ICICI BANK LTD.

ICICI Bank Ltd has received a warning letter from the Securities and Exchange Board of India (SEBI) dated June 1, 2026. The letter, received on June 2, 2026, cites a violation where the bank, acting as a Custodian, allowed a Foreign Portfolio Investor (FPI) to repatriate funds before the committed retention period under the Voluntary Retention Route. This action contravened RBI Master Directions and SEBI FPI Regulations. The bank stated that this incident has no material impact on its financial performance, operations, or other activities. The delay in submitting this disclosure was attributed to an inadvertent internal delay.

ICICI Bank Ltd's Board of Directors approved the appointment of Mr. Ashwani Bhatia as an Additional (Independent) Director, effective from June 1, 2026, to May 31, 2031, subject to shareholder approval. Mr. Bhatia, with DIN 07423221, brings over 40 years of experience in financial markets and banking. He previously served as a Whole Time Member at SEBI and held leadership roles at the State Bank Group, including Managing Director of SBI Funds Management Limited. Mr. Bhatia is not related to any Director of the Bank and is not debarred from holding the office of Director by any regulatory authority.

ICICI Bank Ltd. announced that the Reserve Bank of India (RBI) has approved the re-appointment of Mr. Sandeep Bakhshi (DIN: 00109206) as Managing Director & CEO for a further period of two years, effective from October 4, 2026, to October 3, 2028. This re-appointment is subject to shareholder approval, which will be sought in due course. The initial announcement regarding the Board's unanimous approval for Mr. Bakhshi's re-appointment was made on January 17, 2026.

ICICI Bank announced that Prudential Corporation Holdings Limited, a promoter of ICICI Prudential Life Insurance, will reduce its shareholding to under 10% from the current 21.91% due to Prudential's acquisition of a 75% stake in Bharti Life Insurance. This move is subject to regulatory approvals. ICICI Bank intends to retain its majority shareholding in ICICI Prudential Life Insurance. Prudential has entered into share purchase agreements with Bharti Life Ventures Private Limited, Bharti Life Insurance Company Limited, and 360 One Private Equity Funds to facilitate the transaction.

ICICI Bank Ltd. has received a copy of an RBI letter addressed to HDFC Bank Limited, granting approval for HDFC Bank to acquire an aggregate holding of up to 9.95% of the paid-up share capital or voting rights in ICICI Bank. This acquisition must be completed within one year from the date of the RBI approval letter, or the approval will be cancelled. The approval is subject to certain conditions, including compliance with relevant statutory and regulatory provisions.

SEBI issued an administrative warning to ICICI Bank on May 4, 2026, following a periodic inspection that revealed certain non-compliances related to its activities as a depository participant under the SEBI (Depositories and Participants) Regulations, 2018. The bank is taking corrective action and states that there is no material impact on its financial, operational, or other activities.

Mr. Radhakrishnan Nair (DIN: 07225354) retired as an Independent Director of ICICI Bank Ltd on May 1, 2026, following the completion of his second term. This information was formally disclosed by the company secretary, Prachiti Lalingkar, on May 2, 2026. Copies of the disclosure were also sent to the New York Stock Exchange (NYSE), Singapore Stock Exchange, Japan Securities Dealers Association, and SIX Swiss Exchange Ltd.

ICICI Bank Ltd. announced its financial results for the quarter and financial year ended March 31, 2026. Key highlights include a net interest income growth of 8.4% year-on-year to ₹22,979 crore in Q4-2026, and a net interest margin of 4.32%. The bank's profit after tax grew by 8.5% year-on-year to ₹13,702 crore in Q4 2026 and grew by 6.2% year-on-year to over ₹50,000 crore in FY2026. The Board has recommended a dividend of ₹12 per share for FY2026. The CET-1 ratio was 16.35% and the total capital adequacy ratio was 17.18% as of March 31, 2026.

ICICI Bank Ltd. announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors recommended a dividend of ₹12 per equity share, subject to shareholder approval at the upcoming Annual General Meeting. Key financial highlights include standalone interest earned of ₹43,275.39 crore for Q4 FY26 and ₹169,946.09 crore for FY26. Total income for Q4 FY26 stood at ₹50,584.38 crore, with an operating profit before provisions of ₹18,199.11 crore. The Board also approved the annual renewal of fund-raising limits, allowing for issuances of debt securities up to ₹250 billion in domestic markets and up to USD 1.50 billion in overseas markets for one year. Additionally, the tenure of Mr. G. Srinivas as Group Chief Risk Officer was extended until July 31, 2028.

ICICI Bank's Board of Directors, at its meeting on April 18, 2026, recommended a dividend of ₹12 per equity share for the financial year ended March 31, 2026, subject to shareholder approval at the upcoming Annual General Meeting. The Board also approved the standalone and consolidated audited financial results for the quarter and year ended March 31, 2026. Additionally, it approved the annual renewal of fund-raising limits for debt securities, allowing issuances up to ₹250 billion in domestic markets and USD 1.50 billion in overseas markets. The tenure of Mr. G. Srinivas as Group Chief Risk Officer was extended from August 1, 2026, till July 31, 2028.