ICICI Loan Scam: Chanda Kochhar & Deepak Kochhar released from Mumbai Jails

Mumbai: Former ICICI Bank CEO and MD Chanda Kochhar and her husband Deepak Kochhar were released from a Mumbai jail following bail in a loan fraud case.

Chanda Kochhar came out of the Byculla women’s prison. Deepak Kochhar was released from the Arthur Road prison.

Both of them were granted bail by the Bombay High Court on Monday. The two were in judicial custody after being in CBI remand for about a week.

Kochhars were arrested on December 25 by CBI in connection with the Videocon-ICICI Bank loan case.