chanda kochhar in difficulties
MUMBAI: ICICI Bank has come
down to Videocon-ICICI The Independent inquiry into the scandal has been
announced on Wednesday. According to ICICI, during the regulatory filing, The
bank, which initially dismissed allegations against ICICI Bank CMD Chanda
Kochhar in the dealings of debt, agreed to take up the matter. For
this purpose, a single committee has been appointed. The Bank said in a statement that the violation of the Bank Code and the decisions taken by the bank would have an impact on the bank.
ICICI Bank to probe
Chanda Kochhar in the case of violation of the Bank Code of Conduct. The Bank
Board has set up a special panel for this. Videocon's. At this time, Chanda
Kochhar was allegedly involved in a Rs 3,800-crore loan deal. In 2012, ICICI
Bank gave this loan to Videocon. Venugopal Dhoot, a subsidiary of Videocon Group,
Chandaka's husband Deepak Kochhar and two other relatives formed a company in
2008.
Videocon's loan bill has become a
deterrent by 2017. In contrast to the provisions of the quid proco, the
videoconne group offered support to the Kutcher loan, resulting in allegations
that her family was benefited. The ICICI Board has strongly condemned the
controversy over whether there was any contribution involved in it. The
allegations are untrue and strongly argued that they have full confidence in
the subscription, and in this regard the ICICI Board has also disagreed. Chanda Kochhar husband Deepak and Videocon promoter Venugopal Dhoot are suspects in the case.
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