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Sundaram loses case against ICICI Bank Khushboo Narayan 01:15 AM \| September 26,2008 Sundaram Multi Pap suffered a Rs2.92 crore loss from exotic derivatives contracts that were closed before they matured to cut losses but it did not pay ICICI Bank which, it claimed, had mis-sold “certain foreign exchange derivatives contracts for speculative purposes” FIND MORE ARTICLES ON: Sundaram Multi Pap ICICI Bank International Swaps and Derivatives Association NCS Sugars
NCS Sugars says ICICI has sought out-of-court settlement C.R. Sukumar 02:15 AM \| April 20,2008 NCS has urged the court to declare all the contracts that the company has entered into with the ICICI Bank on foreign exchange transactions as null and void and not binding on the company FIND MORE ARTICLES ON: ICICI Bank NCS Sugars