RPT-Indian central bank fines 19 lenders for non-compliance on SWIFT use [Reuters (UK)]
ICICI Bank Limited (IBN)
US:NYSE Investor Relations:
icicibank.com/aboutus/invest-relations.page
Company Research
Source: Reuters
RPT-Indian central bank fines 19 lenders for non-compliance on SWIFT use | Reuters 3 Min Read (Repeats with no changes to text) * RBI tightened banks’ SWIFT requirements after $2 bln fraud * Fines represent a stern signal -CARE Ratings By Suvashree Choudhury and Abhirup Roy MUMBAI, March 5 (Reuters) - India’s central bank has fined at least 19 lenders, including top banks such as ICICI Bank and State Bank of India, for failing to comply with its guidelines on the use of global payments network SWIFT. The Reserve Bank of India imposed the fines over the past four days, according to stock exchange filings by the banks, though specifics of the non-compliance were not disclosed. Four bankers whose institutions were fined said that most of the issues related either to interpretation of the RBI’s guidelines or minor technical matters. “These are petty, procedural issues like counterparty confirmation and nothing major or structural,” said one banker who is directly aware of the matter but d
Show less
Read more
Impact Snapshot
Event Time:
IBN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
IBN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
IBN alerts
High impacting ICICI Bank Limited news events
Weekly update
A roundup of the hottest topics
IBN
News
- India's ICICI Bank exposed thousands of credit cards to ‘wrong' users [TechCrunch]TechCrunch
- India's ICICI Prudential reports narrower new business margin for FY 2024 [Reuters]Reuters
- Arcelormittal Nippon Steel India in Talks for $1 Billion Loan [BNN Bloomberg (Canada)]BNN Bloomberg
- ICICI Lombard's Q4 profit rises on higher premiums earned [Reuters]Reuters
- India swaps suggest cenbank now likely to hold rates through 2024 [Reuters]Reuters
IBN
Sec Filings
- 4/25/24 - Form 6-K
- 4/19/24 - Form 6-K
- 4/19/24 - Form 6-K
- IBN's page on the SEC website