Kochhar Violated Bank’s Code Of Conduct: Srikrishna Panel Report

30 Jan, 2019 19:35 IST|Sakshi
ICICI  Former CEO Chanda Kochhar

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

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.(PTI)

Also Read:CBI Raids Four Locations In Videocon-ICICI Bank Loan Case

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