The Reserve Bank of India (RBI) had slapped show cause notices (SCNs) and imposed penalties on the ICICI Bank and certain other banks way back in 2017, for violating various norms, according to a RTI reply, but few of these seemed to have .
Chanda s arrest by the CBI marks yet another grisly end to what could have been a glorious banking career, ranks among several of the high-profile banking scams arising out of the lure of lucre that have rocked the Indian banking industry and she counts among a handful of shining top women bankers to crash under an eclipse of ignominy.
The high-profile, much-talented, discussed, rewarded, awarded and decorated woman banker with a 'Midas touch', the former Managing Director and Chief Executive Officer of the private ICICI Bank, Chanda D. Kochhar, was finally arrested along .