Coming out in support of ICICI Bank’s CEO and MD Chanda Kochhar, the bank’s board has said that they have full confidence hand faith in her. They further added that there was no conflict of interest in granting of loans to Videocon. The following incident dates back to 2012 when a consortium of 20 banks sanctioned some facilities to Videocon Group. ICICI Bank was responsible for sanctioning the loans to save Videocon Group.
PGurus Editor-in-Chief Sree Iyer was on Newsx on Discussion on ICICI-Videocon ‘Sweet Deal’
NewsX NPA campaign Videocon Group lightens under the scanner of investigative agencies Part 1:
NewsX NPA campaign Videocon Group lightens under the scanner of investigative agencies Part 1:
NewsX NPA campaign Videocon Group lightens under the scanner of investigative agencies Part 1:
Full Video can be watched below:
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How come the executive is still at the helm of affairs, when CBI had started PE against her, Look Out notice has been issued ?
IE with all its legacy of fighting corruption (never free of vested interests) was and still very much is a satellite of the nehruvian eco system. It will enter any scene only to protect the interests of the status quoists. The players may be different but all want the nehruvian eco system to stay at any costs and IE is their hand maiden for achieving the objective! This scan is 100% Pgurus baby and ICICI has been exposed out n out. IE is trying (as it always does) to come to the rescue of the status quoists by throwing red herrings so as to dilute the severity of the matter!