`ICICI Bank board gave sanction to prosecute Chanda Kochhar in loan fraud case`

The Central Bureau of Investigation (CBI) on Wednesday told a special court here that it received a sanction from the ICICI Bank`s board to prosecute Chanda Kochhar, the former CEO and MD of the bank, in connection with a case of alleged cheating and irregularities in loans sanctioned by the bank to Videocon Group companies