ICICI Bank Surges to 472nd in Trading Volume with 1.84 Billion Shares Traded

On May 20, 2025, ICICI Bank (IBN) saw a significant increase in trading volume, with a total of 1.84 billion shares traded, marking a 66.02% rise from the previous day. This surge placed ICICI Bank at the 472nd position in terms of trading volume for the day.

ICICI Bank recently announced that it has received approval from the Reserve Bank of India (RBI) for the re-appointment of its joint statutory auditors, M/s. B S R & Co. LLP and M/s. C N K & Associates LLP, for the fiscal year 2025-26. This decision, initially approved by the bank’s Board of Directors on April 19, 2025, highlights the bank’s dedication to maintaining strong financial oversight and compliance with regulatory standards. The continuation of these auditors is contingent upon meeting eligibility criteria and obtaining the necessary approvals, reflecting the bank’s emphasis on transparency and accountability in its financial reporting.

This development is likely to instill confidence among investors, as it underscores the bank’s commitment to robust financial management and regulatory compliance. The re-appointment of auditors is a positive signal for the bank’s financial health and operational integrity, which could potentially attract more investors and stabilize the stock price in the long term.