New Delhi: Security and Exchange Board of India (Sebi) served a notice to ICICI Bank MD and CEO Chanda Kochhar in connection with the bank’s dealings with Nupower, a company run by her husband, Deepak Kochhar, and the Videocon group.
The regulator has asked ChandaKochhar to respond to matters “relating to alleged non-compliance with certain provisions of the erstwhile listing agreement and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015," ICICI Bank said in a filing with BSE. An appropriate response would be submitted to Sebi, the bank said in the same filing.