ICICI Bank shuts down operations in Sri Lanka

| | New Delhi
1 2 3 4 5
  • 0

ICICI Bank shuts down operations in Sri Lanka

Saturday, 24 October 2020 | PTI | New Delhi

ICICI Bank shuts down operations in Sri Lanka

ICICI Bank on Saturday said it has shut down operations in Sri Lanka after getting approval from the Sri Lankan monetary authority.

The Monetary Board of the Central Bank of Sri Lanka, having considered the request made by ICICI Bank, has granted approval to close down business operation of the bank in Sri Lanka and cancel the licence issued to it, ICICI Bank said in a regulatory filing.

"The Director of Bank Supervision being satisfied with the bank complying with the terms and conditions imposed by the Monetary Board, the licence issued to the bank to carry on banking business in Sri Lanka is cancelled with effect from October 23, 2020," the private sector lender said.

 

Trending News

more

Sunday Edition

A Sky Full of Wings

16 February 2025 | SAKSHI PRIYA | Agenda

Worlds within the fair

23 February 2025 | SAKSHI PRIYA | Agenda

The royal taste of awadh

23 February 2025 | SAKSHI PRIYA | Agenda

Taste of Purani Dilli in Every Bite

23 February 2025 | Gyaneshwar Dayal/ABHI SINGHAL | Agenda

Vhah: What a festival

23 February 2025 | Gyaneshwar Dayal | Agenda

A Sky Full of Wings

16 February 2025 | SAKSHI PRIYA | Agenda

Worlds within the fair

23 February 2025 | SAKSHI PRIYA | Agenda