Bank Fraud Case: ICICI Bank’s Chief Summoned By Anti-Fraud Agency

Delhi: ICICI Bank chief Chanda Kochhar and Axis Bank’s Shikha Sharma have been summoned by the anti-fraud agency, SFIO, in a bank fraud case.

The two top bank executives of private banks had been called in the context of the probe in credit extended to Mehul Choksi’s Gitanjali Group by a bank consortium.

Ms Kochhar is the chief executive officer of ICICI bank and Ms Sharma, heads Axis Bank.

ICICI Bank led a consortium of 31 banks that lent money to the Gitanjali Group. Sources indicate the senior officials are only being questioned for clarifications and not as accused in the fraud case.

The CBI also had earlier questioned ICICI Bank Executive Director NS Kanan as part of its probe.

Nearly 20 people have been arrested in bank fraud cases linked to celebrity diamond designer Nirav Modi and his uncle Mehul Choksi by the CBI over the last one month in the Punjab National Bank fraud case.

Stay Connected

19,945FansLike
800FollowersFollow
40FollowersFollow
550FollowersFollow

Must Read

PM Narendra Modi To Address Nation at 6 PM

Delhi: Prime Minister Narendra Modi to address the nation today evening at 6 PM. People are eagerly waiting for Modi's speech. He tweeted “Will...

FIR Registered Against Kangana Ranaut

Bollywood actress Kangana Ranaut has sparked controversy by commenting that the Mumbai feel like Pakistan-occupied Kashmir and compares the Mumbai police with the mafia....

PM Narendra Modi Biopic Producer Threatened On Facebook

PM Narendra Modi Biography movie is going to be re-released in theatres after the coronavirus lockdown date 15th October 2020. The movie co-producer of...

Lakshmi Menon Answers To Fan: I Am Not Single

Lakshmi Menon has starred in several Tamil, Malayalam films Kumki and Pandyanad, She has been away from cinema for a few years after 'Rekka'. Lakshmi...

Related News

Hyderabad Rains: Tollywood Actors Donated Funds For CMRF

Hyderabad: Tollywood Superstars Vijay Deverakonda, Chiranjeevi, Nagarjuna, Jr NTR, and Mahesh Babu have contributions to the relief fund set up by Telangana Chief Minister...

PM Narendra Modi To Address Nation at 6 PM

Delhi: Prime Minister Narendra Modi to address the nation today evening at 6 PM. People are eagerly waiting for Modi's speech. He tweeted “Will...

UAE, Israel Agree On Visa-Free Travel: Benjamin Netanyahu

The UAE and Israel have agreed for visa-free travel for their nationals, Israel Prime Minister Benjamin Netanyahu announced. Israeli PM Benjamin Netanyahu, announced greeted the...

Tamil Nadu Release of ₹10 Crore to Telangana CMRF

Chennai: Tamil Nadu Chief Minister Edappadi K. Palaniswami has announced an immediate contribution of ₹10 crores to the Chief Minister’s Relief Fund of Telangana...

IndiGo will now charge ₹100 Check-in At Airport

India low-fare airline IndiGo will now charge ₹100 service fee per passenger wants to check-in at the airport counters in India from 17 October...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.