ICICI Bank Block Deal Alert, April 9, 2018

ICICI Bank Block Deal Alert  ⭐ ICICI Bank has 3 crore shares or 0.5 percent equity change hands in two blocks on NSE and BSE. Stock up 0.04 percent at Rs 280.75.                       ⭐ Bank of Baroda has 12.1 lakh shares change hands …

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ICICI Board Is Said to Be Divided Over CEO Kochhar’s Future

Gold Silver Reports – ICICI Board Is Said to Be Divided Over CEO Kochhar’s Future — The board of India’s ICICI Bank Ltd., which less than two weeks earlier expressed full faith in Chief Executive Officer Chanda Kochhar, is divided over whether to ask her to step down as federal authorities investigate allegations of impropriety over loans made to Videocon group, people with knowledge of the matter said.                          

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ICICI Bank Falls As Board Said To Be Divided Over CEO Kochhar’s Future

ICICI Bank Falls As Board Said To Be Divided Over CEO Kochhar’s Future   

Shares of the country’s second-largest private sector lender fell as much as 2 percent to Rs 274.70 as its board is divided over whether to ask her to step down as federal authorities investigate allegations of impropriety over loans made to Videocon group.    

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ICICI Bank On Exposure To Videocon Group

ICICI Bank On Exposure To Videocon Group ✅ In 2012 a consortium sanctioned Rs 40,000 crore to Videocon group. ✅ ICICI Bank’s current exposure to Videocon group is part of this arrangement. ✅ ICICI Bank was not the lead bank for this consortium. ✅ It only sanctioned approximately Rs. 3,250 crore based on Credit …

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