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ICICI Bank’s New York Branch Achieves Compliance Milestone

Story Highlights
  • ICICI Bank’s New York Branch enhanced its compliance programs following a 2022 Consent Order.
  • The OCC terminated the Consent Order in March 2025, affirming the branch’s compliance improvements.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ICICI Bank’s New York Branch Achieves Compliance Milestone

An update from Icici Bank ( (IBN) ) is now available.

ICICI Bank’s New York Branch has successfully addressed the requirements set by the Office of the Comptroller of the Currency (OCC) in a Consent Order issued on October 3, 2022, which mandated enhancements to its Bank Secrecy Act/Anti-Money Laundering program and the establishment of a Sanctions Compliance Program. The OCC, satisfied with the corrective measures implemented by the branch, terminated the Consent Order on March 8, 2025, indicating improved compliance and operational soundness.

More about Icici Bank

ICICI Bank Limited is a prominent financial institution in India, primarily engaged in providing a wide range of banking products and services. It operates in various segments such as retail banking, corporate banking, and treasury operations, with a significant presence in both domestic and international markets.

YTD Price Performance: -4.33%

Average Trading Volume: 3,988,920

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $100.8B

See more data about IBN stock on TipRanks’ Stock Analysis page.

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