Discussion Board

ICICI Bank board says it has full faith in Chanda Kochhar

Total 11 messages Pages | 1
damodaran mohan
by damodaran mohan on Mar 30, 2018 03:19 PM  | Hide replies

Can the bank CH MK Sharma or the Bank Board simply wash off its hands from such a serious case of conflict of interest involving its CEO Chanda Kochar as if nothing had happened? How can the Bank by itself come to the "conclusion that there is no question of any quid pro quo/nepotism/conflict of interest as is being alleged in various rumours,”.This makes no sense because this has to be established through an independent Inquiry as demanded by propriety and not through self-certification! In fact majority of independent advisory firms, lawyers want it looked into by external agencies like in case of Infosys did earlier. The banking experts do feel the ‘role’ played by Chanda Kochar with her husband having a 'conflict of interest' in sanction of the loan to Videocon can be ascertained objectively only through an independent agency as her disclosures in a case she should have ideally recused herself from by itself need to be looked into. Moreover from corporate governance point of view the issue is a bad optics for the bank for its CEO getting dragged into such controversy. Finally Modi govt’s silence even after PMO was informed in 2016 of UPA time case by a whistleblower is what is worrying.

    Forward  |  Report abuse
Message deleted by moderator
krishna gurumurthi
by krishna gurumurthi on Mar 30, 2018 01:13 PM


    Forward  |  Report abuse
BP Mohanta
by BP Mohanta on Mar 30, 2018 11:29 AM  | Hide replies

icici bank is not a govt. bank . if they maintain sebi, and rbi rule and all bank a/c holders and investor not losing their money and fund and getting comfort monetary service . and if the bank capital is ok not run in lose then there is no worry to kochharji because case will be her advantage .

    Forward  |  Report abuse
dev sak
Re: loan
by dev sak on Mar 30, 2018 07:31 PM
I think you might be related or in some sort of inordinate debt of her> She must be sacked man, sacked for misconduct.

   Forward   |   Report abuse
avinash kumar
Chanda kochar must be send in tihaad for life
by avinash kumar on Mar 30, 2018 09:28 AM

Chanda kochar said icici bank just give 10% loan to videocon group amounted 3000 crore means total 30000 crores ghapla there but still not revealing

    Forward  |  Report abuse
edgar menezes
.worst bank
by edgar menezes on Mar 29, 2018 06:30 PM

ICICI Bank is well known for fooling and cheating the customers and protecting their inefficient staff irrespective of complaints against them.

    Forward  |  Report abuse
sanjeev shrivastava
by sanjeev shrivastava on Mar 29, 2018 05:06 PM  | Hide replies

I will make my children join a bank.

    Forward  |  Report abuse
avinash kumar
Re: Decided
by avinash kumar on Mar 30, 2018 09:29 AM
To loots deposited money smothly and settle in abroad later ??

   Forward   |   Report abuse
ICICI Board : Chanda Kochar and Videocon Deal
by Bharat on Mar 29, 2018 04:18 PM

GOI must sack and arrest all ICICI Board Members for deceiving and backing CHANDA KOCHAR on dishonest misconduct as CEO & MD of ICICI Bank

    Forward  |  Report abuse
Total 11 messages Pages: | 1
Write a message