ICICI Bank to maintain over 51% stake in all three of its listed entities: ED Sandeep Batra

ICICI Bank plans to keep over 51 percent ownership in its three listed companies. The bank will also increase its stake in ICICI Prudential Asset Management Company to 53 percent before its IPO. This move ensures ICICI Bank maintains control. Prudential's stake will decrease. ICICI Prudential AMC is the most profitable asset manager in India.