'For a responsible person like him to utter such nonsense is shameful.' 'He is not fit to be a director on the RBI central board.'
Earlier, in view of the alleged harassment of customers by ICICI Bank's recovery agents and the judgement of the Supreme Court, the bank was advised by RBI in August to investigate and take action against the recovery agents involved. The bank was also advised to look into the system of appointing and reviewing performance of recovery agents and undertake comprehensive review of customer complaints at the highest levels.
US Exim Bank has agreed to extend guarantee for up to 85 per cent of the $7.2 billion (Rs 33,500 crore) loan that Air India requires for replenishing its fleet with 68 new aircraft from Boeing Co.
RBI had asked banks to price fixed rate loans of up to three years based on marginal cost of funds from April 1
'... not even a moral one, let alone a legal one.' 'Even if it is assumed that Deepak Kochhar tried to influence his wife into doing something dodgy for his 'social acquaintance', why would she do it?' 'By all accounts she has been granted share options in ICICI Bank of a very substantial amount which easily makes her a multi billion-pati.' 'She did not become CEO against some stiff competition by being stupid and concocting devious cock-and-bull renewable energy stories.' S Murlidharan, former managing director, BNP Paribas, unravels the Deepak Kochhar-Videocon controversy.
'While I am personally pained at the raids on Dr Roy's home, I want to ask five questions of those crying themselves hoarse over the attack on the "freedom of the press",' says Sudhir Bisht.
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