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ICICI Bank Gains RBI Approval for ICICI PFM Acquisition

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ICICI Bank Gains RBI Approval for ICICI PFM Acquisition

TipRanks Cyber Monday Sale

The latest announcement is out from Icici Bank ( (IBN) ).

On November 27, 2025, ICICI Bank received approval from the Reserve Bank of India to acquire 100% shareholding in ICICI Prudential Pension Funds Management Company Limited from ICICI Prudential Life Insurance Company Limited, subject to certain conditions. This acquisition aims to make ICICI PFM a wholly owned subsidiary, potentially enhancing ICICI Bank’s market position in the pension fund management sector, pending further regulatory clearances.

The most recent analyst rating on (IBN) stock is a Buy with a $34.00 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’s overall score is driven by strong financial performance and a positive earnings call, indicating robust profitability and growth. However, liquidity challenges and neutral technical indicators slightly temper the outlook.

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

More about Icici Bank

ICICI Bank Limited is a prominent financial institution in India, operating primarily in the banking sector. It offers a wide range of financial services including retail banking, corporate banking, and treasury operations. The bank is headquartered in Mumbai, India, and focuses on providing comprehensive financial solutions to its customers.

Average Trading Volume: 4,593,229

Technical Sentiment Signal: Buy

Current Market Cap: $111.1B

For an in-depth examination of IBN stock, go to TipRanks’ Overview page.

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