ICICI Prudential AMC gets RBI nod buy 9.95% stake each in Federal Bank, IDFC First Bank, RBL Bank, four other lenders
ICICI Prudential Asset Management Company, along with group entities of ICICI Bank, received RBI nod to acquire an aggregate holding of up to 9.95% of the paid-up share capital or voting rights in Bandhan Bank, Federal Bank, IDFC First Bank, HDFC Bank, RBL Bank, and three other lenders.
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