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Nirmala Sitharaman To Meet Heads Of Financial Institutions Next Week
Finance Minister Nirmala Sitharaman will meet heads of banks next week to remove friction in credit flow to productive sectors
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Karvy Stock Broking Head Arrested For Fraud, Securities Norms Violation
Hyderabad-based Karvy Stock Broking is accused of raising loans from IndusInd Bank, HDFC Bank, ICICI Bank, and others pledging clients' securities and using the funds as working capital. It has defaulted on several such loans, the police have said.
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Rate-Sensitive Stocks Trade Mixed Ahead Of RBI Policy
RBI Policy: The Reserve Bank of India's (RBI's) six-member Monetary Policy Committee (MPC), headed by the RBI Governor, had its 24th meeting and its last before the expiry of its ongoing four-year term.
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After SBI, Private Banks Line Up To Buy Stakes In Yes Bank
The Union cabinet headed by Prime Minister Narendra Modi approved a rescue plan for Yes Bank, Finance Minister Nirmala Sitharaman said on Friday, as authorities look to prevent a broader banking crisis. The state-owned State Bank of India (SBI), the country's largest lender, will take a 49 per cent stake in Yes Bank, the finance minister said.
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ICICI Bank Deploys Robotic Arms To Count Currency Notes
These Robotic Arms are currently functioning at Mumbai, and Sangli (Maharashtra), New Delhi, Bengaluru and Mangaluru (Karnataka), Jaipur, Hyderabad, Chandigarh, Bhopal, Raipur, Siliguri and Varanasi, said ICICI Bank Head of Operations & Customer Services, Anubhuti Sanghai.
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CBI Officer Probing Chanda Kochhar Case Transferred Day After Complaint
The CBI officer probing the case against former ICICI Bank chief Chanda Kochhar, her husband Deepak Kochhar and Videocon head Venugopal Dhoot, was transferred on Thursday -- a day after a case against them was filed. The agency's move had drawn criticism from Union minister Arun Jaitley, who called it "investigative adventurism" and said it was one...
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All You Need To Know About Case Against Chanda Kochhar: 10 Points
The Central Bureau of Investigation (CBI) has registered a case against the former chief of ICICI bank Chanda Kochhar, her husband Deepak Kochhar, Videocon head Venugopal Dhoot and others over alleged irregularities in loan granted in 2012, when Chanda Kochhar was the chief of the bank. The investigating agency searched the Videocon headquarters in...
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CBI Registers Case Against Chanda Kochhar, Husband: Highlights
The CBI has filed a case against former ICICI bank chief Chanda Kochhar and her husband Deepak Kocchar in connection with a case linked to alleged conflict of interest in the sanctioning of loan. A case has also been filed against Videocon head Venugopal Dhoot.
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Ex-ICICI Bank Boss Chanda Kochhar, Husband Named By CBI In Loan Case
Former ICICI Bank chief Chanda Kochhar have been accused of criminal conspiracy and cheating by the CBI, along with her husband Deepak Kochhar and Videocon head Venugopal Dhoot, in a case linked to alleged irregularities in an over Rs 3,000-crore loan. The investigating agency also searched the Videocon headquarters in Mumbai and Aurangabad in Maha...
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Chanda Kochhar: The Fall Of A Feisty Woman Who Broke The Glass Ceiling
In mid-February, a lobby group chose Chanda Kochhar, the then head of ICICI Bank, for an interactive session with the visiting Canadian prime minister Justin Trudeau. A little over a month later, the toast of the town was battling allegations of impropriety that led to a multi-agency probe and an eventual forced leave-of-absence.
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ICICI Bank's New COO Sandeep Bakhshi Started Career At Bank In 1986
Sandeep Bakhshi has been the managing director and CEO of ICICI Prudential Life Insurance Company since August 1, 2010. During his tenure, ICICI Prudential Life Insurance has been a leading private life insurance company in the country, ICICI Bank said in a statement. Before this role, Mr Bakhshi was the deputy managing director of ICICI Bank. In t...
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ICICI's Chanda Kochhar To Go On Leave, Sandeep Bakhshi Appointed COO
ICICI Bank Ltd said on Monday Chief Executive Chanda Kochhar would go on leave until the completion of an inquiry over an alleged conflict of interest, and named Sandeep Bakhshi, the head of its life insurance unit, as chief operating officer (COO) of the bank
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ICICI Bank Board Meets On Allegations Against CEO Chanda Kochhar: Report
Media reports today said Sandeep Bakshi, who heads ICICI Bank's life insurance arm, may be appointed the interim chief executive.
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ICICI Bank Case: CBI Grills Rajiv Kochhar, Two NuPower Directors. 10 Things To Know
The CBI on Sunday questioned Rajiv Kochhar, brother-in-law of ICICI Bank managing director and chief executive officer Chanda Kochhar, along with 2 directors of NuPower Renewables in connection with a case relating to Rs 3,250 crore loan to the Videocon Group in 2012. The case evoked criticism and questions of corporate governance since, Venugopal ...
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Dreaded Maoist Kundan Pahan Surrenders, Says 'Wasted 20 Years'
Dreaded Maoist leader Kundan Pahan, facing 128 cases including that of murder of senior police officers, and carrying a reward of Rs 15 lakh on his head, has surrendered before the police in Ranchi. The Communist Party of India (Maoist) Jharkhand 'regional committee secretary' is an accused in the killing of special branch inspector Francis Indwar ...
