Cheating, default

CBI has taken first step in ICICI bank case. Wider implications arising out of this case will test the agency’s mettle

ICICI Bank-Videocon Group loan case: The irregularities, transactions that raised alarm

In March 2018, The Indian Express reported about a series of financial transactions and ownership transfers that took place between 2008 and 2013 across companies owned by Venugopal Dhoot and those owned by Deepak Kochhar


Fraud NGO, fake call centre busted in Noida; 13 arrested

The NGO would collect donations apparently to help poor patients and underprivileged children. They would even accept donations online and through mobile wallet but did not give receipts to donors.

GN Bajpai resigns from IL&FS board

Bajpai, who was a former Chairman of Sebi and LIC, resigned with effect from October 30, IL&FS said in a regulatory filing.

In bad company

IL&FS crisis underlines it: There is no alternative to corporate governance reforms.

ICICI Bank, Kochhar face US regulatory probe; Indian agencies may seek foreign help

Sources said the SEC (Securities and Exchange Commission) is actively looking into the matter as ICICI Bank is listed in the US also and it may seek further details from its Indian counterpart the Securities and Exchange Board of India .


Complaint by ICICI insider forced board to probe Chanda Kochhar

On May 30, the bank stated in a regulatory filing that its board has decided to institute an “enquiry” into a new complaint received from an anonymous whistleblower, alleging non-adherence of code of conduct, conflict of interest and quid pro quo by Kochhar while dealing “with certain borrowers”.

ICICI Bank CEO Chanda Kochhar receives notice from SEBI over Videocon loans

ICICI, India's third-biggest lender by assets, is battling allegations that Kochhar allegedly favoured Videocon Group in its lending practices.

Why questions over governance in private banks present such a crucial challenge

While it would be unfair to prejudge some of the cases now in the spotlight, there is a possibility of the debate on the ugly side of capitalism — under attack in the West — playing out in India as well.

ICICI Lombard plans to raise `5,700 cr via IPO

ICICI Bank will get Rs 2,099.40 crore selling 3.17 crore shares, while Fairfax will fetch Rs 3,601.50 crore for its 5.4 crore shares.