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SOURCE OF INFORMATION : RESERVE BANK OF INDIA WEBSITE & NEWSPAPERS
PERIOD COVERED : 01-AUG-1996 TO 27-AUG-2025

PRIVATE BANKS: DID NOT CARRY OUT VALUATION OF PROPERTIES BY INDEPENDENT VALUERS IN CERTAIN MORTGAGE LOANS

S.No. ENTITY PERSONS REGULATORY CHARGES REGULATORY ACTION(S) / DATE OF ORDER FURTHER DEVELOPMENTS
1
History of entity/person ICICI BANK LTD.
  DID NOT CARRY OUT VALUATION OF PROPERTIES BY INDEPENDENT VALUERS IN CERTAIN MORTGAGE LOANS

OPENED/MAINTAINED CERTAIN CURRENT ACCOUNTS IN CONTRAVENTION OF REGULATORY REQUIREMENTS  
IMPOSED PENALTY RS.75,00,000

07-AUG-2025
 
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
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