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Prashant Bhushan writes to RBI opposing ICICI CEO Sandeep Bakhshi’s tenure extension: ‘Frauds, systemic failures, violations’

By KLF NewsAPI•29 Apr 2026, 01:24 am•

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In the 10-page letter, Bhushan urged the RBI governor to use the central bank’s statutory powers, duties and supervisory jurisdiction under the Banking Regulation Act, 1949, including Sections 35A, 35B, 36AA and 10B.

Prashant Bhushan writes to RBI opposing ICICI CEO Sandeep Bakhshi’s tenure extension: ‘Frauds, systemic failures, violations’

Quick Summary

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