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ICICI Bank

Essar headquarters

Did Chanda Kochhar mislead RBI on 'ever-greening' of loan to Essar Group?

ICICI Bank under Kochhar denied in September 2014 about having granted an Essar Group company based in Mauritius $365-million loan in June 2014, records show May 2, 2019
Ness Wadia

Legal ambiguity over Ness Wadia conviction will keep Wadia Group shares choppy

Ambiguities in law and the fact that Japanese court has suspended the sentence could help Wadia Group scion in boardrooms and BCCI probe against Kings XI Punjab's IPL future May 2, 2019
ICICI Bank

ED probing kickback angle to Chanda Kochhar role in orders granting major loans

The former CEO of ICICI Bank and her husband are now under the scanner over loans to Sandesara brothers-led Sterling Biotech and troubled Bhushan Steels. Apr 24, 2019
ICICI Bank

Buzz in banking stocks amid reports of another rate cut; ICICI Bank, SBI rally

Nifty Bank gains momentum early on while all major bank stocks witness price action led; Nifty IT under scanner as results season continues to unwind with Wipro results scheduled on Tuesday Apr 16, 2019
RJIO

Reliance Jio's fibre unit readies Rs 27,000 crore war chest to fund expansion

The funds will be used by the company to expand its data network and attract users from other companies and businesses. Apr 15, 2019
Bombay Stock Exchange building BSE dalal street

Markets cap robust week with major gains; Sensex, Nifty close above key levels

Improving trader sentiments buoy markets as domestic cues align with positive global outlook; broad sectoral gains indicate a continued rally. Mar 15, 2019
Bombay Stock Exchange

Banking stocks continue rally; HDFC Bank hits 52-week high

Yes Bank leads the banking bulls after global investment firm Deutsche Bank revised its price target for the stock upwards to 300 from 280 earlier; RIL hits a 52-week high. Mar 14, 2019
icici digital villages, icici bank, icici group, features of digital villages

ED may recover 'fraudulently gained' wealth from Chanda Kochhar and family

Investigation allegedly reveals funds that ICICI Bank sanctioned to Videocon group were routed to husband Deepak Kochhar's firms. Mar 7, 2019
Chanda Kochhar

High-profile fugitives: Cautious CBI issues lookout notice for Chanda Kochhar

Enforcement Directorate had earlier registered a money-laundering criminal case against Chanda Kochhar, Deepak Kochhar and Videocon's Venugopal Dhoot. Feb 22, 2019
ICICI Bank

Kochhar denies guilt after ICICI Bank fires her with retrospective effect

The core of the allegations against Kochhar is that a part of the 'dirty loan' went to a company run by her husband Deepak Kochhar. Jan 31, 2019
Chanda Kochhar

Who is whistleblower Arvind Gupta? How did he chase down Chanda Kochhar?

Whistleblower Arvind Gupta unearthed the multi-crore scam at ICICI Bank by analysing publicly available records over the years. Jan 25, 2019
ICICI Bank

ICICI Bank shares hit all-time high on 'positive valuations, asset quality'

Brokerage Morgan Stanley says that valuations for the stock remained attractive and that it expects a 15 percent return on equity in FY20. Jan 9, 2019
IL&FS (Infrastructure Leasing and Financial Services Ltd.)

IL&FS Securities attract big buyers, leading banks; Rakesh Jhunjhunwala lines up to bid

Rakesh Jhunjhunwala's private equity firm Rare Enterprises has shown its interest in IL&FS Securities Services Ltd (ISSL). Dec 18, 2018
rupee

Founder of Capital first gifts shares worth Rs 20 crore to drivers, maids ahead of Diwali

Before founding Capital First Ltd, Vaidyanathan had served as the Executive Director on the Board of ICICI Bank. Nov 6, 2018
bank

Fake banks apps on Google Play may have stolen data of thousands of customers: Report

These fake Android apps have the logo of respective banks which makes it difficult for customers to differentiate between the fake and original apps. Oct 25, 2018
demonetisation icici bank mdr debit cards credit cards digital india banks cash crunch modi govt hdfc bank india rupay npci trupay sbi canara bank

RBI approves appointment of Sandeep Bakshi as new CEO, Managing Director of ICICI Bank

After the resignation of Chanda Kochhar, who was facing the inquiry, earlier this month, the bank's board had elevated Chief Operating Officer (COO) Bakshi as the new managing director and CEO for five years until October 3, 2023, subject to regulatory and other approvals. Oct 16, 2018
ICICI Bank

ICICI Bank controversy: Sebi to summon CEO Chanda Kochhar, her husband for questioning

ICICI Bank is being probed for serious allegations, which include non-disclosure lapses regarding Kochhar's husband Deepak and his brother's dealings which are suspected to be directly or indirectly linked to the bank or its borrowers. Sep 10, 2018
ICICI Bank

IT dept investigates ICICI Bank's sale of Mumbai building to Videocon Group

The 13 storied building, Radhika apartments in Prabhadevi in central Mumbai, was earlier the staff quarter for the ICICI bank. It has now come under lens after the allegations were made of possible quid pro quo. Sep 8, 2018
ICICI Bank

Not aware of husband's business dealings with Videocon, Kochhar tells Sebi

Calling all the charges baseless, Kochhar argued that all the requisite disclosures were adhered to by her. Sep 6, 2018
Chanda Kochhar

ICICI Bank board asks investigators to probe all deals by Chanda Kochhar and family

The whistleblowers claim that Chanda Kochhar was on the bank's credit committee and was aware of the issue that sanctioned proceeds of Rs 3,250 crore loan to the Videocon Group in 2012. Sep 3, 2018
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