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Letter to BS: If Chanda Kochhar is innocent, say so boldly

The government might be a minority shareholder in the bank but it still has the responsibility to ensure that all the approaches to deal with the issue are pursued speedily

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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

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