 "Chanda Kochhar, ICICI Bank CEO & MD")
Former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar were arrested by the CBI on Friday as part of its investigation into a money laundering case involving the bank and the Videocon Group.
59-year-old Chanda Kochhar had allegedly favoured Videocon Group, a consumer electronics and oil and gas exploration compnay, in the bank's lending policies. This led to her resignation as CEO and managing director of ICICI Bank in October 2018.
She has been charged with criminal conspiracy and cheating by the CBI for suspected irregularities in a loan of Rs 3,250 crore made to the Videocon
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