ICICI Bank Divests Stake in NIIT-IFBI

Icici Bank ( (IBN) ) has issued an update.

On June 11, 2025, ICICI Bank Limited announced the completion of the sale of its entire 18.8% shareholding in NIIT Institute of Finance Banking and Insurance Training Limited (NIIT-IFBI) to NIIT Limited. This transaction, executed through a share purchase agreement, resulted in NIIT-IFBI ceasing to be an associate of ICICI Bank, marking a strategic divestment for the bank.

The most recent analyst rating on (IBN) stock is a Buy with a $35.00 price target. To see the full list of analyst forecasts on Icici Bank stock, see the IBN Stock Forecast page.

Spark’s Take on IBN Stock

According to Spark, TipRanks’ AI Analyst, IBN is a Outperform.

Icici Bank demonstrates a solid overall performance driven by strong financial results and positive technical indicators. The financial performance stands out with impressive revenue growth and profitability, while technical analysis supports a bullish short-term outlook. Valuation appears reasonable, but caution is advised due to high momentum indicators suggesting overbought conditions.

To see Spark’s full report on IBN stock, click here.

More about Icici Bank

ICICI Bank Limited is a prominent financial institution based in Mumbai, India, operating primarily in the banking sector. The bank offers a wide range of financial services, including retail banking, corporate banking, and treasury operations, with a strong focus on the Indian market.

Average Trading Volume: 5,518,229

Technical Sentiment Signal: Buy

Current Market Cap: $118.6B

For detailed information about IBN stock, go to TipRanks’ Stock Analysis page.