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Nonperforming Loans, Conflicts Slow March of India’s Petticoat Banking Brigade
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Nonperforming Loans, Conflicts Slow March of India’s Petticoat Banking Brigade

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Asia Sentinel
Oct 06, 2018
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Nonperforming Loans, Conflicts Slow March of India’s Petticoat Banking Brigade
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The resignation this week of Chanda Kochhar, the chief executive of ICICI Bank, has terminated the impressive career of India’s top woman banker, while illustrating how easy it is to become snared in the country’s crony business world of shady liaisons and deals that straddle the borders of ethics and good corporate practice.

Kochhar, age 56 and widely d…

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