ICICI Bank 2016 Annual Report Download - page 79

77Annual Report 2015-2016
To the Members of ICICI Bank Limited
Auditor’s Certicate on Corporate Governance
We have examined the compliance of the conditions of Corporate Governance by ICICI Bank Limited (‘the Bank’) for the
year ended 31 March 2016, as stipulated in Clause 49 of the Listing Agreement (‘Listing Agreement’) of the Bank with the
stock exchanges for the period 1 April 2015 to 30 November 2015 and as per regulations 17 to 27, clauses (b) to (i) of
sub-regulation (2) of regulation 46 and paragraphs C, D and E of Schedule V of the Securities and Exchange Board of India
(Listing Obligations and Disclosure requirements) Regulations, 2015 (‘Listing Regulations’) for the period 1 December
2015 to 31 March 2016.
Management’s responsibility
The Bank’s management takes full responsibility of the compliance of the conditions of corporate governance as stipulated
in the regulations mentioned above.
Auditors’ responsibility
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 nancial
statements of the Bank.
We conducted our engagement in accordance with the ‘Guidance Note on Audit Reports and Certicates for Special
Purposes’ issued by the Institute of Chartered Accountants of India. Our responsibility is to certify based on the work
done.
Conclusion
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 specied in clause 49 of the Listing Agreement and
regulations 17 to 27, clauses (b) to (i) of sub-regulation (2) of regulation 46 and paragraphs C, D and E of Schedule V of
the Listing Regulations, as applicable.
We further state that such compliance is neither an assurance as to the future viability of the Bank nor the efciency or
effectiveness with which management has conducted the affairs of the Bank.
Restrictions on use
This certicate is issued solely for the purposes of complying with the aforesaid Regulations and may not be suitable for
any other purpose.
For B S R & Co. LLP
Chartered Accountants
Firm’s Registration No: 101248W/W-100022
Venkataramanan Vishwanath
Mumbai Partner
May 26, 2016 Membership No: 113156
Auditor’s Certificate on
Corporate Governance