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A New Case Being Registered Against Chanda Kochhar: Check All About Former ICICI MD And Charges She Is Facing - Vimarsana News

A New Case Being Registered Against Chanda Kochhar: Check All About Former ICICI MD And Charges She Is Facing

Lets take a closer look at Chanda Kochhars background and the charges she is facing.

Source: india.com
Chanda Kochhar moves HC over prosecution sanction by ICICI bank board - Vimarsana News

Chanda Kochhar moves HC over prosecution sanction by ICICI bank board

As per the CBI, private sector lender ICICI Bank sanctioned credit facilities of Rs 3,250 crore to Videocon Group firms in violation of the Banking Regulation Act, Reserve Bank of India’s guidelines, and the credit policy of the bank.

Chanda Kochhar moves HC over prosecution sanction by ICICI Bank board - Vimarsana News

Chanda Kochhar moves HC over prosecution sanction by ICICI Bank board

Former ICICI Bank CEO and MD Chanda Kochhar has filed a petition in the Bombay High Court challenging the board's approval to prosecute her in the Videocon loan case. Kochhar alleges that proper procedures were not followed in granting the sanction. She and her husband, arrested in December 2022, were later granted bail by the High Court in January 2023. The ICICI Bank board, acknowledging a possible quid pro quo, passed a resolution on April 22 granting the prosecution sanction.

Chanda Kochhar moves Bombay High Court over prosecution sanction by ICICI bank board - Vimarsana News

Chanda Kochhar moves Bombay High Court over prosecution sanction by ICICI bank board

Former ICICI Bank CEO and MD Chanda Kochhar has moved the Bombay High Court challenging the sanction given by the bank’s board

'Clean Hands' Must For Relief - The Hitavada - Vimarsana News

'Clean Hands' Must For Relief - The Hitavada

      by adv. r. s. agrawal  a supreme court division bench consisting of justices sanjiv khanna and s v n bhatti has affirmed the bombay high court’s november 10, 2023 order which was impugned in appeal filed