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It is learnt that while the Board has given its go-ahead to prosecute Kochhar, it has said that no wrongful loss was caused to the bank in the loan transaction with Videocon.
MUMBAI: The Bombay High Court on Monday granted bail to former ICICI bank CEO and MD Chanda Kochhar and her husband Deepak Kochhar in the loan fraud case. The couple had filed a petition alleging that it was an illegal arrest. In its interim orders, the division bench of Justice Revati Mohite Dere and Justice Prithvi Raj Chavan stated that the arrests were not in accordance