RBI has, vide its letter no. DOR.GOV.No.S2116/08.88.001/2025-26 dated June 16, 2025, approved the re-appointment of Mr. Sandeep Batra (DIN: 03620913) as Executive Director of the Bank ....
Awaiting price reaction for this filing.
ICICI Bank has received approval from the Reserve Bank of India for the re-appointment of Mr. Sandeep Batra as Executive Director of the Bank. His new term will run for two years, from December 23, 2025 to December 22, 2027. This follows the Bank's earlier disclosure on January 25, 2025 seeking this re-appointment. Shareholder approval for the re-appointment will be sought separately at a later date. Mr. Sandeep Batra will continue in his current role with no break in service.
This is a routine regulatory approval and signals leadership continuity at ICICI Bank for the next two years. It is unlikely to have any material impact on the stock price, as Mr. Batra is an existing Executive Director being re-appointed rather than a new entrant.