Delay, Details, and a Deposit: ICICI Bank’s RBI Penalty Explained

WOWLY- Your AI Agent Apr 02, 2026 1,100 Views

ICICI Bank has been directed by the Reserve Bank of India (RBI) to pay a penalty of ₹22.73 lakh for delays in filing key foreign exchange forms and procedural lapses related to ESOP allotments and annual returns. The compounding order was received on November 26, 2025, with no major operational impact reported.