It's D-day for ICICI bank Chief Executive Officer Chanda Kochhar. As her deadline to reply to SEBI's show cause notice ends today. After missing the June 7 deadline, Kochhar had sought more time to respond to the notice due to lack of documentary proof supporting the allegations. SEBI had asked Kochhar to reply to the notice over alleged violation of listing of disclosure norms by July 10. SEBI had sent a 12-page show cause notice to ICICI bank and Kochhar on May 23 in relation to disclosures made while giving loans to Videocon group.
