Markets

Market

News Details

(08/08/2025 18:50)

ICICI Bank - Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure

RBI has, vide its letter dated August 8, 2025, forwarded an Order dated August 7, 2025 passed by the Adjudication Committee of Executive Directors, imposing a monitoring penalty of Rs. 75.00 lakhs on the Bank for i) not carrying out valuation of properties by independent valuers in certain mortgage loans; and ii) opening/maintaining certain current accounts in contravention of extant regulatory requirements.