LIC gets RBI approval to acquire up to 9.99% stake in ICICI Bank
IndiaWhat to know
- The approval comes amid LIC’s recent expansion of its potential holdings in major private lenders, including HDFC Bank.S1
- New Delhi: The Reserve Bank of India (RBI) has given Life Insurance Corporation of India (LIC) approval to acquire an aggregate holding of up to 9.99% in private-sector lender ICICI Bank.The approval covers up to 9.99% of ICICI Bank’s paid-up share capital or...S2
Timeline · newest first
1mo
Thehindubusinessline
LIC gets RBI approval to acquire up to 9.99% stake in ICICI Bank
The approval comes amid LIC’s recent expansion of its potential holdings in major private lenders, including HDFC Bank.
1mo
Freepressjournal
RBI Clears LIC To Acquire Up To 9.99% Stake In ICICI Bank, Sets One-Year Window
New Delhi: The Reserve Bank of India (RBI) has given Life Insurance Corporation of India (LIC) approval to acquire an aggregate holding of up to 9.99% in private-sector lender ICIC…
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Published Sep 5, 2026
What to know
- The approval comes amid LIC’s recent expansion of its potential holdings in major private lenders, including HDFC Bank.S1
- New Delhi: The Reserve Bank of India (RBI) has given Life Insurance Corporation of India (LIC) approval to acquire an aggregate holding of up to 9.99% in private-sector lender ICICI Bank.The approval covers up to 9.99% of ICICI Bank’s paid-up share capital or...S2
Timeline · newest first
1mo
Freepressjournal
RBI Clears LIC To Acquire Up To 9.99% Stake In ICICI Bank, Sets One-Year Window
Sources · 2 citations
S1
Thehindubusinessline
1 report · EN
S2
FreepressjournalLead
1 report · EN
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