ICICI Prudential Mutual Fund decreased its stake in CSB Bank Limited from 1.86% to 1.72%, selling 243,515 shares.
One of India's oldest private sector banks with over 98 years of history, CSB Bank Limited provides comprehensive banking services across retail, SME, and NRI customer segments. The bank maintains a strong presence in Kerala and operates through an extensive branch network. It specializes in serving small and medium enterprises, individual customers, and non-resident Indians with tailored financial solutions.
India's second-largest AMC by AUM with over Rs 9 lakh crore managed across 80+ schemes. Joint venture between ICICI Bank and Prudential plc. CIO S. Naren is one of India's most recognised value investors, known for contrarian macro calls and rotating across market caps well ahead of consensus. ICICI Pru's quarterly portfolio disclosures are among the most closely watched in the industry.