Apropos your front page report, Videocon loan case: Govt nominee to stay away from ICICI Bank board meet by Somesh Jha (May 9), the waiting game being played out by the ministry is not helping either the cause of justice or that of governance. By abstaining from three successive board meetings, the government nominee has — perhaps unwittingly — sent a wrong message to stakeholders, particularly to the millions of small depositors, who are shaken by what is going to happen to their life's savings parked in the venerable
institution.
The significant gain in the share price of the company