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Former ICICI Bank CEO Chanda Kochhar to Be Released from Jail

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Last Updated: January 09, 2023, 12:36 IST

The probe agency had arrested Kochhars after questioning them briefly (File photo: IANS)

The probe agency had arrested Kochhars after questioning them briefly (File photo: IANS)

Former ICICI Bank Chief Executive Chanda Kochhar and her husband on Monday got interim relief from an Indian court

Former ICICI Bank Chief Executive Chanda Kochhar and her husband on Monday got interim relief from an Indian court in connection with an alleged loan fraud case involving the bank and Videocon Group, her lawyer said.

The Kochhars were arrested by India’s federal investigating agency last month and will be released from jail following the court order. The High Court of Bombay said the arrests were illegal, sources told Reuters.

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(This story has not been edited by News18 staff and is published from a syndicated news agency feed)

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