Former ICICI Bank Managing Director and CEO Chanda Kochhar is understood to be exploring various legal options following termination of her service by the private sector lender and investigations by government agencies.
According to sources familiar with the development, Kochhar, who is in Mumbai, has been meeting lawyers for a second opinion.
“She has her own legal team, but she is also meeting other experts to get a second opinion,” said a person familiar with the development, adding that she met lawyer Abha Singh recently. Kochhar was unavailable for comment.
“She is fully cooperating with the investigating agencies at present, so there is no requirement for legal recourse as of now. As and when it is required, the issue will be taken up,” said a person familiar with the development.
