
Key facts: ICICI Bank retains majority in Prudential Asset Management; IPO raises $1.2B

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ICICI Bank Limited has announced plans to maintain its majority shareholding in ICICI Prudential Asset Management Company.1ICICI Bank's joint venture, ICICI Prudential Asset Management, saw a 23% share price rise on its debut after an oversubscribed IPO that raised $1.2 billion.2
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