Back

Jaswanth Jegan

Founder-Hexpertify.c... • 8m

“ICICI CEO demands bribe to sanction Loan” Big Fat Corporate Scandal #1 In 2012, ICICI Bank sanctioned a loan of $500 million under Chanda Kochhar to the Videocon Group.After the loan was sanctioned Videocon group transferred ₹64 crore to NuPower Renewables via Supreme Energy owned by Deepak Kochhar,husband of Chanda Kochhar. Everything went normal until Videocon Group struggled to repay the loan it turned into a non-performing asset.Initially ICICI Bank conducted an internal review and started to suspect Chanda Kochhar.In 2018, as media reports and regulatory scrutiny increased CBI &ED started to investigate. The investigation led to the arrest of Deepak Kochhar & Chanda Kochhar in 2020 &filed an FIR against Venugopal Dhoot.As of now the case is ongoing & Deepak Kochhar remains involved in legal proceedings related to money laundering charges.

9 replies27 likes
3
Replies (9)

More like this

Recommendations from Medial

Image Description
Image Description

Jaswanth Jegan

Founder-Hexpertify.c... • 8m

"Industry Titan to cautionary tale” Billions to bankruptcy #9 Videocon was founded by Venugopal Dhoot in 1986 as a company focused on manufacturing and assembling television.Soon they became well known for affordable and reliable consumer electroni

See More
4 replies5 likes
Image Description
Image Description

LIKHITH

On ne sait Jamais ! • 8m

STAY UPDATED !! ICICI Bank: became the 6th Indian company to cross a market cap of $100 billion. Like and follow for more.

16 replies15 likes
Image Description
Image Description

Great Yash

Making India Great a... • 5m

Attention⚠️ Former congress Spokesperson made an allegation again on SEBI chief Ms. Madhvi buch as even after quitting job from ICICI bank and joining SEBI she used to take some shot of pension from the bank was about 16 crores more or less .

See More
12 replies12 likes
1
Image Description
Image Description

LIKHITH

On ne sait Jamais ! • 8m

STAY UPDATED !! Credit cards usage growing by 22% in india Top 5 players (market share) 1.Hdfc bank = 27% 2.Icici bank = 19% 3.SBI = 15% 4.Axis bank = 11% 5.Kotak bank = 4% Like and follow to stay update & Which Credit card do you have ?

24 replies14 likes
Image Description

Akshay Kumar

Hey I am on Medial • 7m

Could I get a loan from any bank on behalf to start a business/startup...?

1 replies3 likes
Image Description

Medial User

Hey I am on Medial • 6d

Pvt...Bank...nbfc...Any loan any category all area we open details contact us Cibil cases also we handle fees applicable We provided all types of loans pan India * NPA Loan * ⁠Loan Against property * ⁠secured loan * ⁠project loan * ⁠Hospitali

See More
1 replies3 likes
Image Description

Shuvodip Ray

 • 

YouTube • 8m

Videocon was founded in 1979 by Venugopal Dhoot, a man with a vision as big as his name (which, let's be honest, is pretty big). The company started small, like a little seedling in the vast forest of the Indian electronics industry. But it didn't st

See More
1 replies8 likes
1
Image Description
Image Description

LIKHITH

On ne sait Jamais ! • 8m

DID YOU KNOW !! In 1999, ICICI Bank became the first Indian financial institution to list on the New York Stock Exchange (NYSE). Like and follow for more & How many indian companies do you know which is listed on nyse ?

10 replies8 likes
1
Image Description
Image Description

Jaswanth Jegan

Founder-Hexpertify.c... • 8m

[This post has been deleted by the creator]

13 replies9 likes
1
Image Description
Image Description

Saksham

Legal Advisor! • 2m

The only banks I love banking with in India are IDFC, HDFC, ICICI and absolutely hate with Bank of Baroda and especially SBI. Using SBI as your banking partner is the most frustrating thing ever. Absolutely love IDFC. If you want to have peace, go f

See More
4 replies2 likes
1

Download the medial app to read full posts, comements and news.