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ICICI Bank, Kochhar have replied to show-cause notices, says Sebi

Updated : September 18, 2018 11:08 PM IST

In FY 2012, the bank had, by allegedly flouting its own lending norms extended a Rs 3,250 crore loan to the Videocon group, which has since turned dud for the bank, which is though is not the lead lender.
The bank and Kochhar have been maintaining there had been no regulatory violations on their part and that she was not aware of specific business dealings of her husband.
ICICI Bank, Kochhar have replied to show-cause notices, says Sebi

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