Mumbai: The country’s second largest private sector lender ICICI Bank is aiming to maintain over 51 per cent stake in all three of its listed entities, a senior official said on Monday.

Its Executive Director Sandeep Batra said the bank is also committed to maintaining over 51 per cent stake in the IPO-bound ICICI Prudential Asset Management Company, and hence, it is upping stake by 2 percentage points before the entity hits the markets.

“We are committed to ensuring all our three listed entities remain our subsidiaries. So, our stake will remain at over 51 per cent,” Batra told reporters at a press conference here.

The mutual fund arm’s Managing Director and Chief Executive Nimesh Shah said that ICICI Bank will pick up the additional 2 per cent stake for the same price as the one whic

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