Question
ICICI Bank, has notified that it is going to increase
its stake in ICICI Lombard General Insurance by four percent in multiple tranches.At present, the bank owns _____ in the general insurance arm.Solution
ICICI Bank, has notified that it is going to increase its stake in ICICI Lombard General Insurance by four percent in multiple tranches. At present, the bank owns 48.02 per cent in the general insurance arm. The Bank would acquire at least 2.5 per cent stake of the above four per cent by September 9, 2024.
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