six companies whose books are being inspected by the ministry.


BusinessToday.In
New Delhi, September 10, 2018
Govt to fine-tune e-commerce rules; panel formed to look into issueThe government has set up a group of secretaries to review a recently released draft ecommerce policy, which has drawn severe criticism from many stakeholders. The nascent but booming online retail space has largely been without regulations until a task force led by then commerce secretary Rita Teaotia put together the draft policy. The new group will be chaired by the secretary in the department of industrial poli...


PTI
September 9, 2018
Capital markets regulator SEBI may soon summon ICICI Bank's on-leave CEO Chanda Kochhar and her husband with regard to a probe into alleged regulatory lapses with regard to his business dealings.


BusinessToday.In
September 3, 2018
The board of ICICI Bank has reportedly asked Justice BN Srikrishna panel to cover all property dealings by the Kochhar family since Chanda Kochhar took over as CEO of the bank.


BusinessToday.in
New Delhi, August 31, 2018
Rupee plunges to record low of 71 against US dollarThe Indian rupee collapsed to a fresh record low of 71 against the US dollar for the first time ever by falling 26 paise on persistent demand for the US currency amid rising crude prices, news agency PTI has reported.Rupee is worst performing currency in Asia on year-to-date basis. Rana Kapoor to remain Yes Bank CEO and MD till further notice from RBIPrivate sector lender Yes Bank today said it has received RBI's approval for the ...


BusinessToday.In
August 30, 2018
Kochhar has been on leave since July 19, following an independent probe initiated by ICICI Bank into allegations of conflict of interest levelled against her.


PTI
August 23, 2018
ICICI Bank Chairman GC Chaturvedi said today that the decision on continuance of managing director and CEO Chanda Kochhar will be taken after the Justice B N Srikrishna panel report is finalised, which is likely in two-and-a-half months.


BusinessToday.In
New Delhi, August 23, 2018
Chanda Kochhar to be considered for director's post on ICICI Securities boardICICI Bank CEO and Managing Director Chanda Kochhar has suggested her name for a seat on the Board of Directors of ICICI Securities, the private lender's broking arm. The proposal will be up for consideration during the annual general meeting of ICICI Securities scheduled for August 30.Kochhar is facing scrutiny from several regulatory bodies as well as an internal probe initiated by the ICICI Bank over c...


BusinessToday.In
August 22, 2018
A notice for the AGM by ICICI Securities reads that Kochhar retires by rotation and being eligible, has offered herself for re-appointment. If she is found fit for the position, her re-appointment will be approved by passing an ordinary resolution.


Dipak Mondal
New Delhi, August 20, 2018
With recent frauds shaking investors' trust in corporate governance standards, we look at role, limitations and accountability of independent directors who are custodians of these standards.


PTI
August 15, 2018
Reserve Bank of India (RBI) is examining as to whether banks have followed prudential norms in respect of these stressed assets, a senior public sector bank official said.


PTI
August 9, 2018
Sebi currently has powers to seek call data records (list of people in touch with the caller) of those being probed, but can't intercept calls.


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