The shares of ICICI Bank will remain in focus on Friday after market regulator Sebi issued a warning letter to the private lender as a custodian for allowing one Foreign Portfolio Investor to repatriate funds before the completion of the committed retention period under Voluntary Retention Route.
In an exchange filing released after market hours on Thursday, ICICI Bank said there is no material impact on the company's financials, operations, or other activities, while announcing the Securities and Exchange Board of India’s warning over alleged violation of RBI and market regulator’s rules.
