{
  "id": 5749700,
  "title": "RBI Clears LIC To Acquire Up To 9.99% Stake In ICICI Bank, Sets One-Year Window",
  "url": "https://urgent.news/2026/09/05/rbi-clears-lic-to-acquire-up-to-9-99-stake-in-icici-bank-sets-one",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-05T08:40:00.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/rbi-clears-lic-to-acquire-up-to-999-stake-in-icici-bank-sets-one-year-window"
  },
  "original_language": "en",
  "account": null,
  "summary": "New Delhi: The Reserve Bank of India (RBI) has given Life Insurance Corporation of India (LIC) approval to acquire an aggregate holding of up to 9.99% in private-sector lender ICICI Bank. The approval covers up to 9.99% of ICICI Bank’s paid-up share capital or voting rights, the lender said in a regulatory filing. LIC Gets One Year to Acquire Stake ICICI Bank said it received a copy of the RBI…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Hindu BusinessLine",
        "title": "LIC gets RBI approval to acquire up to 9.99% stake in ICICI Bank",
        "url": "https://urgent.news/2026/09/05/lic-gets-rbi-approval-to-acquire-up-to-9-99-stake-in-icici-bank",
        "published": "2026-09-05T09:41:15.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}