'I told him I would send the food to his hotel, he said, "No, I want to experience the hospitality".' 'He came and sat and I just kept staring.' 'He said, "Tu baith mere saath".' 'When I sat down with him we both looked up at the glass ceiling. And do you know what we saw?'
Chanda Kochhar, became ICICI's first female CEO in May of 2009 - right in the thick of the global financial crisis - not an easy time to be the boss of a bank.
This is Koneru Humpy's second World Rapid title after she had triumphed in the 2019 edition in Moscow.
The agency has also named companies Nupower Renewables, Supreme Energy, Videocon International Electronics Ltd and Videocon Industries limited as accused in the FIR registered under IPC sections related to criminal conspiracy and provisions of prevention of corruption act.
Indian Grandmaster Arjun Erigaisi opened his campaign with four victories and a solitary defeat in the World Rapid Chess Championship and was tied fifth, even as defending champion Magnus Carlsen endured a frustrating day, managing to log just one victory in New York.
As she begins her second term as MD & CEO, Chanda Kochhar wants the bank to grow more than the industry not by taking on more risk but by building a strong base of customers and shunning the pell-mell marketing of credit card and personal loans to newcomers.
The ICICI board, which consists 12 members, is divided on whether Kochhar should be on leave during the internal enquiry
The bank board had decided to launch an enquiry to be headed by an "independent and credible person", to examine and enquire into an anonymous whistle blower complaint alleging that the bank MD & CEO had not adhered to code of conduct
Sandeep Bakhshi named chief operating officer, who would be handling all the businesses.
Until June 2018, the ICICI Bank board had given a clean chit to Kochhar with full backing and had said there was no question of favouritism, nepotism or conflict of interest on her part in granting loans to Videocon Industries or any other company. However, the stance changed soon after the regulatory and probe agencies initiated enquiry in the matter.
Most legal experts indicate the former ICICI Bank CEO will take the matter to court. Her contention will be she can't be fired and called guilty without proof.
Grandmaster Parimarjan Negi blundered and went down to Sandipan Chanda from a position of strength in the penultimate round of the 14th Dubai International Open chess tournament on Monday. Negi's loss turned out to be a big gain for Chanda as he joined the leader, Latvian Grandmaster Miezis Normunds, on 6.5 points.
Grandmaster Vidit Santosh Gujrathi came good when it mattered most and defeated Marius Monalache of Romania to emerge as the best performing Indian in the Cappelle La Grande International Chess tournament that concluded in Cappelle La Grande, France.
Film folk celebrated Karva Chauth on Sunday with beautiful pictures and messages.
Chief executive officers (CEOs) are known not just for their outstanding capabilities, they are also famous as style icons.
Three new directors including private sector lender ICICI Bank CEO Chanda Kochhar and Citigroup South Asia head Mark Robinson have joined the board of Indian School of Business (ISB).
They remained in joint lead on 3.5 points each after the conclusion of the fourth round of Gibtelecom Masters International Open chess tournament.
'If she contests it, then these people will have to fight it in court.'
We are clearly focused on increasing our loan book in segments such as auto loans, home loans, commercial vehicles finance and corporate loans, says Chanda Kochhar.
The two Indian Grandmasters played out a fighting draw amongst themselves to remain in joint lead after the third round of Gibraltar Chess Congress.
Chanda Kochhar said the only comforting factor is that investors pouring in money into such startups are 'mature'.
The FIDE title is subject to the fulfilment of an 2500 Elo rating.
'At the same time, we will allow unsecured loans to go off.'
Santu Pan, who works for Republic Bangla news channel, was arrested on February 19 on the basis of a complaint by a woman alleging that he had trespassed into her house in Sandeshkhali.
The board also appointed K V KKamath as the non-executive chairman of ICICI Bank, a role being performed by his mentor Narayan Vaghul, who is scheduled to step down once his term ends in March. Vaghul has been with the ICICI group for 24 years.
Chanda Kochhar, Managing Director and Chief Executive Officer of ICICI Bank talks about the education system in India and offers advise on how parents can help in the decision making process of a child's career.
The report concluded that she failed to discharge her fiduciary functions to rescue herself to avoid any conflict of interest.
She received nearly 97.7 per cent of the votes in favour of her re-appointment, while nearly 2.32 per cent votes were cast against her
The second half of the financial year will be an important milestone for ICICI Bank.
Indian Grandmasters Sandipan Chanda and Surya Shekhar Ganguly kept themselves in contention for top honours after drawing with Etienne Bacrot of France and Yuri Kryvoruchko of Ukraine respectively in the seventh round of Fujairah International chess tournament, in Fujaira, UAE, on Tuesday. The Indian duo remained in joint-lead on five points along with the Ukrainian trio of Sergey Fedorchuk, Andrey Sumets and Alexander Moiseenko, Liem Le Quang of Vietnam and Bacrot.
As India successfully lands Chandrayaan-3, does the moon look as beautiful as one's beloved or has the Chanda Mama of folk ditties acquired a whole new meaning?
She said 30 basis points (0.30 per cent) rate cut has already happened.
Kochhar's counsel argued that according to Section 35B (b) of the Banking Regulation Act, prior approval of the RBI is required to terminate the contract of a bank's chairman or managing director. But in this case, the RBI approval came after the termination letter was served.
The proportion of retail assets is higher, so NPAs from that part would be higher, says Kochhar.
In an interview with Business Standard's Shyamal Majumdar and Sidhartha, Kochhar says she is going to focus on the immediate challenge of correcting the cost structure of the country's second largest bank.
The eighth seed was beaten by Venezuelan Maria Vento-Kabchi at the US Open.
Ma Durga might be the city's most celebrated annual visitor, but Kali is the resident Goddess, notes Sandip Roy.
The education system is very examination-oriented but an application of that knowledge is lacking, says Chanda Kochhar.
Chanda Kochhar, the high-profile ex-banker had on November 30 moved the Bombay high court challenging "termination" of her employment by ICICI Bank which also denied her remuneration and clawed back all the bonuses and stock options between April 2009 and March 2018 for her alleged role in granting out of turn loans worth Rs 3,250 crore to the Videocon Group which benefitted her husband Deepak Kochhar. A division Bench of justices Ranjit More and SP Tavade allowed her to implead RBI and directed the apex bank to file its reply by December 16.
