new Delhi. The CBI on Friday arrested Chanda Kochhar and her husband Deepak Kochhar in a corruption case. Chanda Kochhar and Deepak have been arrested in the Videocon loan case. The sword of arrest was hanging on Chanda Kochhar since the year 2018. Chanda Kochhar is not just an accused, she has been giving the example of Chanda in an era of showing the path of progress to the women of this country. It is an example of how powerful Chanda was and how important her achievements were that Forbes magazine named her among the 100 most powerful women in the world and the second most powerful woman in India after Sonia Gandhi.
Chanda Kochhar and ICICI Bank had become synonymous with each other. Chanda Kochhar’s name is taken for making ICICI Bank one of the best banks at present. She has been the CEO of ICICI Bank, the largest private sector bank. Chanda Kochhar joined ICICI in 1984 at the age of 27 as a Management Trainee. ICICI had not started banking then. The company started banking in the 1990s and since then Chanda Kochhar has been growing steadily. In 10 years, she became the Assistant General Manager. Then in the next 10 years, she also became the Deputy Managing Director in ICICI.
Chanda Kochhar also handled the international business of ICICI. Then held the post of CFO i.e. Chief Financial Officer. Chanda Kochhar became the CEO of ICICI in 2009. Never before had a woman held such a senior position in any bank in India. Under his leadership, the bank also won the award for Excellence in Retail Banking for three years in a row. In the year 2018, an anonymous person complained about Chanda Kochhar. A media group investigated the complaint. It was alleged that Chanda Kochhar gave a loan of 3250 crores to Videocon Group and in return gave benefits to husband Deepak Kochhar. CBI registered the case only then. Chanda Kochhar had resigned from the post of CEO of ICICI Bank after the case was registered. Now she along with her husband has been arrested.