ICICI Bank CEO Chanda Kochhar. Photo: Abhijit Bhatlekar/MintMumbai: ICICI Bank Ltd stepped up its defence of chief executive officer and managing director Chanda Kochhar, with board chairman M.K. ICICI group through ICICI Prudential Life Insurance owns equity in IiAS. There is a need for an independent third-party verification and also for ICICI Bank to come clean on disclosures,” he said. In his statement, Sharma said that ICICI Bank has replied to the questions of regulators “satisfactorily”, but declined to share any specifics.

Source: Mint March 29, 2018 23:14 UTC