Letter to BS: Shikha Sharma's case is different from Chanda Kochhar's

The former is being punished for proven inefficiency, but the latter is under cloud for lack of probity

This is with reference to Shyamal Majumdar’s column “Hard knocks for board reputation” (April 12). Perhaps there were persuasive reasons because of which the chairperson of ICICI bank gave Chanda Kochhar, MD & CEO of the bank, a clean chit about the loan sanctioned to Videocon group without feeling the need for an independent enquiry. She has an excellent track record and has made a great contribution in making ICICI one of the best banks. She is seen as a mature top manager who doesn’t make politically correct statements.
 
It is unlikely that she would have participated in the