ICICI Bank Limited Files Annual Report in Form 20-F

Rhea-AI Summary

ICICI Bank Limited (NYSE: IBN) submitted its annual report in Form 20-F for the fiscal year ending March 31, 2021, on July 30, 2021, in compliance with U.S. securities regulations. The report includes consolidated financial statements prepared under Indian GAAP and reconciles profit after tax and net worth with U.S. GAAP standards, receiving approval from the Audit Committee. Shareholders can access the report through the SEC website or ICICI Bank's investor relations page.

Positive

• Submission of annual report under U.S. regulations indicates transparency.
• Reconciliation of financial statements enhances credibility with international investors.

Negative

• None.

ICICI Bank Limited (NYSE: IBN) filed its annual report in Form 20-F for the year ended March 31, 2021 (FY2021) on July 30, 2021, as required by United States securities regulations. The Form 20-F annual report includes the Bank’s consolidated financial statements under Indian GAAP and a reconciliation of consolidated profit after tax and net worth under Indian GAAP to net income and stockholders’ equity under U.S. GAAP, approved by the Audit Committee of the Board.

Copies of the Form 20-F are available from the United States Securities and Exchange Commission (SEC) website www.sec.gov or via a direct link to the SEC website at "About Us/Investor Relations/SEC Filings" page of ICICI Bank's website:

https://www.sec.gov/Archives/edgar/data/0001103838/000095010321011618/dp152325_20f.htm

Shareholders may obtain a copy of the complete audited financial statements free of charge by writing to Company Secretary, ICICI Bank Limited, ICICI Bank Towers, Bandra Kurla Complex, Mumbai 400051 or sending an e-mail to companysecretary@icicibank.com, with details of their shareholding and mailing address.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210730005586/en/

FAQ

What is the significance of ICICI Bank's Form 20-F filing for IBN?

ICICI Bank's Form 20-F filing is significant as it complies with U.S. securities regulations and provides consolidated financial statements, enhancing transparency for investors.

When did ICICI Bank file its annual report for the fiscal year 2021?

ICICI Bank filed its annual report in Form 20-F on July 30, 2021.

Where can I find ICICI Bank's annual report for FY2021?

ICICI Bank's annual report for FY2021 can be accessed via the SEC website or the investor relations section on ICICI Bank's official website.

What financial standards are used in ICICI Bank's Form 20-F report?

The Form 20-F report includes financial statements under Indian GAAP, alongside a reconciliation to U.S. GAAP.