ICICI Bank says RBI clears ICICI Pru AMC to raise stakes up to 9.95% in four banks
IBN•RBI clears higher stake limits for ICICI Prudential AMC
ICICI Bank says it has received RBI clearance for ICICI Prudential AMC to lift aggregate holdings up to 9.95% in select banks.
RBI letters dated Sept. 8 require the AMC to reach major shareholding within one year or the approvals lapse.
