Development · 15 Sep 2026
5 publishers have reported this development. Each act of reporting is below, cited.
The Reserve Bank of India approval received by ICICI Bank allows LIC to acquire an aggregate holding of up to 9.99% of the bank’s paid-up share capital or voting rights within one year.
ICICI Prudential Asset Management Company received RBI approval to acquire up to 9.95% of the paid-up share capital or voting rights in AU Small Finance Bank.
AU Small Finance Bank has received approval from the Reserve Bank of India for ICICI Prudential Asset Management Company Ltd to acquire an aggregate holding of up to 9.95 percent of the bank's paid-up share capital or voting rights.
ICICI Prudential Asset Management Company Limited has received approvals from the Reserve Bank of India to acquire an aggregate holding of up to 9.95% of the paid-up share capital or voting rights in CSB Bank, DCB Bank, Kotak Mahindra Bank and AU Small Finance Bank.
ICICI Prudential Asset Management Company has received RBI approval to acquire up to a 9.95% stake in CSB Bank, DCB Bank, Kotak Mahindra Bank and AU Small Finance Bank, with one year to complete the acquisitions.
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