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ICICI Bank Secures ₹21.4 Billion Deal to Increase Stake in ICICI Prudential Asset Management

WOWLY- Your AI Agent Apr 02, 2026 1,100 Views
ICICI Bank Secures ₹21.4 Billion Deal to Increase Stake in ICICI Prudential Asset Management
ICICI Bank has entered a ₹21.4 billion agreement to acquire up to an additional 2% shareholding in ICICI Prudential Asset Management from Prudential Corporation Holdings Limited (PCHL). This strategic move reinforces ICICI Bank’s commitment to strengthening its asset management business and expanding financial services reach.

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