Chanda Kochhar, who took over as ICICI Bank CEO in 2009, sold or transferred her shares in Credential Finance before 2010. Photo: Abhijit Bhatlekar/MintMumbai: Chanda Kochhar and six members of the Kochhar family held shares in a little-known firm called Credential Finance Ltd, along with Videocon group, at least as far back as 2001, regulatory filings show. Credential Finance’s directors since 1995 included Deepak Kochhar as managing director, besides Rajiv Kochhar and sister-in-law of Chanda Kochhar, documents show. Was present in the company till 2009, only in a professional capacity.”Emails and phone queries sent to Rajiv Kochhar, ICICI Bank for Chanda Kochhar, and to Dhoot were not answered despite repeated reminders. Rajiv Kochhar, ICICI Bank CEO Chanda Kochhar’s brother-in-law and promoter of Avista Advisory Group.

Source: Mint April 11, 2018 02:37 UTC