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News
ICICI Bank: RBI Approves ICICI Prudential AMC's Up To 9.95% Stake In CSB, DCB, AU SFB
3+ day, 10+ hour ago (314+ words) ICICI Prudential AMC has secured RBI clearance to acquire up to a 9.95% stake in CSB Bank, DCB Bank, and AU Small Finance Bank. The transaction is subject to a strict one-year execution window and group holdings must remain capped under…...
DCB Bank Gets RBI Approval For ICICI Prudential AMC To Buy Up To 9.95% Stake
3+ day, 17+ hour ago (312+ words) The RBI has greenlit ICICI Prudential AMC's proposal to build a strategic stake of up to 9.95% in DCB Bank. The asset manager has a one-year timeline to complete the transaction, which adds substantial institutional backing to the lender following its…...
CSB Bank Gets RBI Nod For ICICI Prudential AMC's Up To 9.95% Stake Acquisition
4+ day, 8+ hour ago (197+ words) The RBI has approved ICICI Prudential AMC's proposal to acquire up to 9.95% in CSB Bank, signaling significant institutional buying interest in the Kerala-based private lender which recently reported strong Q1 FY27 financial results. Strong regulatory approval for up to 9.95% stake purchase by…...
ICICI Bank Completes Purchase Of 2% Stake In ICICI Prudential Life For ₹1,470 Crore
1+ week, 3+ day ago (183+ words) ICICI Bank has finalized the purchase of a 2% stake in ICICI Prudential Life for ₹1,470 crore through a stock exchange transaction. The move raises ICICI Bank's stake to approximately 52.8%, securing its majority control as promoter structure undergoes regulatory reclassification. The acquisition…...