Last week, the lender successfully raised Rs 15,000 crore-worth of funds via QIP (Qualified Institutional Placement). Nootably, the People’s Bank of China was among 357 institutional investors which included domestic mutual funds, insurance firms and global institutions that subscribed to the issue, sources said.
According to sources, the Chinese central bank has picked up shares worth Rs 15 crore in Rs 15,000 crore qualified institutional placement (QIP) issue. At current market capitalisation, the stake of People’s Bank of China in ICICI Bank
is about 0.0065 per cent. READ HERE
As per the shareholding pattern of the bank, shared with the exchanges on August 17, Government of Singapore held 2.77 per cent stake, Abu Dhabi Investment Authority held 1.4 per cent stake, Dodge Cox and International Stock Exchange held 3.62 per cent stake, and Europacific Growth Fund held 1.33 per cent stake.
At 11:03 am, the stock was up 1 per cent at Rs 384 on the BSE, as against 0.02 per cent decline in the benchmark S&P BSE Sensex.