trending Market Intelligence /marketintelligence/en/news-insights/trending/v4wzhe9HcPW3t92GV_rZhQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

ICICI Bank completes sale of 9% stake in insurance JV

Banking Essentials Newsletter December Edition Part 2

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery


ICICI Bank completes sale of 9% stake in insurance JV

ICICI BankLtd. said April 1 that it sold a 9% in to joint venture partner FairfaxFinancial Holdings Ltd.

The bank completed the transfer of shares March 31. FairfaxFinancial will now hold a 35% stake in the joint venture, while ICICI Bank willhold a 64% stake.

The transfer also constitutes a 2% stake in ICICI PrudentialLife Insurance Co. to Compassvale Investments Pte. Ltd.