Centre's director on ICICI board changed amid Videocon row
The government has changed its nominee on private sector lender ICICI Bank's board amid the ongoing Videocon loan row. It has nominated another Joint Secretary-rank official from the Finance Ministry, Lok Ranjan. It is alleged that Videocon Chairman Venugopal Dhoot gave â¹64 crore to the firm of ICICI CEO Chanda Kochhar's husband after Videocon got a â¹3,250-crore loan from ICICI.