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ICICI Bank board says it has full faith in Chanda Kochhar


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damodaran mohan
EXTERNAL AGENCY MUST PROBE ROLE OF CHANDA KOCHAR
by damodaran mohan (View MyPage) 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.

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krishna gurumurthi
Bankers
by krishna gurumurthi (View MyPage) on Mar 30, 2018 01:13 PM

IT SEEMS ALL BANKERS ARE TECHNICAL LOOTERS

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BP Mohanta
loan
by BP Mohanta (View MyPage) 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 .

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dev sak
Re: loan
by dev sak (View MyPage) 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.

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avinash kumar
Chanda kochar must be send in tihaad for life
by avinash kumar (View MyPage) 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

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edgar menezes
.worst bank
by edgar menezes (View MyPage) 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.

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sanjeev shrivastava
Decided
by sanjeev shrivastava (View MyPage) on Mar 29, 2018 05:06 PM  | Hide replies

I will make my children join a bank.

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avinash kumar
Re: Decided
by avinash kumar (View MyPage) on Mar 30, 2018 09:29 AM
To loots deposited money smothly and settle in abroad later ??

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Bharat
ICICI Board : Chanda Kochar and Videocon Deal
by Bharat (View MyPage) 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

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