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RBI greenlights ICICI AMC's 9.95 per cent stake acquisition in Federal Bank

The Federal Bank Ltd (“Bank”) has received an intimation from the Reserve Bank of India (“RBI”) on December 28, 2023, that it has accorded its approval to ICICI Prudential Asset Management Company Ltd. (ICICI AMC) for acquiring aggregate holding of up to 9.95% of the paidup Share Capital or Voting Rights of the Bank subject to the conditions specified therein, the bank said in a release. ....

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RBI greenlights ICICI AMC's 9.95 per cent stake acquisition in Federal Bank, RBL Bank & Equitas Small Finance Bank

The Federal Bank Ltd (“Bank”) has received an intimation from the Reserve Bank of India (“RBI”) on December 28, 2023, that it has accorded its approval to ICICI Prudential Asset Management Company Ltd. (ICICI AMC) for acquiring aggregate holding of up to 9.95% of the paidup Share Capital or Voting Rights of the Bank subject to the conditions specified therein, the bank said in a release. ....

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NFO Review: ICICI Prudential Passive Multi-asset Fund of Funds

ICICI Prudential Asset Management Company (AMC), the asset manager to ICICI Prudential Mutual Fund, is rolling out a new, open-ended, multi-asset allocation, fund of funds (FoF) scheme investing in equity, debt, gold and global index funds/exchange traded funds (ETFs) on 27th December. ....

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ICICI MF plants 50,000 saplings on behalf of ESG investors - The Hindu BusinessLine

ICICI MF plants 50,000 saplings on behalf of ESG investors
January 15, 2021
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Each investor gets a numbered eTreeCertificate that’s geo-tagged for its location, thus letting investors know of the progress of the sapling
ICICI Prudential Asset Management Company has contributed funds for planting over 50,000 saplings on behalf of its ESG fund investors.
The number of planted saplings is equivalent to the number of investors who have opted to invest in ICICI Prudential ESG Fund during the New Fund Offer period, said the fund house in a statement.
Post plantation, investors are provided with a certificate issued by Grow-Trees, a social enterprise which is the also the official partner of the United Nations Environment Program’s Billion Tree Campaign. ....

Nimesh Shah , Business Cycle Fund , Prudential Quant Fund , United Nations Environment Program Billion Tree Campaign , Icici Prudential Asset Management Company , Asset Management Company , New Fund Offer , United Nations Environment Program , Billion Tree , Quant Fund , Managing Director , Esg Fund , New Trees , Social Enterprise , Billion Tree Campaign , Geo Tagged , நிமேஷ் ஷா , வணிக மிதிவண்டி நிதி , விவேகமான அளவு நிதி , ஒன்றுபட்டது நாடுகள் சூழல் ப்ரோக்ர்யாம் பில்லியன் மரம் பிரச்சாரம் , இஸிசீ விவேகமான சொத்து மேலாண்மை நிறுவனம் , சொத்து மேலாண்மை நிறுவனம் , புதியது நிதி சலுகை , ஒன்றுபட்டது நாடுகள் சூழல் ப்ரோக்ர்யாம் , பில்லியன் மரம் , அளவு நிதி ,