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ICICI Bank Ltd.

BSE: 532174 | NSE: ICICIBANK |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE090A01021 | SECTOR: Banks - Private Sector

BSE Live

Sep 21, 16:00
711.25 1.20 (0.17%)
Volume
AVERAGE VOLUME
5-Day
243,465
10-Day
179,784
30-Day
210,794
365,818
  • Prev. Close

    710.05

  • Open Price

    710.00

  • Bid Price (Qty.)

    712.10 (34)

  • Offer Price (Qty.)

    713.90 (12)

NSE Live

Sep 21, 16:06
711.85 1.85 (0.26%)
Volume
AVERAGE VOLUME
5-Day
10,904,397
10-Day
8,633,590
30-Day
9,844,868
10,009,615
  • Prev. Close

    710.00

  • Open Price

    711.15

  • Bid Price (Qty.)

    711.85 (3048)

  • Offer Price (Qty.)

    0.00 (0)

Annual Report

For Year :
2019 2018 2017 2016 2015 2014 2013 2012 2011

Auditor's Report

1. We have audited the attached Balance Sheet of ICICI Bank Limited (the Bank) as at March 31, 2009 and also the Profit and Loss Account and the Cash Flow Statement for the year then ended, both annexed thereto. These financial statements are the responsibility of the Banks management. Our responsibility is to express an opinion on these financial statements based on our audit. Incorporated in the said financial statements are the returns of the Singapore, Bahrain and Hong Kong branches of the Bank, audited by other auditors. 2. We conducted our audit in accordance with auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatements. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by the management, as well as evaluating the overall financial statements presentation. We believe that our audit provides a reasonable basis for our opinion. 3. We did not audit the financial statements of the Singapore, Bahrain and Hong Kong branches of the Bank, whose financial statements reflect total assets of Rs 812,373.4 million as at March 31, 2009, total revenues of Rs 46,276.6 million and cash flows of Rs (4,607.5) million for the year then ended. These financial statements have been audited by other auditors, duly qualified to act as auditors in the country of incorporation of the said branches, whose reports have been furnished to us, and which were relied upon by us for our opinion on the financial statements of the Bank. 4. The Balance Sheet and the Profit and Loss Account have been drawn up in accordance with the provisions of Section 29 of the Banking Regulation Act, 1949 read with Section 211(1), (2) and (3C) of the Companies Act, 1956, 5. We report that: i) we have obtained all the information and explanations which, to the best of our knowledge and belief, were necessary for the purpose of our audit and have found them to be satisfactory; ii) the transactions of the Bank, which have come to our notice, have been within the powers of the Bank; iii) the returns received from the offices and branches of the Bank have been found adequate for the purposes of our audit. 6. In our opinion, the Balance Sheet, the Profit and Loss Account and the Cash Flow Statement dealt with by this report comply with the accounting principles generally accepted in India including Accounting Standards referred to in subsection (3C) of section 211 of the Companies Act, 1956, to the extent they are not inconsistent with the accounting policies prescribed by the Reserve Bank of India. 7. We further report that: i) the Balance Sheet, Profit and Loss Account and Cash Flow Statement dealt with by this report are in agreement with the books of account and the returns; ii) in our opinion, proper books of account as required by law have been kept by the Bank so far as appears from our examination of those books; iii) the reports on the financial statements of the Singapore, Bahrain and Hong Kong branches audited by other auditors have been dealt with in preparing our report in the manner considered appropriate by us; iv) as per information and explanation given to us the Central Government has, till date, not prescribed any cess payable under Section 441A of the Companies Act, 1956. v) on the basis of written representations received from the directors, as on March 31, 2009, and taken on record by the Board of Directors, we report that none of the directors is disqualified as on March 31, 2009 from being appointed as a director in terms of clause (g) of sub-section (1) of Section 274 of the Companies Act, 1956; 8. In our opinion and to the best of our information and according to the explanations given to us and on consideration of reports submitted by the Singapore, Bahrain and Hong Kong branch auditors, the said financial statements together with the notes thereon give the information required by the Banking Regulation Act, 1949 as well as the Companies Act, 1956, in the manner so required for banking companies and give a true and fair view in conformity with accounting principles generally accepted in India: i) in the case of the Balance Sheet, of the state of affairs of the Bank as at March 31, 2009; ii) in the case of the Profit and Loss Account, of the profit of the Bank for the year ended on that date; and iii) in the case of the Cash Flow Statement, of the cash flows of the Bank for the year ended on that date. For BSR & Co. Chartered Accountants Akeel Master Partner Membership No.: 046768 Mumbai April 25, 2009