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Loan fraud case: Court allows CBI to slap stringent charge on Chanda Kochhar

A court on Friday allowed the Central Bureau of Investigation (CBI) to invoke section 409 of the Indian Penal Code against Chanda Kochhar, which provides for life imprisonment as the maximum punishment.

Mumbai, India – Dec 26, 2022: Former MD & CEO of ICICI Bank Chanda Kochhar, leaves after appearing in a special CBI court, at Session Court, in Mumbai, India, on Monday, Dec 26, 2022. (Photo by Bhushan Koyande/HT Photo) (HT PHOTO)
Mumbai, India – Dec 26, 2022: Former MD & CEO of ICICI Bank Chanda Kochhar, leaves after appearing in a special CBI court, at Session Court, in Mumbai, India, on Monday, Dec 26, 2022. (Photo by Bhushan Koyande/HT Photo) (HT PHOTO)
Published on Jan 13, 2023 10:07 PM IST
By, Mumbai

Chanda Kochhar, husband freed from jail in ICICI Bank-Videocon loan fraud case

Chanda Kochhar bail: Bombay HC ruled the arrest of the ex ICICI Bank CEO and MD, and her husband, was not legal.

Chanda Kochhar, former MD and CEO of ICICI Bank, comes out of the Byculla Women's Jail after getting bail, in Mumbai on Tuesday, January 10, 2023. (Bhushan Koyande/HT)
Chanda Kochhar, former MD and CEO of ICICI Bank, comes out of the Byculla Women's Jail after getting bail, in Mumbai on Tuesday, January 10, 2023. (Bhushan Koyande/HT)
Updated on Jan 10, 2023 11:56 AM IST

Decoding ICICI-Videocon loan fraud case in which Chanda Kochhar was arrested

Having joined the private bank as a management trainee in 1984, Chanda Kochhar rose to become the first woman to head a large bank in the country in 2009, having succeeded the then group chairman KV Kamath.

Chanda Kochhar with her husband Deepak Kochhar.(Biplov Bhuyan/HT PHOTO)
Chanda Kochhar with her husband Deepak Kochhar.(Biplov Bhuyan/HT PHOTO)
Published on Jan 09, 2023 01:53 PM IST
By | Written by Aryan Prakash

Chanda Kochhar and husband - arrested in Videocon loan fraud case - to be freed

ICICI Bank Videocon Loan Fraud Case: The couple had earlier sought interim release account of the wedding of their only son, which is scheduled for January 15, and cancellation of remand.

Chanda Kochhar(PTI photo)
Chanda Kochhar(PTI photo)
Updated on Jan 09, 2023 12:33 PM IST

Kochhars, Dhoot sent to 14-day judicial custody in loan fraud case

The CBI has alleged that ICICI Bank had sanctioned credit facilities to the tune of ₹3,250 crore to companies of the Videocon Group promoted by Dhoot in violation of the Banking Regulation Act, RBI guidelines, and credit policy of the bank.

Former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar.(Biplov Bhuyan/HT PHOTO)
Former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar.(Biplov Bhuyan/HT PHOTO)
Published on Dec 29, 2022 01:34 PM IST
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