BusinessICICI Bank Denies Report On Sending CEO Chanda Kochhar On Leave
ADVERTISEMENT
ICICI Bank Denies Report On Sending CEO Chanda Kochhar On Leave
CEO Kochhar is on her annual leave which was planned in advance: ICICI
ICICI also denies that it has appointed a committee to find her successor
Bank is battling allegations of conflict of interest against her
ICICI also denied that it has appointed any committee to find CEO Chanda Kochhar's successor.
ICICI Bank on Friday denied a recent news report that said CEO Chanda Kochhar has been asked to go on leave until an independent enquiry on alleged cases of impropriety is concluded. "She is on her annual leave which was planned in advance," ICICI Bank, the country's largest private sector bank, said in a clarification to stock exchanges. The Mint newspaper report, citing sources, had also said that Ms Kochhar has been asked to "proc...