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ICICI Bank goes from backing Chanda Kochhar to reportedly looking for a replacement

ICICI Bank goes from backing Chanda Kochhar to reportedly looking for a replacement

One of India’s most celebrated bankers, Chanda Kochhar, has been in the eye of the storm in the last few months. Kochhar, the managing director and chief executive officer (CEO) of ICICI Bank, the country’s second-largest private sector lender, has faced allegations of nepotism and favouritism in loan disbursal to NuPower Renewables, a firm founded…