LIC will buy 9.99% stake in ICICI Bank: got approval from RBI; The company will have to complete the process in 1 year

LIC will buy 9.99% stake in ICICI Bank: got approval from RBI; The company will have to complete the process in 1 year

Mumbai36 minutes ago copy link Life Insurance Corporation of India, the country’s largest government insurance company, will now buy 9.99% stake in ICICI Bank. For this, LIC has got approval from the Reserve Bank of India. ICICI Bank has given this information in its share market filing. According to the bank, the approval letter issued…

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After Conducting World’s Largest Election, Ex-CEC Rajiv Kumar To Take Charge As HDFC Bank Chairman

After Conducting World’s Largest Election, Ex-CEC Rajiv Kumar To Take Charge As HDFC Bank Chairman

Last Updated:June 29, 2026, 10:06 pm IST The HDFC Bank board on Monday approved Kumar’s appointment as an Independent Director for a four-year term with effect from June 30. Kumar, who earlier led key banking sector reforms as finance secretary, will now head HDFC Bank’s board, subject to RBI approval. (IMAGE: NEWS18) Rajiv Kumar, the…

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