March 6, 2018 2:12 PM
ICICI s Kochhar, Axis Sharma summoned in PNB fraud case
ICICI Bank Chief Chanda Kocchar and Axis Bank Managing Director Shikha Sharma were summoned for interrogation on Tuesday by Serious Fraud Investigation Office (SFIO), Mumbai, in the Punjab National Bank (PNB) scam case. Both the bankers have been summoned in a case of over 5,000 crore rupee working capital facility given to Mehul Choksi's Gitanjali Group by a consortium of 31 banks. The ICICI Bank, with a loan of around 400 crores, was a lead banker in this consortium, while Axis Bank...