ICICI Bank gets RBI nod for LIC stake up to 9.99%

ICICI BANK LTD (IBN) reports that the Reserve Bank of India has granted approval to Life Insurance Corporation of India to acquire an aggregate holding of up to 9.99% of the bank’s paid-up share capital or voting rights.

Rhea-AI Filing Summary

ICICI BANK LTD (IBN) reports that the Reserve Bank of India has granted approval to Life Insurance Corporation of India to acquire an aggregate holding of up to 9.99% of the bank’s paid-up share capital or voting rights. The acquisition may be completed within one year from the RBI approval letter dated September 4, 2026, after which the approval will lapse if not used. The approval is subject to conditions, including compliance with applicable statutory and regulatory requirements.

Filing Explained

The filing records RBI approval—not a completed purchase—so Life Insurance Corporation of India has permission to acquire up to 9.99% of ICICI Bank, but no acquired shares or resulting ownership is reported.

Key Figures

Maximum approved holding: 9.99% of paid-up share capital or voting rights Approval date: September 4, 2026 Approval validity period: One year from September 4, 2026

3 metrics

Maximum approved holding 9.99% of paid-up share capital or voting rights RBI approval for Life Insurance Corporation of India in ICICI Bank

Approval date September 4, 2026 Date of Reserve Bank of India approval letter to LIC

Approval validity period One year from September 4, 2026 Time allowed for LIC to acquire the approved stake before approval lapses

Key Terms

aggregate holding, paid-up share capital, voting rights, Reserve Bank of India, +1 more

5 terms

aggregate holding financial

"approval to the applicant to acquire ‘aggregate holding’ of up to 9.99%"

paid-up share capital financial

"up to 9.99% of the paid-up share capital or voting rights in the Bank"

voting rights financial

"up to 9.99% of the paid-up share capital or voting rights in the Bank"

Voting rights are the ability of shareholders to have a say in important company decisions, like choosing leaders or approving big changes. They matter because they give owners a voice in how the company is run, similar to how voters influence elections, ensuring the company acts in shareholders’ interests.

Reserve Bank of India regulatory

"ICICI Bank Limited has received a copy of Reserve Bank of India letter"

Indian Listing Regulations regulatory

"Subject: Disclosure under Indian Listing Regulations"

FAQ

What regulatory approval involving ICICI BANK LTD (IBN) was disclosed in this Form 6-K?

The Reserve Bank of India granted approval to Life Insurance Corporation of India to acquire an aggregate holding of up to 9.99% of ICICI Bank’s paid-up share capital or voting rights, subject to conditions and completion within one year from the approval letter dated September 4, 2026.

Who is allowed to acquire up to 9.99% in ICICI BANK LTD (IBN)?

Life Insurance Corporation of India is allowed, with RBI approval, to acquire an aggregate holding of up to 9.99% of ICICI Bank’s paid-up share capital or voting rights, subject to compliance with statutory and regulatory provisions.

What is the maximum percentage holding approved in ICICI BANK LTD (IBN)?

The maximum approved holding is up to 9.99% of ICICI Bank’s paid-up share capital or voting rights, as permitted by the Reserve Bank of India’s letter dated September 4, 2026 to Life Insurance Corporation of India.

What is the time limit for LIC to acquire the approved stake in ICICI BANK LTD (IBN)?

Life Insurance Corporation of India has up to one year from the date of the RBI approval letter dated September 4, 2026 to acquire the approved holding, after which the approval will stand cancelled if not utilized.

Are there conditions attached to the RBI approval related to ICICI BANK LTD (IBN)?

Yes. The RBI approval for LIC to acquire up to 9.99% in ICICI Bank is subject to certain conditions, including compliance with the relevant statutory and regulatory provisions specified by the authorities.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13a -16 OR

15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of September 2026

Commission File Number: 001-15002

ICICI Bank Limited
(Translation of registrant’s name into English)

ICICI Bank Towers,
Bandra-Kurla Complex
Mumbai, India 400 051
(Address of principal executive office)

Indicate by check mark whether the registrant files or will file
annual reports under cover Form 20-F or Form 40-F.

Form 20-F   X  Form 40-F      

Table of Contents

Items:

1. Others

OTHER NEWS

Subject: Disclosure under Indian Listing Regulations

IBN

ICICI Bank Limited (the Bank) Report on Form 6-K

The Bank has made the below announcement to the Indian Stock Exchanges:

On September 4, 2026 at 9:09 p.m., ICICI Bank Limited (the Bank) has received a copy of Reserve Bank of India (RBI) letter dated the same day addressed to Life Insurance Corporation of India (the applicant) that it has accorded its approval to the applicant to acquire ‘aggregate holding’ of up to 9.99% of the paid-up share capital or voting rights in the Bank within one year from the date of RBI approval letter, failing which RBI approval shall stand cancelled. The approval is subject to certain conditions including compliance with the relevant statutory and regulatory provisions.

This is for your information please.

ICICI Bank Limited
ICICI Bank Towers
Bandra-Kurla Complex
Mumbai 400 051, India. Tel.: 022- 4008 8900
Email: companysecretary@icici.bank.in
Website: www.icici.bank.in
CIN.: L65190GJ1994PLC021012

Regd. Office: ICICI Bank Tower, Near Chakli Circle,
Old Padra Road, Vadodara 390007. India

 

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorised.

			For ICICI Bank Limited
Date	: September 5, 2026		By:	/s/ Prashant Mistry
			Name :	Prashant Mistry
			Title    :	Associate Leadership Team

ICICI Bank Limited
ICICI Bank Towers
Bandra-Kurla Complex
Mumbai 400 051, India. Tel.: 022- 4008 8900
Email: companysecretary@icici.bank.in
Website: www.icici.bank.in
CIN.: L65190GJ1994PLC021012

Regd. Office: ICICI Bank Tower, Near Chakli Circle,
Old Padra Road, Vadodara 390007. India