ICICI Bank details RBI nod for 9.95% stakes in four banks

RBI has allowed an ICICI Bank group asset manager to acquire up to 9.95% stakes in four Indian banks within one year, subject to regulatory directions.

Rhea-AI Filing Summary

ICICI BANK LTD (IBN) reports that the Reserve Bank of India has approved ICICI Prudential Asset Management Company Limited to acquire an aggregate holding of up to 9.95% of the paid-up share capital or voting rights in each of four banks: CSB Bank Limited, DCB Bank Limited, Kotak Mahindra Bank Limited and AU Small Finance Bank Limited.

The approvals, communicated via RBI letters dated September 8, 2026, require the applicant to acquire the major shareholding within one year from the date of the letters, after which the approvals would stand cancelled if the acquisition has not been completed. The term “aggregate holding” is to be interpreted in line with the Reserve Bank of India (Commercial Banks - Acquisition and Holding of Shares or Voting Rights) Directions, 2025.

Key Figures

Maximum aggregate holding per bank: 9.95% of paid-up share capital or voting rights Number of banks covered: 4 banks Approval letter date: September 8, 2026 +1 more

4 metrics

Maximum aggregate holding per bank 9.95% of paid-up share capital or voting rights Limit approved by RBI for ICICI Prudential Asset Management Company Limited

Number of banks covered 4 banks CSB Bank Limited, DCB Bank Limited, Kotak Mahindra Bank Limited, AU Small Finance Bank Limited

Approval letter date September 8, 2026 Date of RBI letters granting acquisition approvals

Validity period for major shareholding acquisition 1 year Period from date of RBI letters before approvals would be cancelled if unused

Key Terms

aggregate holding, major shareholding, Master Direction, Reserve Bank of India (Commercial Banks - Acquisition and Holding of Shares or Voting Rights) Directions, 2025

4 terms

aggregate holding regulatory

"permitting ICICI Prudential Asset Management Company Limited to acquire an “aggregate holding”"

major shareholding regulatory

"The approvals require the Applicant to acquire major shareholding within a period of one year"

Master Direction regulatory

"as per the said Master Direction"

Reserve Bank of India (Commercial Banks - Acquisition and Holding of Shares or Voting Rights) Directions, 2025 regulatory

"pursuant to the applications made in accordance with Reserve Bank of India (Commercial Banks - Acquisition and Holding of Shares or Voting Rights) Directions, 2025"

FAQ

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What regulatory approval involving ICICI BANK LTD (IBN) is described in this 6-K?

The Reserve Bank of India approved ICICI Prudential Asset Management Company Limited to acquire an aggregate holding of up to 9.95% of the paid-up share capital or voting rights in four banks, as disclosed by ICICI Bank Limited.

What is the maximum stake ICICI Prudential Asset Management can acquire under the RBI approval?

ICICI Prudential Asset Management Company Limited may acquire an aggregate holding of up to 9.95% of the paid-up share capital or voting rights in each of the specified banks under the RBI approval.

Which banks are covered by the RBI approval disclosed by IBN?

The approval covers potential holdings in CSB Bank Limited, DCB Bank Limited, Kotak Mahindra Bank Limited and AU Small Finance Bank Limited.

What is the time limit to use the RBI approval mentioned by ICICI BANK LTD?

The approvals require the applicant to acquire the major shareholding within one year from the date of the RBI letters dated September 8, 2026, after which the approvals would stand cancelled if not used.

Under which RBI regulatory framework was this approval granted to the ICICI group entity?

The approvals were granted pursuant to applications made under the Reserve Bank of India (Commercial Banks - Acquisition and Holding of Shares or Voting Rights) Directions, 2025, dated November 28, 2025, referred to as the Master Direction.

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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. Other news

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:

ICICI Bank Limited (the Bank) has received approvals from the Reserve Bank of India (RBI), through different letters dated September 8, 2026 (received at 7:25 p.m.) permitting ICICI Prudential Asset Management Company Limited (Applicant) to acquire an “aggregate holding” of up to 9.95% of the paid-up share capital or voting rights in the following banks:

Sr. no.	Banking company
1	CSB Bank Limited
2	DCB Bank Limited
3	Kotak Mahindra Bank Limited
4	AU Small Finance Bank Limited

The approvals require the Applicant to acquire major shareholding within a period of one year from the date of RBI letters failing which, the approvals would stand cancelled.

The approvals are pursuant to the applications made in accordance with Reserve Bank of India (Commercial Banks - Acquisition and Holding of Shares or Voting Rights) Directions, 2025 dated November 28, 2025 (Master Direction). Accordingly, the term “aggregate holding” shall be construed as per the said Master Direction.

Please take the above information on record.

 

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 9, 2026 By: /s/ Vivek Ranjan

				Name :	Vivek Ranjan
				Title    :	Leadership Team