(Reuters) - ICICI Bank Ltd on Friday denied a media report that said CEO Chanda Kochhar has been asked to go on leave until an independent enquiry on alleged cases of impropriety is concluded.
"The ICICI Bank Board denies having asked Chanda Kochhar to go on leave. She is on her annual leave which was planned in advance," the bank said in a statement. https://reut.rs/2L9Bfxu
The board also "denies it has appointed any search committee to find her successor", the private sector lender said in a statement.
The Mint daily earlier reported that Kochhar has been asked to be on leave until a probe is over.
(Reporting by Vishal Sridhar in Bengaluru; Editing by Gopakumar Warrier)
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
