ICICI Bank has executed the share purchase agreement (SPA) with NIIT and NIIT Institute of Finance Banking and Insurance Training (NIIT-IFBI) to sell entire shareholding of 18.8% equity shares of NIIT-IFBI to NIIT. In accordance with the SPA, the Bank has sold its entire shareholding of 18.8% in equity shares of NIIT-IFBI to NIIT for a consideration of Rs 6.11 crore and consequently, NIIT-IFBI has ceased to be an associate of the Bank from June 11, 2025.
ICICI Bank is a leading private sector bank in India.
| Company Name | CMP |
|---|---|
| HDFC Bank | 786.65 |
| ICICI Bank | 1333.50 |
| Axis Bank | 1360.65 |
| Kotak Mahindra Bank | 372.00 |
| Indusind Bank | 850.25 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: