Kochhar violated bank's code of conduct: Srikrishna panel report

An independent enquiry initiated by ICICI Bank has indicted its former CEO Chanda Kochhar of violation of bank's code of conduct.

By :  migrator
Update: 2019-01-30 13:38 GMT
Chanda Kochhar

New Delhi

The enquiry report submitted by Justice (Retd) B N Srikrishna Wednesday concluded that there was lack of diligence with respect to annual disclosures and violation of code of conduct, on her part.

The board of the bank based on the report has decided to treat her resignation as ‘Termination for Cause' under the bank's internal policies.

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