tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

ICICI Bank Announces Leadership Change in Compliance

Story Highlights
ICICI Bank Announces Leadership Change in Compliance

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Icici Bank ( (IBN) ) has provided an announcement.

On August 28, 2025, ICICI Bank announced the early retirement of Mr. Subir Saha, the Group Chief Compliance Officer, effective from the close of business on the same day. Mr. Anish Madhavan, an experienced senior management personnel with 29 years in banking and finance, has been appointed as the new GCCO effective August 29, 2025. This leadership change is expected to impact the bank’s compliance operations, given Mr. Madhavan’s extensive background in compliance and financial crime prevention.

The most recent analyst rating on (IBN) stock is a Buy with a $37.00 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 strong financial performance and positive earnings call sentiment are the primary drivers of its score. While technical indicators suggest some bearish trends, the bank’s robust profitability and capital position support a favorable outlook.

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

More about Icici Bank

ICICI Bank Limited is a leading financial institution based in Mumbai, India, primarily operating in the banking and financial services industry. The bank offers a wide range of products and services, including retail banking, corporate banking, and treasury operations, with a significant market focus on both domestic and international clients.

Average Trading Volume: 4,091,897

Technical Sentiment Signal: Buy

Current Market Cap: $115.4B

For detailed information about IBN stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1