ICICI Prudential Life Insurance reduced its stake in Capital Small Finance Bank from 3.66% to 3.65%, selling 5,958 shares.
India's first Small Finance Bank, Capital Small Finance Bank operates as a regulated financial institution focused on serving underbanked and unbanked populations across the country. The bank provides retail banking services including deposits, loans, and digital payment solutions to small businesses, micro-enterprises, and individual customers. Its distinctive approach combines financial inclusion with sustainable banking practices, targeting segments traditionally underserved by conventional banks in India's financial ecosystem.
Joint venture between ICICI Bank and Prudential plc. Total AUM in excess of Rs 3.2 lakh crore deployed across linked, participating and non-participating funds. CIO Manish Kumar has run the equity book for over a decade, with style biased to quality large and mid-caps. Active across primary and secondary markets through ULIP and group fund mandates.
