INSUBCONTINENT EXCLUSIVE:
Market regulator Securities and Exchange Board of India (Sebi) has initiated a probe into alleged corporate governance breaches at ICICI
Bank, according to a report by ETNow.
The regulator has asked for key documents on all board decisions pertaining to Videocon Group, the
reputational risks.
Other regulatory sanctions are also possible, depending on the outcome of the investigation, Fitch Ratings said in a
controversy after it was revealed that it lent Rs 3,250 crore to Videocon Group, whose promoter Venugopal Dhoot is reported to have links
with Deepak Kochhar, the husband of the bank's CEO Chanda Kochhar.
