Bombay HC grants Deepak Kochhar bail in ED case

The Bombay high court on Thursday granted bail to Deepak Kochhar, husband of former ICICI Bank CEO Chanda Kochhar, in a money laundering case under investigation by the Enforcement Directorate (ED). As he directed Kochhar’s release on a personal bond of Rs 3 lakh, Justice P D Naik observed that a loan of Rs 300 crore was repaid in its entirety to ICICI Bank and no loss was caused to it.

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