Chanda Kochhar lived in a flat owned by Videocon Group in Mumbai. Later, the flat was transferred to her family trust (Deepak Kochhar being its managing trustee) for just Rs 11 lakh in October 2016. The actual value of the flat was Rs 5.25 crore.
Credit facilities extended to Videocon caused loss of over Rs 1,000 crore to ICICI Bank: charge sheet in Kochhar case
06/08/2023