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News
RBI approves ICICI Prudential AMC to acquire up to 9.95% stake in AU Small Finance Bank
3+ day, 18+ hour ago (330+ words) The Reserve Bank of India has approved AU Small Finance Bank to allow ICICI Prudential AMC to acquire up to 9.95% stake in the bank. The approval is subject to compliance with relevant provisions of the Banking Regulation Act, 1949, applicable RBI…...
RBI approves ICICI Prudential AMC to acquire up to 9.95% stake in DCB Bank
4+ day, 1+ min ago (360+ words) DCB Bank has received regulatory clearance from the Reserve Bank of India, approving ICICI Prudential Asset Management Company to acquire up to 9.95% stake in the bank. The Reserve Bank of India granted its approval on September 8, 2026, for ICICI Prudential Asset…...
ICICI Bank reduces stake in Jaiprakash Power Ventures to 4.40%
4+ day, 3+ hour ago (413+ words) ICICI Bank Limited sold 13,80,00,000 equity shares, representing a 2.01% stake, in Jaiprakash Power Ventures Ltd via open market sales ending July 03, 2026. This reduced the bank's holding from 6.42% to 4.40%. The disclosure was filed under SEBI takeover regulations. The disclosure was made in…...
RBI approves ICICI Prudential AMC to buy up to 9.95% stake in CSB Bank
4+ day, 12+ hour ago (388+ words) CSB Bank has received Reserve Bank of India approval for ICICI Prudential Asset Management Company to acquire up to 9.95% stake in the lender. The clearance was conveyed via letter dated September 8, 2026. The RBI's approval allows ICICI Prudential AMC to hold…...
RBI approves LIC acquisition of up to 9.99% stake in ICICI Bank
1+ week, 1+ day ago (452+ words) ICICI Bank received Reserve Bank of India approval on September 4, 2026, allowing Life Insurance Corporation of India to acquire an aggregate holding of up to 9.99% of its paid-up share capital or voting rights. The central bank’s letter, addressed to the applicant,…...
HDFC Life to host investor conferences in Mumbai and Gurgaon
1+ week, 5+ day ago (512+ words) HDFC Life Insurance Company Limited disclosed that its senior management will interact with investors at three upcoming conferences in September 2026. The meetings aim to provide updates on the company’s performance and strategic outlook to institutional investors and analysts. The disclosure…...