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Page 3042 - Business Finance

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Updated On : 02 Aug 2018 | 3:35 PM IST
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Updated On : 02 Aug 2018 | 3:35 PM IST
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Updated On : 02 Aug 2018 | 3:35 PM IST
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Updated On : 02 Aug 2018 | 3:35 PM IST
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Updated On : 02 Aug 2018 | 3:35 PM IST

ICICI Bank chairman Chaturvedi assures of top priority to governance practices

With ICICI Bank facing controversies involving CEO Chanda Kochhar, its newly appointed Chairman Girish Chandra Chaturvedi has assured shareholders that he would give top priority to upholding the best governance practices. He expressed hope that uncertainties would be resolved at the earliest. The bank has appointed an independent enquiry committee on the allegations of quid pro quo and conflict of interest against Kochhar with respect to a loan given to Videocon group. Pending the enquiry, headed by former Supreme Court Judge B N Srikrishna, Kochhar has gone on a long leave from June. In the recent months, the bank has faced questions with regard to governance, Chaturvedi said in the Chairman's message to shareholders in the bank's annual report for 2017-18. "The board of directors have instituted an enquiry to examine issues relating to the same. The scope of enquiry will be comprehensive and we hope to conclude the uncertainties relating to the issue at the earliest," Chaturvedi ...

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Updated On : 02 Aug 2018 | 3:35 PM IST
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Updated On : 02 Aug 2018 | 3:35 PM IST
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Updated On : 02 Aug 2018 | 3:35 PM IST
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Updated On : 02 Aug 2018 | 3:35 PM IST
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Updated On : 02 Aug 2018 | 3:35 PM IST
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Updated On : 02 Aug 2018 | 3:35 PM IST
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Updated On : 02 Aug 2018 | 3:34 PM IST
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Updated On : 02 Aug 2018 | 3:34 PM IST
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Updated On : 02 Aug 2018 | 3:34 PM IST
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Updated On : 02 Aug 2018 | 3:34 PM IST
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Updated On : 02 Aug 2018 | 3:34 PM IST
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Updated On : 02 Aug 2018 | 3:34 PM IST
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Updated On : 02 Aug 2018 | 3:34 PM IST
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Updated On : 02 Aug 2018 | 3:34 PM IST