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Chanda Kochhar: The rise and fall of India’s celebrated CEO

The fall of Chanda Kochhar, the iconic banking CEO and a poster woman for Indian industry, holds a cautionary tale for the entire business community, writes the BBC’s business correspondent Sameer Hashmi. India’s third-largest lender, ICICI Bank, on Wednesday found the former chief executive guilty of violating internal bank policies and professional misconduct. It was the culmination of an investigation set up by the bank to look into allegations of conflict of interest. It concluded that she had failed to make mandatory disclosures and her actions were not in line with the bank’s internal processes. The bank also announced […]

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