HT has reviewed a copy of an internal ED report, which states that CFL was held jointly by Chanda Kochhar and family (60% of shares) and Videocon (24.7% shares) since 2000-01. read more

The ED, investigating links between former ICICI Bank managing director and chief executive officer Chanda Kochhar and the Videocon Group, has expanded its probe. read more

The Enforcement Directorate (ED) on Monday questioned former ICICI Bank CEO Chanda Kochhar for the fourth consecutive day in the ongoing probe into the alleged irregularities and corrupt practices in sanctioning a Rs 1,875-crore loan by the bank to the... read more

News agency PTI reported that they appeared in ED’s Mumbai office in a case registered under Prevention of Money Laundering Act (PMLA) . read more

The CBI had on January 24 named the the Kochhars and Dhoot as accused in an FIR in the the Rs 3,250 crore loan case. read more

Chanda Kochhar, the first woman CEO of a bank in the country, also said she served the ICICI group for 34 long years “with all my dedication and hard work” and the bank’s latest decision has caused her “immense hurt and pain”. read more

ICICI Bank, India’s third biggest lender, said it will treat Chanda Kochhar’s resignation as “termination for cause” and will stop payment of unpaid benefits, including bonus. read more

Arvind Gupta, who blew the lid on the alleged Videocon loan fraud, said the case registered by CBI against Chanda Kochhar, her husband Deepak Kochhar and Videocon Group head Venugopal Dhoot for criminal conspiracy and fraud is just a good beginning. read more

At Rs 1.5 trillion currently, the mortgage loan-book is half of the bank’s overall retail loan portfolio of around Rs 3 trillion, the bank said. read more

Chanda Kochhar and her family members are facing allegations of quid pro quo and conflict of interest with respect to a loan extended to certain entities. read more

ICICI Bank appointed Sandeep Bakhshi as director and chief operating officer for a period of 5 years. read more

The ministry ordered inspection under Section 206(5) of the Companies Act, 2013 on April 23, 2018 with respect to six companies linked to the ICICI Bank controversy, Union Minister P P Chaudhary said . read more

Last month, the board of ICICI Bank ordered an independent probe into allegations of ‘conflict of interest’ and ‘quid pro quo’ in MD and CEO Chanda Kochhar’s dealing with certain borrowers. read more

Among various independent directors, seasoned banker and former Bank of Baroda chairman and managing director MD Mallya is set to be a front-runner to succeed Sharma. read more

ICICI Bank said the notice was issued based on information furnished by it\/its MD & CEO to diverse queries made by SEBI concerning dealings between the bank and Videocon Group, and certain dealings allegedly between Videocon Group and Nupower. read more