Chanda Kochhar's career, marked by pioneering achievements in Indian banking, dramatically collapsed due to corruption allegations. Rising from a management trainee to CEO of ICICI Bank, she earned global recognition before being embroiled in a scandal involving a quid pro quo loan to Videocon. Chanda Kochhar Early Life Chanda Kochhar was born on 17th November 1961 in Jodhpur, Rajasthan, India, into a Hindu Sindhi family. After the early demise of her father, her family moved to Jaipur, where she completed her schooling. From a young age, Chanda showed academic brilliance and a determined personality, traits that would later help her rise through the competitive world of finance. Chanda Kochhar Education Chanda pursued her undergraduate studies in Commerce at Jai Hind College ... Former ICICI Bank CEO and MD Chanda Kochhar has been found guilty of receiving a Rs 64 crore bribe in return for approving a Rs 300 crore loan to the Videocon Group, reported The Times of India. An appellate tribunal gave this ruling in an order dated July 3. The tribunal said that the money was routed through Kochhar’s husband Deepak Kochhar, using a company connected to Videocon. Chanda Kochhar and her husband Deepak Kochhar have been arrested by Central Bureau of Investigation on Friday, 23 December 2022, in a case linked to alleged loan fraud charges.
