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Chanda Kochhar, Deepak Kochhar released on bail

The News GlorybyThe News Glory
10/01/2023

Mumbai: Former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar, who were arrested and jailed in a money laundering case, were released on bail today (Tuesday).

The CBI has filed a case against Chanda Kochhar for abuse of power when he was the CEO of ICICI Bank and granted Rs 3,250 crore loan to Videocon Group in violation of rules. Subsequently, Chanda Kochhar and Deepak Kochhar were arrested on 23rd of last month.

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