Federal Bank Shares in Focus as ICICI Prudential AMC Gets RBI Nod to Buy Up to 9.95% Stake
Federal Bank has become the center of attention in financial markets after the Reserve Bank of India (RBI) granted approval to ICICI Prudential Asset Management Company (AMC) to acquire up to a 9.95% stake in the private sector lender. This move is expected to reshape investor sentiment, strengthen Federal Bank’s market position, and highlight the…