3.95 (0.29%) ICICI Bank has received Reserve Bank of India’s (RBI) approval to purchase additional shareholding of up to 2% in ICICI Prudential Asset Management Company (ICICI Prudential AMC), to maintain its majority shareholding, subject to compliance with applicable regulations.
ICICI Bank is a large private sector bank in India offering a diversified portfolio of financial products and services to retail, SME and corporate customers.