Government Pension Fund Global increased its stake in ICICI Bank Limited from 1.36% to 1.43%, acquiring an additional 5,023,255 shares. The value of this increase is approximately ₹711.79 Cr based on ICICI Bank's 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.
Norway's sovereign wealth fund, managed by Norges Bank Investment Management. World's largest SWF with over USD 2 trillion in assets, invested across 8,700+ companies globally including Indian equities.
