ICICI Prudential AMC gets RBI approval, will buy 9.95% stake in 8 banks; Action seen in shares – market
ICICI Bank RBI Approval: Reserve Bank of India i.e. RBI has approved ICICI Bank Limited and its associate company ICICI Prudential Asset Management Company (AMC) to buy stake in eight different banking companies. RBI has given the green signal to this acquisition through separate letters issued on 10 February 2026. Under this approval, ICICI Group…