On Kochhars & Videocon is the ICICI Bank Board itself an NPA?
Outset Disclaimer Neither my family nor me are shareholders of ICICI Bank or Videocon. I do know the Kochhars only on a casual greeting basis when we came across each other on ‘Open & Speech Days’ at the School where our children studied. I did however 14 years ago, in and around 2004, meet up with Deepak Kochhar, at his request through a good common friend, at the Cricket Club of India Swimming Pool Cafe in Mumbai to explore the possibility of advising on his Family’s Equity Portfolio. It did not happen as we disagreed on how India was taking off. I had opined that the next few years would be great & they were, with GDP at 9% & Markets zooming in the 2005-2007 period. There was no further meeting after that In the 1990’s I had a private audience for just five minutes with Mr Dhoot of Videocon, at his request, in his