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ICICI Bank appoints Sandeep Bakhshi as COO, Chanda Kochhar goes on leave
The board of ICICI Bank has appointed Sandeep Bakhshi whole-time director and chief operating officer (COO) to run the affairs of the private lender. Chanda Kochhar, managing director (MD) & chief executive officer (CEO) will be on leave, pending the probe.
The changes come amid allegations of a quid pro quo in transactions between Videocon Industries, Kochhar and her husband Deepak Kochhar’s company NuPower Renewables. READ MORE
Airlines on budget drive as rising fuel price, falling rupee start to pinch
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