{"id":209071,"date":"2019-01-31T14:45:11","date_gmt":"2019-01-31T09:15:11","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=209071"},"modified":"2019-01-31T13:12:02","modified_gmt":"2019-01-31T07:42:02","slug":"justice-b-n-srikrishnas-report-declares-former-ceo-of-icici-bank-chanda-kochhar-guilty-of-violating-banks-code-of-conduct","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2019\/01\/31\/justice-b-n-srikrishnas-report-declares-former-ceo-of-icici-bank-chanda-kochhar-guilty-of-violating-banks-code-of-conduct\/","title":{"rendered":"Justice B N Srikrishna\u2019s report declares former CEO of ICICI Bank Chanda Kochhar guilty of violating Bank&#8217;s Code of Conduct"},"content":{"rendered":"<p style=\"text-align: justify;\">As reported by media, the board of ICICI Bank had appointed Retired Supreme Court Judge, Justice Srikrishna to investigate in regard to the allegations placed against Kochhar. The investigation concluded with Justice Srikrishna finding <strong>Kocchar guilty of violating the lender\u2019s code of conduct<\/strong>.<\/p>\n<p style=\"text-align: justify;\">On 30-01-2019, the board of ICICI Bank released a statement stating that, \u201c<strong>After due deliberations, the Board of Directors decided to treat the separation of Ms Chanda Kochhar from the Bank as a \u2018Termination for Cause\u2019 under the Bank\u2019s internal policies, schemes and the Code of Conduct, with all attendant consequences (including revocation of all her existing and future entitlements such as any unpaid amounts, unpaid bonuses or increments, unvested and vested &amp; unexercised stock options, and medical benefits), and require the clawback of all bonuses paid from April 2009 until March 2018, and to take such further actions as may be warranted in the matter.\u201d<\/strong><\/p>\n<p style=\"text-align: justify;\">[Source: Indianexpress.com]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As reported by media, the board of ICICI Bank had appointed Retired Supreme Court Judge, Justice Srikrishna to investigate in regard to <\/p>\n","protected":false},"author":8808,"featured_media":209073,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8051,2],"tags":[33524,33525,2583,33526],"class_list":["post-209071","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business_news","category-news","tag-chanda-kochhar","tag-icici-bank","tag-Investigation","tag-justice-srikrishna-report"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Justice B N Srikrishna\u2019s report declares former CEO of ICICI Bank Chanda 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