Chanda Kochhar was on panel that cleared Videocon loan: ICICI Bank chairman MK Sharma - News Summed Up

Chanda Kochhar was on panel that cleared Videocon loan: ICICI Bank chairman MK Sharma


CEO and MD of ICICI Bank Chanda Kochhar. (Reuters file photo) CEO and MD of ICICI Bank Chanda Kochhar. Hence, there was no need for Chanda Kochhar to recuse herself from the committee,” Sharma said at a conference addressing TV channels Thursday. Read | Proxy advisory firms, lawyers: ICICI board needs to look into ethics, conflict of interestSharma said the question of any special benefit to Videocon Group by ICICI Bank did not arise. He said Chanda Kochhar had been making all regulatory disclosures required of her according to the Companies Act and the Banking Act.


Source: Indian Express March 29, 2018 23:16 UTC



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