A man walks by an ICICI Bank Ltd. branch in Mumbai (Photographer: Kuni Takahashi/Bloomberg)
The Central Bureau of Investigation’s first information report in the ICICI Bank Ltd.-Videocon loan case red flagged six high value loans given to Videocon group companies. It alleged a quid pro quo in one of those six cases where money was transferred from Videocon Group entities to a firm promoted by Deepak Kochhar — husband of former ICICI Bank chief executive Chanda Kochhar, soon after a loan was sanctioned.In response to the CBI...