Chanda Kochhar elected on the board of ICICI Securities

Chanda Kochhar elected on the board of ICICI Securities

Chanda Kochhar elected on the board of ICICI Securities ICICI Bank, which controls 80% of the stake in ICICI Securities, on Thursday voted in favour of having their (LOA) chief Chanda Kochhar on the board of ICICI Securities. Kochhar, Managing Director & Chief Executive Officer & of ICICI Bank, was earlier sent on leave as the lender launched an independent investigation into the accusations of conflict of interest in the bank advancing large loans to the Videocon group, which allegedly had some relationship with the private lender. Not too long…

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