RBI fines ICICI Bank over compliance breaches

ICICI Bank Limited announced today, November 26, 2025, that it has received a compounding order from the Reserve Bank of India dated November 25, 2025. The order directs the bank to pay a sum of INR 22,73,554. This penalty addresses various contraventions identified by the Foreign Exchange Department, Ahmedabad.

The violations include delays in filing Form FCGPR and Form FCGPR Part B within prescribed timelines, receipt of funds through ineligible payment modes for ESOP allotments to non-residents, and delays in filing Annual Returns of Foreign Liabilities and Assets for five financial years.

The financial impact on ICICI Bank is quantifiable at INR 22,73,554, reflecting the total amount of the fine. The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.