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Chanda Kochhar

Chanda Kochhar appears before ED in ICICI-Videocon loan fraud case

Former ICICI CEO Chanda Kochhar is required to assist the investigating officer and her statement will be recorded under the Prevention of Money Laundering Act (PMLA)
The Reserve Bank of India (RBI) logo is displayed on a gate at the central bank's headquarters in Mumbai, India

Monsoon worries are a new headwind for bond rally

Predictions for below-average rain by a private forecast has raised spectre of increasing food costs combining with higher oil prices.
Rashesh Shah, chairman and chief executive officer of Edelweiss Financial Service Ltd

India is a self-correcting country, the bad-loan crisis shows that, says Edelweiss’ Rashesh Shah

Edelweiss co-founder Rashesh Shah says the Indian market is highly volatile but is on a good long-term trend given it's self-correcting tendency.
Bank notes | Getty Images

Top bond holders are trading central govt bonds for state govt debt

Lenders are earning extra returns of 100 basis points as some state govts are borrowing funds at as high as 8.4%.
File image of Chanda Kochhar

Chanda Kochhar, husband appear before ED in connection with ICICI-Videocon case

The ED on Friday conducted searches at the homes and offices of former ICICI bank chief Chanda Kochhar and her husband Deepak, and Videocon Group's Venugopal Dhoot in a bank loan fraud case.
ICICI Bank MD & CEO Chanda Kochhar

ICICI Board must answer for the Chanda Kochhar scandal

The ICICI Bank's directors who helped cultivate former CEO Chanda Kochhar's image of invincibility failed in their duty to uphold governance.
icici

CBI probe in Chanda Kochhar & ICICI case: Reckless adventurism or sincere activism?

Union minister Arun Jaitley recently cautioned the CBI against "investigative adventurism" after it filed an FIR against ICICI Bank Ltd's former CEO Chanda Kochhar, her husband Deepak Kochhar and Videocon Group's Venugopal Dhoot. This after acting CBI director M. Nageswara Rao overturned the investigating officer's recommendation to close the preliminary enquiry against the Kochhars due to lack of evidence. ThePrint asks: CBI probe in Chanda Kochhar & ICICI case: Reckless adventurism or sincere activism? If the accused feels wronged, they can always go to the court and get the FIR quashed D. R. Karthikeyan Former CBI director It is true that the FIR needs to be filed on the basis of specific evidence against specific people -- it shouldn’t be a wild goose chase. The point of a preliminary enquiry is to establish an offence, if any, and look for prima facie evidence. In this particular case, plenty of things needed to have been established...
A screen displays stock news inside the Bombay Stock Exchange (BSE) building in Mumbai, India, on Tuesday, Dec. 11, 2018. India’s new central bank governor has a list of challenges to face as he takes office: from fixing a banking crisis to convincing investors of the institution’s autonomy

Not polls, not oil, but it’s US Fed that’s holding Indian stocks hostage for ICICI AMC

A more dovish Fed could help bring foreign investors back to India, according to Sankaran Naren, chief investment officer at ICICI Pru AMC.
Chanda Kochhar | Commons

Gender or nepotism? Chanda Kochhar exit is media fodder

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On Camera

PM Narendra Modi | Suraj Singh Bisht/ThePrint

4 reasons why Modi remains in the hunt for a second term

Without these 4 factors, Modi & BJP’s fortunes would have been sunk by govt's dismal performance on the economy, jobs & reckless steps like demonetisation.
GoT

Did the last season of Game of Thrones let down its legions of fans?

Many Game of Thrones fans across the world have demanded a remake of the 8th season of Game of Thrones saying the script didn’t match their expectations.

Defence

After 10-year wait, defence ministry to grant ex-servicemen status to military nurses

Military nurses had been seeking to be treated at par with other military officers, including doctors.
Illustration: Soham Sen | ThePrint

If Pragya Thakur wins this Thursday, Modi is in for an embarrassing 5 years

Never has one constituency had such a bearing on Indian nationalism and the pretence of a Gandhian polity. So what if PM Modi doesn’t forgive her in his heart?