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  4. ICICI Bank falls on worries about exposure to Jaiprakash group

ICICI Bank falls on worries about exposure to Jaiprakash group

New Delhi: Shares of ICICI Bank fell 3.4 per cent due to bank's exposure to debt-laden Jaiprakash group which is worrying investors.Jaiprakash Power Ventures' deal to sell its hydropower business to Reliance Power (RPOL.NS) has

India TV Business Desk Published : Sep 25, 2014 17:21 IST, Updated : Sep 25, 2014 17:22 IST
icici bank falls on worries about exposure to jaiprakash
icici bank falls on worries about exposure to jaiprakash group

New Delhi: Shares of ICICI Bank fell 3.4 per cent due to bank's exposure to debt-laden Jaiprakash group which is worrying investors.

Jaiprakash Power Ventures' deal to sell its hydropower business to Reliance Power (RPOL.NS) has collapsed.

Also, the Supreme Court on Wednesday de-allocated all the four coal blocks awarded to the group.

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