ED, I-T department set sights on ICICI Bank-Videocon loan case

Even as ICICI Bank's Board and Chairman MK Sharma have given a clean chit to CEO Chanda Kochhar in the case pertaining to the Rs 3,250 crore loan given to Videocon group, the Enforcement Directorate and Income Tax Department are in the process of collection of relevant files and document from the RBI and SEBI. 

Former chairman of ICICI Bank N Vaghul too defended Kochhar, and clarified that no new loans have been issued to Videocon Group since 2012. He also clarified that the Rs 3,250-crore loan was in fact the "exposure" of ICICI Bank at the time.

The CBI has also questioned a few ICICI Bank officials as part of its preliminary inquiry to find out if any quid pro quo was involved in the bank issuing the loan to the Venugopal Dhoot-led company.

Listen in to this podcast to know the latest in the ICICI Bank-Videocon loan case.