RBI defends its nod for Chanda Kochhar's sacking from ICICI Bank

The bank, while terminating her employment, also denied her remuneration and rescinded the bonuses and stock options given to her from April 2009 to March 2018. She was accused of playing a role in grant of out-of- turn loans of Rs 3,250 crore to Videocon Group, which allegedly benefited her husband, Deepak Kochhar.

from Banking/Finance-Industry-Economic Times https://ift.tt/34zS2TE