Chanda Kochhar on Thursday quit as the MD and CEO of ICICI Bank. A whistle-blower … NEW DELHI: The CBI on Thursday booked former ICICI Bank head Chanda Kochhar on charges of criminal conspiracy, cheating and abuse of official position for “dishonestly sanctioning loans to the Videocon Group”.

NEW DELHI: The CBI on Thursday booked former ICICI Bank head Chanda Kochhar on charges of criminal conspiracy, cheating and abuse of official position for “dishonestly sanctioning loans to the Videocon Group”. The probe involves the bank and the Videocon group. After promotional interviews by the alleged biopic’s lead actor, Chanda Kochhar’s counsel argued that the film is ‘defamatory’. Chanda Kochhar falls on her sword, but why now?. ICICI Bank CEO Chanda Kochhar’s current term ends in March 2019. Chanda Kochhar will now be asked to depose later this week. Photo: Abhijit Bhatlekar/Mint Finally, Chanda Kochhar did what she should have done earlier Kochhar, who has been at the helm since 2009, will be relieved with with immediate effect. CEO and MD of ICICI Bank Chanda Kochhar. After initial denials, now it has been established by an independent probe that ICICI Bank's ex-CEO Chanda Kochhar had indeed violated the company code of conduct. Kochhar is the chairperson of the board of governors at IIIT Vadodara. She had not appeared before the agency even last week citing health reasons. As per ICICI Bank’s 2016-17 annual report, Kochhar drew a total remuneration of Rs 7.85 crore, amounting to a Rs 2.15 lakh cost-to-company on a daily basis. Chanda Kochhar had moved the high court against ICICI Bank for terminating her employment after it accepted her request for early retirement. Kochhar has been a member of the Prime Minister's Council on Trade & Industry, the Board of Trade and High-Level Committee on Financing Infrastructure. 'Make no mistake, legally Chanda Kochhar was not and still is not obliged to quit.' Chanda Kochhar on Thursday quit as the MD and CEO of ICICI Bank. Eight years ago, when Fortune India put out its first ranking of the Most Powerful Women (MPW) in business in the country, Kochhar perhaps had an inkling she would lead it. Will she come back and complete her term? (Reuters Photo/File) ICICI Bank is in talks with the Securities and Exchange Board of India (Sebi) to settle alleged regulatory lapses involving its managing director and chief executive officer Chanda Kochhar, Videocon group and NuPower Renewables, a company run by Chanda Kochhar’s husband Deepak Kochhar, through the consent … PTI-13 May, 2019. Photo: Abhijit Bhatlekar/Mint Finally, Chanda Kochhar did what she should have done earlier Kochhar, who was the MD of ICICI Bank until last October, is accused in the CBI FIR of allegedly receiving “illegal gratification through her husband, Deepak Kochhar, from … Former ICICI Bank CEO Chanda Kochhar Monday skipped her scheduled appearance before the ED in a money laundering case probe, citing bad health, officials said.

Will she come back and complete her term? ICICI Bank CEO Chanda Kochhar’s current term ends in March 2019. She is also on the boards of the National Institute of Securities Markets and Institute of International Finance. From starting as a management trainee with a paltry pay of about Rs 2,000 a month in 1984, Kochhar is now regarded among the highest-paid professionals in the country. Srikrishna committee has indicted Kochhar. Chanda Kochhar is one of the most popular human being across the country. A committee headed by retired Justice B.N. Chanda Kochhar appears before ED in ICICI-Videocon loan fraud case. Read more about Life after being a CEO: What Chanda Kochhar, Mistry and Sikka are doing on Business Standard. We can easily conclude that Chanda Kochhar is one of the highest net worth business magnate in the world. ICICI Bank and its CEO, Chanda Kochhar, are now at the centre of a controversy about a loan given out by the bank many years ago. Consulting, board memberships, new gigs keep former corporate bosses busy, but they are often under greater scrutiny