ICICIBANKNSEICICI Bank Limited· BanksHighNeutral
Announced Thu, 12 Jun · 19:41 IST

ICICI Bank Limited has informed the Exchange about intimation of receipt of RBI approval for re-appointment of Mr. Rakesh Jha as Executive Director

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

ICICI Bank has received RBI approval for the re-appointment of Mr. Rakesh Jha (DIN: 00042075) as Executive Director. The renewed term is for two years, from September 2, 2025 to September 1, 2027. This re-appointment falls within the previously approved five-year term by the Board and shareholders. The Bank had earlier disclosed the proposal on January 25, 2025.

Likely market impact

Continuity at the executive leadership level is maintained, which is generally seen as a positive stability signal for shareholders. This is a routine regulatory approval and is unlikely to cause any major movement in the stock price.