May 26, 2018, 09:22AM IST

Source: Times Now

Securities and Exchange Board of India (Sebi) has issued notice to ICICI Bank CEO Chanda Kochhar over bank’s dealings with Nupower, a company run by her husband, Deepak Kochhar, and the Videocon group. It is alleged that Venugopal Dhoot, chairman of Videocon group, had invested Rs 64 crore in NuPower Renewables, a firm owned by Deepak Kochhar. Prior to that, Videocon group had got a Rs 3,240-crore loan from ICICI Bank in 2012. The loan was part of a larger loan that the diversified group got from a consortium of banks, including ICICI Bank.