ICICI Bank 2005 Annual Report Download - page 32

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30
To the Members of ICICI Bank Limited
We have examined the compliance of conditions of corporate governance by ICICI Bank Limited (’Bank’),
for the year ended on March 31, 2005, as stipulated in clause 49 of the Listing Agreements entered into by
the said Bank with stock exchanges.
The compliance of conditions of corporate governance is the responsibility of the management. Our
examination was limited to procedures and implementation thereof, adopted by the Bank for ensuring the
compliance of the conditions of the Corporate Governance. It is neither an audit nor an expression of
opinion on the financial statements of the Bank.
In our opinion and to the best of our information and according to the explanations given to us, we certify
that the Bank has complied with the conditions of Corporate Governance as stipulated in the above-
mentioned Listing Agreements.
We state that no investor grievance is pending for a period exceeding one month against the Bank as per
the records placed before the Share Transfer & Shareholders’/Investors’ Grievance Committee.
We further state that such compliance is neither an assurance as to the future viability of the Bank nor the
efficiency or effectiveness with which the management has conducted the affairs of the Bank.
For S.R. Batliboi & Co.
Chartered Accountants
per Viren H. Mehta
Partner
Membership No.: 048749
Mumbai: April 30, 2005
Auditors’ Certificate on Corporate Governance
Dickenson Tel: 022-2625 2282