Chanda Kochhar at ICICI bank: lessons in governance

What is it about?

The case demonstrates the inadequacies of corporate governance in a large bank with global business and shareholding. It shows, how the regulatory system, though slow initially, responds to correct the situation in a market that is gradually evolving. It also shows how a persistent whistle-blower is able to push the rusty bureaucracy of the regulatory system into action through sheer tenacity and diligence. It also shows how the system responded to correct the situation.

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