The largest private sector lender of the country, ICICI Bank has been penalised with Rs 2 lakhs for filing a false case with the judiciary. A Delhi court has put the fine on the bank asking it to act with responsibility in sync with its size.

"The larger the size of an organisation or institution, the greater is the sense of responsibility expected from it," said the court.

The bank was termed guilty by Additional Chief Metropolitan Magistrate (ACMM), Mr Lokesh Kumar Sharma on charges that the bank had moved for court's permission to seize a vehicle which it had already done a month back.

The bank has been asked to imbibe more sense of responsibility by the ACMM.