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ICICI Bank acquires 1.8 crore shares of DCHL: Report

26 Feb 2014 Evaluate

ICICI Bank, India's largest private sector bank has reportedly acquired 1.8 crore shares of Deccan Chronicle Holdings (DCHL) through the invocation of pledged shares on February 26, 2014. After this acquisition, ICICI bank’s stake in DCHL increased to 9.8% from 1.2%.

ICICI Bank has more than 3,595 branches and extension counters, and over 11,160 ATMs spread across the country. The Bank services its large customer base through a multi-channel delivery network of branches, ATMs, call center and internet banking.

Peers
Company Name CMP
HDFC Bank 711.20
ICICI Bank 1313.90
Axis Bank 1225.90
Kotak Mahindra Bank 417.60
Indusind Bank 892.25
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