Is ICICI bank out of the closet? #BusinessTitBits

Episode 10,   Aug 01, 2018, 09:12 AM

The ICICI bank was involved in deliberate window dressing its accounts. The ICICI bank used a secret software called SYMBOLS, which was used to backdate transactions and avoid the declaration of a loan as bad. The ICICI management under Chanda Kochhar concealed thousands of crores of loss by way of bad loan aided by complicit auditors. Mr. Akhilesh Bhargava, Business Editor, HW Business and Finance take on the matter in the video.