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ICICI CEO Chanda, Axis CEO Shikha summoned

Tue, Apr 03, 2018, 11:29 AM
ICICI Bank CEO Chanda Kochhar and Axis Bank CEO Shikha Sharma have been summoned by an anti-fraud agency in the fraud case involving jeweller Nirav Modi and his partner and uncle Mehul Choksi. Sharma will appear before the serious fraud investigation office in Mumbai tomorrow. The sources said the two top bank officials were summoned for giving loan facility to Gitanjali Group and would be questioned. ICICI Bank is believed to have extended a loan of Rs 1,000 crore and Axis Bank Rs 700 crore last year to Gitanjali Gems of Choksi.
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