Blog

Shares of ICICI Bank will remain in focus after market regulator SEBI has issued a warning letter to the private lender. In a release to the exchanges, ICICI Bank stated, “Securities and Exchange Board of India (SEBI) has, vide its letter dated June 1, 2026 (received on June 2, 2026 at 3.55 p.m.), issued a warning letter to the ICICI Bank Limited (the Bank) as a Custodian for permitting one Foreign Portfolio Investor (FPI) to repatriate the funds prior to the completion of the committed retention period under Voluntary Retention Route in violation of the Reserve Bank of India Master Direction dated January