ICICI Prudential Mutual Fund entered Central Bank of India with 18,28,46,520 shares, acquiring a 2.02% stake worth ₹579.03 Cr at ₹31.66 apiece.
A public sector commercial bank providing comprehensive financial services including treasury operations, corporate and wholesale banking, retail banking, and related financial products across India. The bank manages government securities, money market operations, and foreign exchange transactions alongside its core lending and deposit activities. Central Bank serves individual customers, corporations, and institutional clients through its diversified banking operations and financial services network.
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.
