Chanda Kochhar Guilty in ₹300 Cr Videocon Loan Scandal
An appellate tribunal has determined that former ICICI Bank CEO Chanda Kochhar received a ₹64 crore kickback, channeled through her husband’s firm in exchange for sanctioning a ₹300 crore loan to the Videocon Group. In its July 3 ruling, the appellate court declared the ₹64 crore payment channeled through Deepak Kochhar’s firm, an unmistakable quid‑pro‑quo for approving the ₹300 crore Videocon loan.”…
Vipin