Your ICICI Bank Current Account XXXX255 - Need for Discipline, revised RBI guidelines

	Dear Customer, This is with reference to your ICICI Bank Current Account XXXX255 and Reserve Bank of India’s circular dated Oct 29, 2021, regarding opening of Current Accounts by Banks - Need for Discipline. As per the circular, for borrowers, where the exposure of the Banking system is less than ₹5 crore, there is no restriction on opening of Current Accounts or on provision of CC/OD facility by banks, subject to obtaining an undertaking from such borrowers, that they shall inform the bank(s), as and when the credit facilities availed by them from the banking system, reaches ₹5 crore or more. Based on the Credit Information Companies, we understand your/entity exposure is less than ₹5 crore. Please inform the Bank once the credit facilities reach ₹5 crore or more. Else, if on internal due diligence, the Bank finds out that your exposure has increased, then the Bank will be taking suitable action. In case you are interested in availing any further Credit Facilities from ICICI Bank, please contact your Relationship Manager/Account Manager. Alternatively, you may call our Customer Care or visit the nearest ICICI Bank Branch.   Sincerely, Team ICICI Bank You may write to us at corporate.care@icicibank.com from your registered e-mail ID or call 1800 1080     This is an auto generated e-mail. Please do not reply.
	T&Cs Disclaimer