Tag: ICICI-Bank

Chanda Kochhar termination: Bombay High Court seeks RBI reply; next hearing on 18 December.

Source – firstpost.com Mumbai: The Bombay High Court on Monday sought responses from the Reserve Bank of India (RBI) on a plea by Chanda Kochhar challenging her termination as the chief executive and managing director of ICICI Bank, months after she voluntarily left the second-largest private sector lender. The high-profile ex-banker had on 30 November moved

Chanda Kochhar takes ICICI Bank to Bombay HC; hearing on December 2.

Source – business-standard.com Chanda Kochhar, ICICI Bank’s former managing director and chief executive officer, has moved the Bombay High Court, challenging the decision of the bank’s board earlier this year to terminate her employment and claw back the bonuses and stock options she received between April 2009 and March 2018. A division Bench of the