Chanda Kochhar's conflict of interest? ICICI-Videocon controversy explained

Rs 32.5 bn ICICI bank loan amount was part of Rs 400 bn loans that Videocon group secured from a consortium of 20 banks led by SBI

The Central Bureau of Investigation (CBI) has registered a preliminary enquiry (PE) against ICICI Bank Managing Director (MD) and Chief Executive Officer (CEO) Chanda Kochhar's husband Deepak Kochhar, officials of the Videocon group and others to determine whether any wrongdoing was involved in the sanctioning of Rs 32.5 billion (Rs 3,250 crore) loan to the Videocon Group by the ICICI Bank as part of a consortium of banks in 2012, according to news agency IANS.

Chanda Kochhar, her husband Deepak Kochhar, and Videocon Group Chairman Venugopal Dhoot are caught up in a controversy over ICICI Bank allegedly granting loans