RBI approves ICICI Prudential's stake acquisition in Bandhan Bank
pre-market1 source ↓written by the desknot a recommendation
- stake
- 9.95%
- 10 Feb 2026
The Reserve Bank of India approved ICICI Prudential Asset Management Company's acquisition of up to 9.95% stake in Bandhan Bank on 10 Feb 2026. This approval allows ICICI Prudential and its group entities to enhance their holdings in the private sector bank, potentially impacting market dynamics and investor sentiment.
• Approval Date: 10 Feb 2026
• Maximum Stake: Up to 9.95%
• Applicant: ICICI Prudential Asset Management Company
This move may strengthen ICICI's position in the banking sector.
Not investment advice. For informational purposes only.