#BlackDay for banking in India. A major scam has taken place under our noses involving ICICI Bank, Chanda Kochar and Videocon group, and yes they have all gone scot-free!
The whole world is aware that Dhoots of the Videocon groups have huge debt of over 45000 crores which is now been declared an NPA. Their net worth is not even 600 crore
A shareholder of ICICI has alleged that Chanda Kochar facilitated 3910 crore worth of loans to the Dhoots.
In return the Dhoots diverted huge funds into her husband Deepak Kochar firm Nupower
bankingsectornpas.blogspot.in/2016/?m=1
In return the Dhoots diverted huge funds into her husband Deepak Kochar firm Nupower
bankingsectornpas.blogspot.in/2016/?m=1
RBI is said to have begun an investigation on this and had asked the Board to act on Chanda Kochar. Instead the whole Board has shockingly exonerated Kochar!
economictimes.indiatimes.com/industry/banki…
economictimes.indiatimes.com/industry/banki…
RBI should sack the entire board of ICICI for collusion. But will it? Nah! She has friends in the highest places that saved her.
Really sorry day for Indian banking
And yes not a peep in the media of such a big scam at the highest level.
Really sorry day for Indian banking
And yes not a peep in the media of such a big scam at the highest level.
The whole media also knew she was under the scanner for her role in Gitanjali of Mehul Chokshi.But again what are friends for, if not to save each other.
