June 24, 2026 06:46 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
No Hindi, no NEET: Vijay reignites Tamil Nadu's biggest political flashpoints | Messi creates World Cup history with record-breaking double; Mbappe equals Klose's mark hours later | Tech giant Oracle slashes 21,000 jobs while betting big on AI | 'Italy and I never beg': Meloni fires back at Trump over G7 photo claim | No more 'brother': Stalin's formal birthday greeting to Rahul reflects deepening rift | TMC seeks disqualification of 20 rebel MPs, Abhishek says 'membership should go' | Nara Lokesh pitches Andhra Pradesh as investment hub during Kolkata visit, sets $2.4 trillion economy goal | 'Least restrictive option': Setback for Telegram as Delhi HC backs Centre's ban ahead of NEET-UG re-test | Fortuner torched, BJP leaders burnt alive: Sand mining feud ends in triple murder in Chhattisgarh | 'If Modi is the leader and India is attacked, we'll be there': Trump's strong assurance at G7

Fraud investigation body summons top bankers Chanda Kochhar and Shikha Sharma in PNB scam case

| @indiablooms | Mar 06, 2018, at 08:39 pm

Mumbai, Mar 6 (IBNS): The Serious Fraud Investigation Office (SFIO), on Tuesday, summoned ICICI bank MD and CEO Chanda Kochhar and Axis Bank chief Shikha Sharma in relation to the PNB scam case, according to media reports.

The have asked to appear  at SFIO's Mumbai office, reports said.

Kochhar and Sharma have bee summoned regarding the Rs 3,280 crore working capital loan to Mehul Choksi’s Gitanjali group, according to News18.

ICICI, part of the 31-bank consortium that lent money to the Gitanjali Group, had sanctioned a loan of Rs 405 crore.

However, NDTV quoting sources said that the senior officials are only being questioned for clarifications and not as accused in the fraud case.

 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm