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ICICI Bank inks pact to acquire 9.54% stake in Perfios Account Aggregation Services

29 Jun 2022 Evaluate

ICICI Bank has entered into an agreement dated June 28, 2022 in relation to an Investment in the equity shares of Perfios Account Aggregation Services (PAASPL). Post investment, ICICI Bank will hold 9.54% shareholding in Perfios Account Aggregation Services through subscription of 8,05,520 equity shares. The Cash consideration for acquisition is Rs 4.03 crore.

ICICI Bank is a leading private sector bank in India.

Peers
Company Name CMP
HDFC Bank 705.00
ICICI Bank 1333.00
Axis Bank 1223.95
Kotak Mahindra Bank 416.30
Indusind Bank 882.30
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