Posted inIndia, South Asia

India’s ICICI Bank backs CEO amid charges of favouritism

The board of ICICI, India’s largest private bank, has said it has full faith in its CEO and managing director Chanda Kochhar, despite claims of favoritism and conflict of interest in granting loans to a company with a poor repayment record. The Indian Express has revealed that Venugopal Dhoot of Videocon Group set up a company in December […]

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