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ICICI Bank Secures RBI Approval for ADR Voting Rights Amendment

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ICICI Bank Secures RBI Approval for ADR Voting Rights Amendment

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The latest announcement is out from Icici Bank ( (IBN) ).

ICICI Bank Limited announced that the Reserve Bank of India (RBI) approved an amendment to its ADR Deposit Agreement, allowing registered American Depository Shares (ADS) holders to exercise voting rights. This approval, communicated on October 31, 2025, is contingent upon the ADS holders demonstrating compliance with Section 12B of the Banking Regulation Act, 1949, and relevant guidelines. This development could enhance shareholder engagement and potentially impact the bank’s governance structure.

The most recent analyst rating on (IBN) stock is a Buy with a $34.00 price target. To see the full list of analyst forecasts on Icici Bank stock, see the IBN Stock Forecast page.

Spark’s Take on IBN Stock

According to Spark, TipRanks’ AI Analyst, IBN is a Outperform.

Icici Bank’s overall score is driven by strong financial performance and a positive earnings call, indicating robust profitability and growth. However, liquidity challenges and neutral technical indicators slightly temper the outlook.

To see Spark’s full report on IBN stock, click here.

More about Icici Bank

ICICI Bank Limited is a prominent financial institution based in Mumbai, India, operating in the banking industry. It provides a wide range of financial services including banking, investment, and insurance products, primarily focusing on both retail and corporate customers in the Indian market.

Average Trading Volume: 4,415,248

Technical Sentiment Signal: Buy

Current Market Cap: $108.3B

Learn more about IBN stock on TipRanks’ Stock Analysis page.

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