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Sebi favours adjudication proceedings against ICICI Bank, Chanda Kochhar

Updated : June 26, 2018 10:13 AM IST

The adjudication process will convene formally soon after taking into account the replies to the show-cause notices issued by Sebi to ICICI Bank, Kochhar and others in this matter.
Last week, Sebi Chairman Ajay Tyagi had said the regulator is yet to receive a reply from ICICI Bank on the allegations involving Kochhar.
Sebi favours adjudication proceedings against ICICI Bank, Chanda Kochhar
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