ICICI Bank: Brokerages give thumbsup to Bakhshi's appointment as COO

11 hours ago
Expectation of a change of guard at the helm at ICICI Bank seems to have infused a fresh life into its stock that has gained nearly 2.5 per cent thus far in June, outperforming the S&P BSE Sensex which moved up 0.6 per cent. The banking index on the  ... ...

Root cause of India's banking crisis: A nonexistent corporate bond market

16 hours ago
This quarter, all public sector banks (PSBs) returned losses and many have sunk deeper into the quagmire of bad loans. Even the private sector banks, hitherto considered as poster boys of efficiency, have shown increased nonperforming assets (NPAs) of ... ...

3 foreign investors trim shareholdings in ICICI Bank amid governance concerns

17 hours ago
Mumbai: The troubles for the ICICI Bank Ltd board go beyond appointing a successor to the incumbent chief executive Chanda Kochhar, with India's second largest private bank struggling to retain the faith of foreign portfolio investors. At least three Videocon ... ...

Changes at ICICI Bank: Board sends CEO Chanda Kochhar on leave until probe is over, Sandeep Bakhshi named COO

18 hours ago
India's largest private sector bank ICICI Bank Monday said its Managing Director and CEO Chanda Kochhar, who is facing allegations of quid pro quo and nonadherence of code of conduct and conflict of interest, will go on leave till an independent probe  ... ...

Chanda Kochhar goes on leave, ICICI Bank names Sandeep Bakhshi as COO

21 hours ago
The ICICI Bank board, in its meeting on Monday, appointed ICICI Prudential Life Insurance CEO Sandeep Bakhshi as wholetime director and chief operating officer (COO), creating a new top position at India's second largest private bank, to steer all its  ... ...

ICICI Bank chief Kochhar to be on leave pending enquiry; Bakhshi appointed COO

1 day ago
ICICI Bank today announced that its CEO Chanda Kochhar has decided to go on leave till the completion of an external enquiry into alleged conflict of interest in extending loans to some corporates like Videocon and named Sandeep Bakhshi as the chief  ... ...

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