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AKASHVANI SAMACHAR BHARTI 2017

Prime Minister's National Relief Fund(PMNRF) and National Defence Fund(NDF)

All donations towards the Prime Minister's National Relief Fund(PMNRF) and the National Defence Fund(NDF) are notified for 100% deduction from taxable income under Section 80G of the Income Tax Act,1961


Persons With Disabilities(Equal Opportunities,Protection of Rights and Full Participation) Act,1995

 Business News Back 

ICICI Bank's board to meet today

ICICI Bank says, its board will meet today to review insolvency cases before National Company Law Tribunal and other routine matters.

This is the first time board will meet after the controversy over alleged conflict of interest involving its CEO Chanda Kochhar and Videocon group broke out. ICICI Bank pointed out that the board meeting is pre-scheduled and routine in nature.

Last week, media reports mentioned the alleged involvement of Kochhar and her family members in a loan provided to Videocon group on quid pro quo basis.

Concerns were also raised about transactions of Videocon group and NUPower Renewables, a company operated by her husband Deepak Kochhar.

The CBI has also questioned few ICICI Bank officials as part of a preliminary enquiry to find if any quid pro quo was involved in the bank's issuance of Rs 3,250-crore loan to the Videocon Group in 2012.


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