ICICI Bank Limited has informed the Exchange about disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Approval from the RBI to ICICI Prudential Asset Management Company Limited, along with group entities of ICICI Bank Limited, to acquire shares or voting rights in Banking companies

ICICI Bank has disclosed to the stock exchanges that the RBI has granted approval to ICICI Prudential Asset Management Company Limited and other group entities of ICICI Bank to acquire shares or voting rights in banking companies. This approval, disclosed under SEBI's Regulation 30, gives the ICICI Bank group the regulatory clearance needed to invest in other banks through its asset management arm and related entities. The specific banking companies being targeted or the size of potential investments have not been disclosed in this filing. This is a strategic enabler, giving the group flexibility to pursue banking sector investments.