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Chanda didn't know of my tie-up with Venugopal Dhoot: Deepak Kochhar

Tie-up with Dhoot was one of my biggest mistakes, says Deepak Kochhar

BS Reporter 

Deepak Kochhar
Deepak Kochhar

(pictured), promoter of NuPower Renewables, has said his wife, Chanda Kochhar, managing director and chief executive of Bank, was not aware of his 50:50 tie-up in 2008 with group Chairman In an interview with India Today TV, he said he told her about it when the Dhoots resigned from the board after 22 days. He said: “Where is the conflict of interest? Bank will have relationship with all top corporates in India. If I can’t touch any corporate who deals with ICICI, is it fair to me? Can I function like this? I am a Bajaj MBA and a Harvard alumnus. I am an educated professional. Should I sit at home because my wife is CEO of ” Kochhar said allegations were ruining his wife’s career and the family’s reputation. “Tie-up with Dhoot was one of my biggest mistakes,” he said.

First Published: Sat, April 07 2018. 01:57 IST