The former HDFC chairman said ICICI Bank once made an offer to take over the mortgage lender but it was declined. On a podcast with ICICI Bank’s former chief, Chanda Kochhar, he recalled his most memorable experiences with the banking regulator
The CBI's allegations against the Kochhars and others involved the sanctioning of credit facilities in violation of banking regulations and policies.
A division bench of Justices Anuja Prabhudessai and NR Borkar passed the verdict today confirming the interim bail granted to the couple on January 9, 2023, the report added.
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.
In May 2023, a division bench of the Bombay High Court upheld the order of a single judge rejecting her interim application seeking post retirement benefits from ICICI bank.
Videocon Group founder Venugopal Dhoot had during an argument over a flat told Deepak Kochhar, the husband of ICICI bank's former CEO and MD Chanda Kochhar.