The Bombay High Court has declared the arrest of former ICICI Bank MD and CEO Chanda Kochhar and her husband Deepak Kochhar by the Central Bureau of Investigation (CBI) in the ICICI-Videocon loan fraud case as illegal, criticizing the move as “without application of mind and due regard to Continue Reading
Chanda Kochhar, the former CEO of ICICI Bank, and her husband Deepak Kochhar were detained by the CBI on Friday in connection with suspected irregularities in a loan of more than 3,000 crore given to the Videocon Group while she was in charge of the private sector bank. A claim that Chanda Kochhar, 59, had […]Continue Reading