<ul data-eligibleForWebStory="true"><li>The Reserve Bank of India has approved the reappointment of Sandeep Batra as the executive director of ICICI Bank Ltd. for a period of two years.</li><li>Batra's reappointment is subject to approval from the company's shareholders as per an exchange filing on Monday.</li><li>RBI also approved the reappointment of Rakesh Jha as the bank's executive director for a two-year period starting from Sept. 2, 2025.</li><li>In May, RBI penalized ICICI Bank for non-compliance with regulations, imposing a penalty of Rs 97.8 lakh.</li><li>ICICI Bank's shares closed 0.76% higher at Rs 1,426.90 apiece on the NSE, showing a 27.08% rise in the last 12 months and a 11.33% rise year-to-date.</li><li>Of 53 analysts tracking ICICI Bank, 50 have a 'buy' rating on the stock, while three recommend 'hold', with an average price target implying a potential upside of 14.7%.</li></ul>

RBI Approves Reappointment Of Sandeep Batra As ICICI Bank Executive Director

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