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ICICI Bank Secures RBI Approval to Increase Stake in Subsidiary

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ICICI Bank Secures RBI Approval to Increase Stake in Subsidiary

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Icici Bank ( (IBN) ) has shared an announcement.

On September 12, 2025, ICICI Bank received approval from the Reserve Bank of India to increase its shareholding by up to 2% in its subsidiary, ICICI Prudential Asset Management Company Limited. This move is aimed at maintaining the bank’s majority shareholding in the subsidiary, ensuring compliance with applicable regulations, and potentially strengthening its position in the asset management industry.

The most recent analyst rating on (IBN) stock is a Buy with a $37.00 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 strong financial performance and positive earnings call sentiment are the primary drivers of its score. While technical indicators suggest some bearish trends, the bank’s robust profitability and capital position support a favorable 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, primarily engaged in offering a wide range of banking products and financial services. The bank operates in various segments including retail banking, corporate banking, and treasury operations, with a significant focus on maintaining its market leadership in the Indian banking sector.

Average Trading Volume: 4,258,920

Technical Sentiment Signal: Buy

Current Market Cap: $113.2B

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

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