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Development · 7 Sep 2026

The Reserve Bank of India approved Life Insurance Corporation of India to acquire an aggregate holding of up to 9.99% of the paid-up share capital or voting rights in ICICI Bank within one year.

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The record

The Reserve Bank of India approved Life Insurance Corporation of India to acquire an aggregate holding of up to 9.99% of the paid-up share capital or voting rights in ICICI Bank within one year.

The Reserve Bank of India has approved Life Insurance Corporation of India to acquire an aggregate holding of up to 9.99% in ICICI Bank.

The Reserve Bank of India has approved the Life Insurance Corporation of India's application to acquire up to 9.99 percent of ICICI Bank's paid-up share capital.

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