ICICI Bank Limited
Government of Singapore decreased its stake in ICICI Bank Limited from 1.64% to 1.50%, selling 9,777,699 shares. The value of the sold shares is approximately ₹1,383.65 Cr at a 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.
Singapore sovereign investor (GIC), managing the Government of Singapore's foreign reserves. One of the world's largest SWFs with significant Indian equity holdings.