According to the latest kind of upgrade it is important to understand that is special court has already taken cognizance of all the charges that has been filed against the previous chief executive officer of ICICI Bank. This particular incident has been able to Shek the confidence of the entire nation to a great extent because nobody was expecting this to happen at any point of time because ICICI bank is one of the most important in strategic Bank of India and at the same point of time it is very profitable.
It is important to note that the chief executive officer had already made a plan to provide a huge amount of loan to the company of Videocon after taking the charge of becoming the chief executive office of the company and after this particular decision was taken a huge amount of loans were given by ICICI Bank without even a Collateral security to the Videocon group and with the increase in the level of the people getting up to there it basically became impossible to note that this is something which has to be taken into account to with a period of time and people must understand that most of the things have got a lot of potential over the period of time to make good choices and also take proper care over the period of time. This particular scrutiny has been the toughest of balance sheet of the the bank to a great extent that is why nobody wants to get hold of the situation over the period of time.
All of this has already been a plan and it was to be implemented in stages provided the directivate has not taken all of this into scrutiny in the beginning only this would not have been captured and the entire leg of giving loans would have continued to a great extent and this would have been in the position to affect the balance of all the countries over a period of time. It becomes to understand that almost every kind of person need some kind of relaxation and it is only with the help of all these possibilities that something can be done about it in the long run. The banking sector has been affected by a lot of scams like this which has been under taken by some of the potential personalities such as the chief executive officer of the bank and something has to be done about it as soon as possible before it is too late otherwise the matters will complicated to a great extent and their would be no way out to get out of this at any cause.
The type of action that has been taken by the government is definitely what must be done at this point of time because if the people do not know what to do then automatically it will become difficult for them to understand the type of actions which are taken against these people who try to boil it the code of conduct that every person investing in a bank of providing loans to bank must follow at every point of time
