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ICBK.NS on National Stock Exchange of India

15 Oct 2018
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Thu, Oct 4 2018


ICICI's scandal-hit Kochhar quits as CEO, Bakhshi gets top job

MUMBAI/BENGALURU ICICI Bank Ltd chief Chanda Kochhar, who has been mired in controversy for months, resigned on Thursday after seeking an early retirement and will be replaced by Sandeep Bakhshi, the Indian private lender said.

UPDATE 2-ICICI's scandal-hit Kochhar quits as CEO, Bakhshi gets top job

* Move removes element of uncertainty, positive for stock -analyst

India's ICICI Bank names Sandeep Bakhshi as CEO, Kochhar to retire

Oct 4 ICICI Bank Ltd said on Thursday it has appointed Sandeep Bakhshi as Chief Executive Officer to replace Chanda Kochhar, who has requested early retirement from the bank.

Indian shares snap 4 sessions of gains; ICICI Bank top drag

Aug 24 Indian shares closed lower on Friday after four straight sessions of gains, as investors took a breather following a record-setting spree.

Indian shares mark record close; BSE index settles above 38,000

Aug 9 Indian shares ended at record closing highs on Thursday, driven by strong gains in financial stocks such as ICICI Bank Ltd and Axis Bank Ltd.

UPDATE 2-Bad loans and bond provisions tip India's ICICI Bank into loss

* Long-serving CEO Kochhar on leave over alleged nepotism charges (Adds more details, Bank of Baroda results)

India's ICICI Bank posts surprise Q1 loss as provisions surge

July 27 ICICI Bank Ltd, India's third-largest lender by assets, reported a surprise first-quarter net loss on Friday on higher provisions for bad loans and treasury losses.

Indian shares end lower; Reliance, ICICI Bank top drags

July 16 Indian shares ended lower on Monday, as a dip in oil prices hurt energy stocks such as Reliance Industries Ltd, while ICICI Bank Ltd fell on reports that the bank has hired a law firm to look into allegations of irregularities in some loan accounts.

India's ICICI Bank names Girish Chandra Chaturvedi as part-time, non-exec chairman

June 29 India's ICICI Bank Ltd said on Friday it appointed Girish Chandra Chaturvedi as part-time, non-executive chairman, effective July 1.

UPDATE 2-ICICI Bank names Bakhshi interim head as CEO Kochhar goes on leave during probe

* Bakhshi, CEO of ICICI Pru Life, named bank COO from June 19

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