{"id":55406,"date":"2023-05-29T10:40:37","date_gmt":"2023-05-29T05:10:37","guid":{"rendered":"http:\/\/finservwealth.com\/icici-lombard-shares-surge-11-as-icici-bank-approves-stake-increase-2\/"},"modified":"2023-05-29T10:40:37","modified_gmt":"2023-05-29T05:10:37","slug":"icici-lombard-shares-surge-11-as-icici-bank-approves-stake-increase-2","status":"publish","type":"post","link":"https:\/\/finservwealth.com\/hi\/icici-lombard-shares-surge-11-as-icici-bank-approves-stake-increase-2\/","title":{"rendered":"ICICI Lombard shares surge 11% as ICICI Bank approves stake increase"},"content":{"rendered":"<p> The ICICI Bank board has approved raising its stake in ICICI Lombard General Insurance by 4 percent in multiple transactions, according to an exchange filing on May 28. The bank owns 48.02 percent in the general insurance arm. ICICI Bank plans to acquire at least 2.5 percent of the 4 percent by September 9, 2024.<\/p><div id=\"finse-1684993479\" class=\"finse-content finse-entity-placement\"><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-9118214110898834\" crossorigin=\"anonymous\"><\/script><ins class=\"adsbygoogle\" style=\"display:block;\" data-ad-client=\"ca-pub-9118214110898834\" \ndata-ad-slot=\"\" \ndata-ad-format=\"auto\"><\/ins>\n<script> \n(adsbygoogle = window.adsbygoogle || []).push({}); \n<\/script>\n<\/div>\n<p><a href=\"https:\/\/www.moneycontrol.com\/news\/buzzing-stocks\/icici-lombard-shares-surge-11-as-icici-bank-approves-stake-increase_17040851.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>\n<p>\u200b\u00a0The ICICI Bank board has approved raising its stake in ICICI Lombard General Insurance by 4 percent in multiple transactions, according to an exchange filing on May 28. The bank owns 48.02 percent in the general insurance arm. ICICI Bank plans to acquire at least 2.5 percent of the 4 percent by September 9, 2024. The ICICI Bank board has approved raising its stake in ICICI Lombard General Insurance by 4 percent in multiple transactions, according to an exchange filing on May 28. The bank owns 48.02 percent in the general insurance arm. ICICI Bank plans to acquire at least 2.5 percent of the 4 percent by September 9, 2024.\u00a0\u00a0Moneycontrol Latest News\u00a0<a href=\"https:\/\/www.moneycontrol.com\/news\/buzzing-stocks\/icici-lombard-shares-surge-11-as-icici-bank-approves-stake-increase_17040851.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a>\u00a0\u00a0<\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p> The ICICI Bank board has approved raising its stake in ICICI Lombard General Insurance by 4 percent in multiple transactions, according to an exchange filing on May 28. The bank owns 48.02 percent in the general insurance arm. ICICI Bank plans to acquire at least 2.5 percent of the 4 percent by September 9, 2024.<\/p>\n<p><a href=\"https:\/\/www.moneycontrol.com\/news\/buzzing-stocks\/icici-lombard-shares-surge-11-as-icici-bank-approves-stake-increase_17040851.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>\n<p>\u200b\u00a0The ICICI Bank board has approved raising its stake in ICICI Lombard General Insurance by 4 percent in multiple transactions, according to an exchange filing on May 28. The bank owns 48.02 percent in the general insurance arm. ICICI Bank plans to acquire at least 2.5 percent of the 4 percent by September 9, 2024. The ICICI Bank board has approved raising its stake in ICICI Lombard General Insurance by 4 percent in multiple transactions, according to an exchange filing on May 28. The bank owns 48.02 percent in the general insurance arm. ICICI Bank plans to acquire at least 2.5 percent of the 4 percent by September 9, 2024.\u00a0\u00a0Moneycontrol Latest News\u00a0<a href=\"https:\/\/www.moneycontrol.com\/news\/buzzing-stocks\/icici-lombard-shares-surge-11-as-icici-bank-approves-stake-increase_17040851.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a>\u00a0\u00a0<\/p>\n<p><!-- \/wp:html --> The ICICI Bank board has approved raising its stake in ICICI Lombard General Insurance by 4 percent in multiple transactions, according to an exchange filing on May 28. The bank owns 48.02 percent in the general insurance arm. ICICI Bank plans to acquire at least 2.5 percent of the 4 percent by September 9, 2024.<\/p>","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[70],"tags":[],"class_list":["post-55406","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news"],"jetpack_featured_media_url":"https:\/\/www.moneycontrol.com\/news_image_files\/2023\/200x200\/m\/market_up_higher-2_200.jpg","_links":{"self":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts\/55406","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/comments?post=55406"}],"version-history":[{"count":0,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts\/55406\/revisions"}],"wp:attachment":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/media?parent=55406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/categories?post=55406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/tags?post=55406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}