Core Insights - ICICI Bank has been fined INR7.5 million ($85,479) by the Reserve Bank of India (RBI) for non-compliance with regulatory requirements [1][7] - The penalty is related to failures in property valuation and the opening of current accounts [3][4] - This fine follows a previous penalty of INR97.8 lakhs imposed in May 2025 for non-compliance with cybersecurity and KYC directives [5][7] Regulatory Compliance Issues - The RBI's inspection revealed that ICICI Bank did not conduct independent property valuations for certain mortgage loans [3] - The bank also opened and maintained current accounts that did not meet regulatory standards [3][4] - The RBI's action is based solely on compliance shortcomings and does not affect the validity of transactions between the bank and its clients [4] Financial Performance Context - Over the past six months, ICICI Bank's shares have increased by 12.2%, while the industry has seen a rise of 22.3% [5] - ICICI Bank currently holds a Zacks Rank of 3 (Hold) [8]