ICICI Bank yet to answer Sebi on queries relating to Chanda Kochhar
22 Jun 2018 12:10 PM IST
The private bank is facing multiple probes into alleged lapses involving Kochhar and her family members.
India's largest private sector bank by consolidated assets, ICICI Bank on Tuesday announced that it has successfully on-boarded over 250 corporates on its blockchain platform.
Sebi chairman Ajay Tyagi said the regulator is yet to receive reply from ICICI Bank on allegations involving its CEO Chanda Kochhar. The private bank is facing multiple probes into alleged lapses involving Kochhar and her family members with respect to loans extended by the lender to Videocon group.
On a question about whether Sebi was conducting any probe in the alleged violation of code of ethics in ICICI Securities IPO, Tyagi said: “We are looking into that, we have sought some information from them and we are yet to get their reply.”
( Source : financial chronicle )
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