From past 2 months we have been listening and reading about various stories regarding ICICI -Videocon 3250crores loan approval a. ICICI CEO Chanda Kochhar and her husband werebeing blamed on the context ofquid pro quo .Well ICICI Bank issued a press release Wednesday evening saying “there is no question of any quid pro quo/nepotism/conflict of interest as is being alleged in various rumours.” It said the Board “reposes full faith” in Chanda Kochchar and added that “malicious and unfounded rumours” were being spread to “malign the Bank.”But today again it is said that ICICIbank asked its Ceo Chanda Kocchar asked to go ona paid leave in order to protect investers intrest but any way bank has denied saying it was her annual leave and it was plannedbefore .

As per our view common people who trade and invest inICICI shares would be effected with this because bank has initated independent probe on the ceo whileon thispublic feels that"How can any probe against a CEO of the company be "independent" while the CEO is the Chief? This is just a ploy to fool shareholdersand according to the Indian tradition if the allegation is real they should have asked CEO to leave the countrybut anywaybefore umping to the conclusion wherein need to keep fingers crossed till the investigation comes up with the veracity of facts ..........Madam Kochhar has a right to put her point before things come to a final conclusion..............