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LIC gets RBI nod to raise stake in ICICI Bank to 9.99%

Posted on September 5, 2026
By Financial Express
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LIC gets RBI nod to raise stake in ICICI Bank to 9.99%

The Reserve Bank of India has approved LIC to increase its stake in ICICI Bank to up to 9.99%, giving the state insurer one year to expand its holding in the private lender.