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Chanda Kochhar resigned from the post of CEO and Managing Director of the bank

They accused the beneficiaries of benefiting

new Delhi. In the Videocon loan case, former CEO and Managing Director Chanda Kochhar has been found guilty in the Independent Investigation of ICICI Bank. The bank said that independent investigation has revealed that Kochhar violated the rules. We will accept his resignation as a rematch.

The bank said that Chanda Kochhar was violating the rules and procedures of ICICI. Board Directors have decided that the separation from Chanda's bank under the internal policy will be considered as a reason for his exclusion. They will not be paid benefits, which also include bonuses.

Resigned last year
Chanda Kochhar resigned from the post of Managing Director and CEO of ICICI Bank in October 2018. Kochhar had appealed to the board to give him a retirement soon, which was approved.

CBI registers FIR this year
CBI had filed an FIR against Chanda Kochhar, her husband Deepak Kochhar and Videocon Group MD Venugopal Dhoot in January 2019. The agency also killed the videocon company's offices in Mumbai-Aurangabad and the raids on the locations of Deepak Kochar