11 Feb 2026 | 3 Mins Read
ICICI Bank group gets RBI nod to buy up to 9.95% in Federal Bank
Flipitmoney
Federal Bank Ltd announced RBI approval for ICICI Prudential Asset Management and ICICI Bank group entities to acquire up to 9.95% of Federal Bank's paid-up share capital or voting rights. The approval is subject to compliance with certain provisions and conditions. Federal Bank shares rose 2.82% to ₹290.20 on the NSE.