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RBI SHOCK TO TWO BANKS

Mumbai, April 7, (way2newstv.com):
The RBI gave shock to the heads of the two private banks in the country. RBI delaying  to give the bonus at the end of the year to the ICICI Bank CEO Chanda Kochhar, Axis Bank CEO Shikha Sharma and HDFC Bank CEO Aditya Puri .  The RBI has been pushing for the bonuses in the wake of the scams and bank frauds in banks. The CEOs of these banks have not received bonuses for the fiscal year 31 of March 2017. These bonuses were to be received before March 31, 2018. But the RBI does not give any signals on the proposed payments so far. The relevant sources refused to respond to why the RBI would delay it without giving bonuses. The ICICI board has approved a Rs.2.2 crore bonus for the subscription. Shikha Sharma is to receive Rs 1.35 crore bonus. The Exchange Filings reported that Aditya Puri also had to get a bonus of Rs.2.9 crore. However, Axis Bank refused to respond to the issue. HDFC Bank and ICICI Bank officials also did not respond to phone calls or e-mails. The RBI also does not respond to bonuses. 


RBI SHOCK TO TWO BANKS

Chandakottar is facing allegations of serious charges against Videocon. In the case of Quid Pro Co., Rs. 3250 crores were issued to Videocon and allegations that Chandrasekhar's husband Deepak Kochhar was liable for the Videocon Group as part of business dealings. The CBI has already intensified its investigation in this case. On the other hand, the RBI has been reluctant to extend her term of extension in the wake of allegations that she has been accused of sexually abusing her from the first. Fresh bonuses at the end of the year are also delayed. In the last few years, domestic private banks have been facing harsh conditions. Problems such as rising ruthless and lack of corporate governance are biting banks. Earlier this year, RBI had to accept these bonuses before March 31, 2018, Mumbai-based banking analyst Ashok Kumar Mishra said. But so far we have never seen this kind of delay.