Credit extended to Videocon caused loss of Rs 1,000 cr to ICICI Bank

The credit facilities sanctioned by the ICICI Bank to the Videocon group turned into non-performing assets (NPAs) of more than Rs 1,000 crore, the CBI has claimed in the charge sheet filed against the bank’s former CEO Chanda Kochhar, her husband Deepak Kochhar and Videocon founder Venugopal Dhoot. The over 10,000 pages-long charge… Continue reading Credit extended to Videocon caused loss of Rs 1,000 cr to ICICI Bank