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ICICI Bank faces probe over ₹23 cr gold loan scam

ICICI Bank is under investigation for a ₹23 crore gold loan scam, with police suspecting an insider's involvement. The Economic Offences Wing is probing a senior employee's role in this organized fraud, highlighting potential internal control failures.

market hours1 source ↓written by the desknot a recommendation

The ₹23 crore gold loan scam at ICICI Bank has intensified as police suspect a mastermind within the bank orchestrated the fraud. The Economic Offences Wing is investigating the involvement of a senior employee, indicating a well-organized operation across multiple branches. This revelation raises concerns about internal controls and regulatory oversight in the banking sector.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 2 Apr 2026, 13:19 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

ICICIBANK closed +0.3% on the day of the news, from ₹1,212.70 to ₹1,215.80; Nifty +0.1% over the same session; futures OI −1.9%.

Bulletin at 13:19 IST on 2 Apr 2026. Every change is measured from ₹1,212.70, the last close before it, on 1 Apr. Nifty 50 is measured over the same sessions.

  • ICICIBANK close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
ICICIBANK closes around the bulletin against the close before the news, with Nifty 50 rebased to it113312451356axis spans 20%before the news · 1 Apr1213Nifty 50ICICIBANKbulletinD0+1+3+524 Mar8 Apr20 AprFutures open interest, lotspeak 1.9 LReference close ₹1,212.70. 16 sessions from 24 Mar to 20 Apr; the price axis spans 20 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before1 Apr₹1,212.70basebase
On the day2 Apr₹1,215.80▲ +0.3%▲ +0.1%+0.1 pp difference
+1 session6 Apr₹1,231.40▲ +1.5%▲ +1.3%+0.3 pp difference
+3 sessions8 Apr₹1,309.20▲ +8.0%▲ +5.8%+2.1 pp difference
+5 sessions10 Apr₹1,321.90▲ +9.0%▲ +6.0%+3.0 pp difference
Gap at the open, % · ₹
▼ −1.4%−16.74 on 2 Apr
Day's range, % · ₹
2.8%≈ 34 high to low
Volume on the day
1.10×the 20-session average
Futures OI on the day
▼ −1.9%−3,500 lots · short covering · price +0.3%
Futures OI open, lots
1.8 L2 Apr · 28 Apr expiry
Futures premium, ₹
+3.50+0.3% to spot
Puts per call, by OI
0.91from 0.85 the session before
Max pain
1,240from 1,240 the session before

Source NSE UDiFF bhavcopy · ICICIBANK on the desk →

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