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RBI approves extension of ICICI Bank CEO Sandeep Bakhshi’s tenure until 2028

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RBI approves extension of ICICI Bank CEO Sandeep Bakhshi’s tenure until 2028
Icici Bank Ceo Sandeep Bakhshi 

ICICI Bank CEO Sandeep Bakhshi 

India’s private sector bank ICICI Bank has secured clearance from the Reserve Bank of India to re‑appoint Sandeep Bakhshi as CEO for another two‑year term starting October 4, the bank announced on Friday.

* Bakhshi will continue as ICICI’s chief executive until October 3, 2028, according to the bank. In January the board gave its approval for his reappointment, pending RBI clearance.

* ICICI Bank ranks as India’s second‑largest private lender by market capitalisation. Bakhshi has been at the helm since 2018.

* In the previous month the bank reported a standalone net profit of ₹13,702 crore (about $1.43 billion) for the quarter ended March 31, an increase from ₹12,630 crore recorded a year ago.

Published on May 23, 2026

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