According to the regulatory filing of the bank, private NDER -based ICICI Bank has sold 18.8% of its full shareholding at NIIT Institute Finance FINCE Finance Banking and Insurance Training Limited.
Subsequent to the sale of the stock, Knit Ltd.
The Board of Director of ICICI Bank approved the sale in April 2025.
In a separate regulatory filing, the NIIT said that it had purchased a 0.49% stake in NIIT-IFBI in addition to purchasing a stake in ICICI Bank. “NIIT Limited now has the overall issuance of IFBI and the share capital of payment, and accordingly IFBI has become a completely -owned subsidiary of NIIT Limited.”
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