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Nirmala Sitharaman To Meet Heads Of Financial Institutions Next Week
Finance Minister Nirmala Sitharaman will meet heads of banks next week to remove friction in credit flow to productive sectors
-
Karvy Stock Broking Head Arrested For Fraud, Securities Norms Violation
Hyderabad-based Karvy Stock Broking is accused of raising loans from IndusInd Bank, HDFC Bank, ICICI Bank, and others pledging clients' securities and using the funds as working capital. It has defaulted on several such loans, the police have said.
-
Rate-Sensitive Stocks Trade Mixed Ahead Of RBI Policy
RBI Policy: The Reserve Bank of India's (RBI's) six-member Monetary Policy Committee (MPC), headed by the RBI Governor, had its 24th meeting and its last before the expiry of its ongoing four-year term.
-
After SBI, Private Banks Line Up To Buy Stakes In Yes Bank
The Union cabinet headed by Prime Minister Narendra Modi approved a rescue plan for Yes Bank, Finance Minister Nirmala Sitharaman said on Friday, as authorities look to prevent a broader banking crisis. The state-owned State Bank of India (SBI), the country's largest lender, will take a 49 per cent stake in Yes Bank, the finance minister said.
-
ICICI Bank Deploys Robotic Arms To Count Currency Notes
These Robotic Arms are currently functioning at Mumbai, and Sangli (Maharashtra), New Delhi, Bengaluru and Mangaluru (Karnataka), Jaipur, Hyderabad, Chandigarh, Bhopal, Raipur, Siliguri and Varanasi, said ICICI Bank Head of Operations & Customer Services, Anubhuti Sanghai.
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CBI Officer Probing Chanda Kochhar Case Transferred Day After Complaint
The CBI officer probing the case against former ICICI Bank chief Chanda Kochhar, her husband Deepak Kochhar and Videocon head Venugopal Dhoot, was transferred on Thursday -- a day after a case against them was filed. The agency's move had drawn criticism from Union minister Arun Jaitley, who called it "investigative adventurism" and said it was one...
-
All You Need To Know About Case Against Chanda Kochhar: 10 Points
The Central Bureau of Investigation (CBI) has registered a case against the former chief of ICICI bank Chanda Kochhar, her husband Deepak Kochhar, Videocon head Venugopal Dhoot and others over alleged irregularities in loan granted in 2012, when Chanda Kochhar was the chief of the bank. The investigating agency searched the Videocon headquarters in...
-
CBI Registers Case Against Chanda Kochhar, Husband: Highlights
The CBI has filed a case against former ICICI bank chief Chanda Kochhar and her husband Deepak Kocchar in connection with a case linked to alleged conflict of interest in the sanctioning of loan. A case has also been filed against Videocon head Venugopal Dhoot.
-
Ex-ICICI Bank Boss Chanda Kochhar, Husband Named By CBI In Loan Case
Former ICICI Bank chief Chanda Kochhar have been accused of criminal conspiracy and cheating by the CBI, along with her husband Deepak Kochhar and Videocon head Venugopal Dhoot, in a case linked to alleged irregularities in an over Rs 3,000-crore loan. The investigating agency also searched the Videocon headquarters in Mumbai and Aurangabad in Maha...
-
Chanda Kochhar: The Fall Of A Feisty Woman Who Broke The Glass Ceiling
In mid-February, a lobby group chose Chanda Kochhar, the then head of ICICI Bank, for an interactive session with the visiting Canadian prime minister Justin Trudeau. A little over a month later, the toast of the town was battling allegations of impropriety that led to a multi-agency probe and an eventual forced leave-of-absence.
-
ICICI Bank's New COO Sandeep Bakhshi Started Career At Bank In 1986
Sandeep Bakhshi has been the managing director and CEO of ICICI Prudential Life Insurance Company since August 1, 2010. During his tenure, ICICI Prudential Life Insurance has been a leading private life insurance company in the country, ICICI Bank said in a statement. Before this role, Mr Bakhshi was the deputy managing director of ICICI Bank. In t...
-
ICICI's Chanda Kochhar To Go On Leave, Sandeep Bakhshi Appointed COO
ICICI Bank Ltd said on Monday Chief Executive Chanda Kochhar would go on leave until the completion of an inquiry over an alleged conflict of interest, and named Sandeep Bakhshi, the head of its life insurance unit, as chief operating officer (COO) of the bank
-
ICICI Bank Board Meets On Allegations Against CEO Chanda Kochhar: Report
Media reports today said Sandeep Bakshi, who heads ICICI Bank's life insurance arm, may be appointed the interim chief executive.
-
ICICI Bank Case: CBI Grills Rajiv Kochhar, Two NuPower Directors. 10 Things To Know
The CBI on Sunday questioned Rajiv Kochhar, brother-in-law of ICICI Bank managing director and chief executive officer Chanda Kochhar, along with 2 directors of NuPower Renewables in connection with a case relating to Rs 3,250 crore loan to the Videocon Group in 2012. The case evoked criticism and questions of corporate governance since, Venugopal ...
-
Dreaded Maoist Kundan Pahan Surrenders, Says 'Wasted 20 Years'
Dreaded Maoist leader Kundan Pahan, facing 128 cases including that of murder of senior police officers, and carrying a reward of Rs 15 lakh on his head, has surrendered before the police in Ranchi. The Communist Party of India (Maoist) Jharkhand 'regional committee secretary' is an accused in the killing of special branch inspector Francis Indwar ...
