Chanda and Deepak Kochhar were arrested by the CBI on Friday night after a brief questioning session and had been remanded to the custody of the agency till December 26.
The probe agency produced all three accused before special CBI Judge AS Sayyad. Officials from the CBI were spotted bringing the case documents and evidences in a bag to the court on Monday.
The special public prosecutor (SPP) told the court the Videocon founder is the ultimate beneficiary of the loan (granted by ICICI) and the amount of Rs 1,033 crore was yet to be paid.
The probe agency has alleged a sanctioning committee headed by Chanda Kochhar, in 2009, sanctioned a term loan of Rs 300 crore to Videocon International Electronics Ltd in contravention of the rules and policies of the bank by abusing her official position as a public servant.
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