ICICI Bank Limited
SBI Life Insurance increased its stake in ICICI Bank from 1.34% to 1.43% by adding 6,146,800 shares. This translates to an approximate value of ₹869.58 Cr based on the share price of ₹1415.00.
India's second-largest private sector bank providing diversified financial products and services to retail, small and medium enterprises, and corporate customers. The bank maintains an extensive network of branches, ATMs, and digital touchpoints nationwide. Through its subsidiaries and associates, ICICI Group operates in life insurance, general insurance, housing finance, and primary dealership businesses, creating an integrated financial services ecosystem.
Joint venture between State Bank of India and BNP Paribas Cardif. Manages over Rs 4.7 lakh crore in total AUM with the flagship SBI Life Equity Fund alone holding over Rs 77,000 crore. One of India's largest private life insurers by AUM, with a multi-cap equity book deployed across ULIP and participating funds.