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    HomeNewsBusinessCompaniesICICI Bank includes Rs 5bn loan to media company in NPA

    ICICI Bank includes Rs 5bn loan to media company in NPA

    ICICI Bank has included a 5 billion rupee loan to a media company in its July-September non-performing assets breakdown, the CEO of the Indian lender, Chanda Kochhar, said in a conference call after its results.

    October 26, 2012 / 14:19 IST
       
       
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      ICICI Bank has included a 5 billion rupee loan to a media company in its July-September non-performing assets breakdown, the CEO of the Indian lender, Chanda Kochhar, said in a conference call after its results.


      Although Kochhar did not name the media company, traders widely identified it as Deccan Chronicle Holdings Ltd , estimating the size of the exposure cited by her was similar to the amount they believe ICICI Bank has lent to the company.

      first published: Oct 26, 2012 01:42 pm

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