Videocon loan case: Sebi sends notice to ICICI Bank, Chanda Kochhar

Market regulatory Sebi has served a notice on ICICI Bank CEO and MD Chanda Kochhar on dealings of the bank with Videocon Group and Nupower, an entity in which her husband Deepak Kochhar has economic interests, the private sector l.....»»

Officials said the examination will also cover the disclosures made at the time of Chanda Kochhar being appointed as CEO and Managing Director of the bank for the first time in 2009.....»»

Banker probably faces the toughest challenge of her career over Videocon loan controversy.....»»

Rajeev Kochhar's Avista Advisory is said to have helped ICICI Bank clients recast their foreign loans.....»»

Rajeev Kochhar's Avista Advisory is said to have helped ICICI Bank clients recast their foreign loans.....»»

Rajeev Kochhar's Avista Advisory is said to have helped ICICI Bank clients recast their foreign loans.....»»

The taxman is now studying the nature of activities of NuPower Renewables between 2010-11 and 2015-16.....»»

The RBI had undertaken a scrutiny in mid-2016 after the Prime Minister's Office referred to it allegations of ICICI Bank CEO Chanda Kochhar's husband.....»»

The Securities and Exchange Board of India (Sebi) has initiated an enquiry into the controversial Rs 32.5-billion loan sanctioned to the Videocon group by ICICI Bank, to check for possible lapses in disclosure and corporate govern.....»»

The I-T sources said the replies given to it were not "complete" and lacked full information and Deepak Kochhar has been asked to submit other details by this week.....»»

The NuPower director was asked about the help he extended to Videocon in securing the loan from the ICICI Bank.....»»

Damodaran was responding to queries on whether ICICI CEO Chanda Kochhar should be asked to step down.....»»

According to the agency officials, Rajiv was asked about the role of his Singapore-based company Avista Advisory in the restructuring of loan.....»»

Sources say he was not cooperating fully with the central agency.....»»

we will continue to focus on resolution and recovery, for which we may get some write-back, in addition to reducing our concentration limits, and reducing the corporate loan book, said Chanda Kochhar.....»»

This is the bank's first quarter after allegations of conflict of interest were reported between ICICI Bank Managing Director and Chief Executive Officer Chanda Kochhar and the Videocon group.....»»

Ministry to wait for feedback from RBI, probe agencies in Videocon loan deal.....»»

The case pertains to a possible and alleged tax evasion angle in the ICICI bank issuing a Rs 32.5 billion loan to the Videocon Group in 2012.....»»

Bhuta, who has been associated with NuPower Renewables since its inception, was questioned at the agency headquarters.....»»

The rating agency said ICICI Bank's exposure to the Videocon group is 'in itself not material in the context of its outstanding loan book or capital'.....»»