The Bombay High Court permitted Chanda Kochhar to submit a plea on February 6, 2024, challenging the CBI’s arrest of her about certain irregularities in loans given to certain Videocon Group companies. A pair of judges Anuja Prabhudessai and NR Borkar upheld a prior ruling on January 9, 2023, granting her temporary release because her arrest was unlawful.
Chanda and her husband Deepak Kochhar were arrested in December 2023. After the interim bail, the Supreme Court of India directed the high court to expedite the hearing after noting multiple bail extensions.
About Chanda Kochhar
Chanda Kochhar is a prominent Indian banker. She has served as the Managing Director and Chief Executive Officer (CEO) of one of the largest public sector banks, ICICI Bank. Chanda was born on November 17, 1961, in Jodhpur, Rajasthan, India.
Her father, Roopchand Advani, worked as a textile businessman. Chanda Kochhar’s family supported her education and career aspirations, which eventually led her to pursue a successful career in the banking sector.
Kochhar joined ICICI Bank in 1984 and held various positions within the organization before rising to the top leadership role. She played a significant role in shaping the bank’s retail business and was instrumental in its growth and expansion both domestically and internationally.
Under her leadership, ICICI Bank became a major player in the Indian banking industry, offering a wide range of financial services to individuals and businesses. Kochhar’s tenure saw the bank’s expansion into new markets and the introduction of innovative banking products and services.
Chanda Kochhar’s Husband & Children
Chanda Kochhar got married to Deepak Kochhar in 1986. Deepak Kochhar is a businessman and owns multiple businesses. Their marriage has been a significant aspect of Chanda Kochhar’s personal life, and they have been known as a prominent couple in Indian business circles.
Chanda and Deepak Kochhar have been relatively private about their personal life, and details about their family life beyond their immediate family members are not widely known. But the couple has two children a son named Arjun Kochhar and a daughter named Aarti Kochhar.
Chanda Kochhar’s Net Worth 2024
In the year 2022, Financial Express released a report that claimed that Chanda Kochhar has invested heavily in various sectors, such as banks, and also heads many departments. As per the report, she has a net worth of Rs. 24 crore. Her total annual income was close to Rs 5.5 crore, including personal investments worth Rs 13.8 crore and luxury cars worth Rs 1.10 crore.
Chanda Kochhar FAQs
A. Chanda Kochhar is 62 years old.
A. Chanda Kochhar is married to Deepak Kochhar.
A. Chanda Kochhar have two children, a son named Arjun Kochhar and a daughter named Aarti Kochhar.
A. As per the information available Chanda Kochhar had an annual income close to Rs 5.5 crore in the year 2022.
A. As per the reports she has a net worth of Rs. 24 crore in 2022.