{"id":24081,"date":"2018-03-07T12:16:19","date_gmt":"2018-03-07T12:16:19","guid":{"rendered":"http:\/\/punjabnews24.com\/?p=24081"},"modified":"2018-03-07T12:16:19","modified_gmt":"2018-03-07T12:16:19","slug":"icici-bank-shares-dip-3-after-senior-officials-summoned-by-sfio","status":"publish","type":"post","link":"https:\/\/blastingskyhawk.com\/english\/icici-bank-shares-dip-3-after-senior-officials-summoned-by-sfio\/","title":{"rendered":"ICICI Bank shares dip 3% after senior officials summoned by SFIO"},"content":{"rendered":"<p>Shares of ICICI Bank on Wednesday slumped over 3% in early morning trade as the bank\u2019s senior officials were summoned by the Serious Fraud Investigation Office (SFIO) with regard to the PNB scam.<\/p>\n<p>It is the sixth straight session of fall for the stock, which has slumped 12.75% since February 26.<\/p>\n<p>Senior officials from private sector lenders ICICI Bank and Axis Bank appeared before SFIO on Tuesday, with regard to a probe into the Rs 12,636-crore PNB swindle.<\/p>\n<p>Shares of ICICI Bank opened on a weak note on Wednesday, and lost further ground to touch an intra-day low of Rs 285.30, down 3.32% over the previous close.<\/p>\n<p>Meanwhile, shares of Axis Bank, which has Rs 200-crore exposure to the scam-tainted companies promoted by Nirav Modi and his uncle Mehul Choksi, also fell 1.20% to hit an intra-day low of Rs 510.55 on BSE.<\/p>\n<p>SFIO has sought information on the accounts of Nirav Modi and Gitanjali groups of companies.<\/p>\n<p>\u201cICICI Bank has no exposure to the Nirav Modi group of companies, nor has it issued any LoU; nor has any buyer\u2019s credit exposure against LoUs with respect to the Nirav Modi group of companies as well as the Gitanjali group of companies,\u201d the ICICI Bank response said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of ICICI Bank on Wednesday slumped over 3% in early morning trade as the bank\u2019s senior officials were summoned by the Serious [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":24082,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[410],"tags":[],"class_list":["post-24081","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/24081","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/comments?post=24081"}],"version-history":[{"count":1,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/24081\/revisions"}],"predecessor-version":[{"id":24083,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/24081\/revisions\/24083"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media\/24082"}],"wp:attachment":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media?parent=24081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/categories?post=24081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/tags?post=24081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}