RBI has, vide its letter no. DOR.GOV.No.S2044/08.88.001/2025-26 dated June 12, 2025, approved the re-appointment of Mr. Rakesh Jha as Executive Director of the Bank for a period of two ....

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 as Executive Director for a period of two years, from September 2, 2025 to September 1, 2027. This new term is part of the five-year term that was previously approved by the Bank's Board and shareholders. The Bank had earlier disclosed the proposal on January 25, 2025, and this RBI approval completes the regulatory process.

Likely market impact

This is a continuity announcement — no change in leadership. Shareholders should view this as a routine regulatory approval with no material impact on the stock, as Mr. Jha continues in his existing role.