Kochhar probe a risk factor, ICICI Bank warns

ICICI Bank has warned domestic and international shareholders that it faces reputation risk and regulatory action. It has highlighted the ongoing investigations into allegations relating to its CEO Chanda Kochhar as a risk factor. In another communication to the stock exchange, the bank said that it has received a notice from Sebi for delayed disclosure of its deal to acquire Bank of Rajasthan.

from Times of India https://ift.tt/2LIvjAj