Confirming the order, V Suresh, counsel for ICICI Bank said that the court dismissed the revision petition and allowed the bank to recover Rs 221 crore, with interest from 2010
On Thursday, the counter moved up nearly 3 per cent to Rs 375 levels in intra-day trade, as compared to 0.6 per cent rise in the S& BSE Sensex and 0.7 per cent up move in the S&P BSE Bankex.
Net interest income up 21% to Rs 6,875 cr, other income rises 9% to Rs 3,404 cr
It is alleged that during the tenure of Chanda Kochhar, six loans worth Rs 1,875 crore were cleared for Videocon Group and its associated companies
The stock was down 5% to Rs 338 on Monday, trading at its lowest level since December 11, 2018.
The agency had carried out searches at multiple locations after the charge of the case was given to new investigating officer Mohit Gupta, they said.
CBI has named former ICICI Bank MD & CEO Chanda Kochhar, her husband Deepak Kochhar, Videocon Group promoter Venugopal Dhoot as accused in the ICICI-Videocon loan case
The Central Bureau of Investigation (CBI) on Thursday filed a case of criminal conspiracy and fraud against the Chanda Kochhar and her husband Deepak Kochhar
Chanda Kochhar showed dishonesty by abusing her official position in sanctioning a loan in favour of Videocon International Electronics, the CBI said
Kochhar's alleged conflict of interest came out in the open after media reports referred to the loan granted by ICICI Bank to Videocon Group, whose chairman had business links with her husband
Chanda Kochhar's husband Deepak Kochhar, Videocon group MD Venugopal Dhoot charged too in connection with alleged cheating and irregularities in loans sanctioned by the bank to Videocon group in 2012.
The reappointment is effective from January 19, 2019, ICICI Bank said in a regulatory filing
Former IDBI CEO B Sriram and management consultant Rama Bijapurkar appointed for five years
The stock was up 1.5 per cent at Rs 371, trading close to its record high of Rs 375 touched on November 16, 2018 in intra-day deal on the BSE.
The date of allotment is December 28, 2018, it added
On April 23, the Corporate Affairs Ministry ordered inspection of six companies, including NuPower Renewables
With best-in-class CASA, retail loan portfolios and better quality corporate loans, the banks have found their way back on investors' radar
This fiscal ICICI Bank plans to grow its disbursement of consumer loans by nearly 50 per cent to Rs 50 billion
ICICI Bank hit an all-time high of Rs 366.20, up 1.5 per cent on Wednesday, extending its Tuesday's 2.4 per cent gain on BSE.
Sentiment is upbeat for ICICI Bank; overall valuations will hinge on performance of other businesses