No quid pro quo, ICICI Bank gave loan on merit: Videocon chief

It is alleged that a loan of over Rs 3,000 crore was given to Videocon Group, which in turn pumped money into NuPower Renewables, a firm owned by Deepak Kochhar, husband of ICICI Bank CEO and Managing Director Chanda Kochhar.

from Hindustan Times - business https://ift.tt/2uEWm7s