{"id":23628,"date":"2020-06-19T10:55:35","date_gmt":"2020-06-19T10:55:35","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=23628"},"modified":"2020-06-19T10:55:37","modified_gmt":"2020-06-19T10:55:37","slug":"icici-bank-to-sells-%e2%82%b92250-crore-stake-in-icici-lombard","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/icici-bank-to-sells-%e2%82%b92250-crore-stake-in-icici-lombard\/","title":{"rendered":"ICICI Bank to sells \u20b92,250 crore stake in ICICI Lombard"},"content":{"rendered":"\n<p>ICICI Bank has divested 18,000,000 equity shares of face value of \u20b910 each of ICICI Lombard General Insurance Company Limited. It is representing 3.96% of its equity share capital at March 31, 2020, on the stock exchange for an approximate total consideration of Rs. 2,250 crore.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.gkseries.com\/blog\/current-affairs-quiz-2019-daily-gk\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\"><strong>Daily Current Affairs Quiz 2020<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Key-Points<\/h2>\n\n\n\n<p>ICICI Bank shares were 0.10% higher at \u20b9352.35 on BSE in early trade.<\/p>\n\n\n\n<p>ICICI Lombard General Insurance Company&#8217;s shares were down 1.2% at \u20b91,261 apiece.<\/p>\n\n\n\n<p>ICICI Lombard GIC Ltd. is the largeest private sector general insurance company in India with a gross written premium of \u20b914,789 crore for the year ended March 31, 2019.<\/p>\n\n\n\n<p>After the stake sale, ICICI Bank&#8217;s shareholding in ICICI Lombard General Insurance Company Limited stands at approximately 51.9%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ICICI Bank has divested 18,000,000 equity shares of face value of \u20b910 each of ICICI Lombard General Insurance Company Limited. It is representing 3.96% of its equity share capital at March 31, 2020, on the stock exchange for an approximate total consideration of Rs. 2,250 crore. Daily Current Affairs Quiz 2020 Key-Points ICICI Bank shares [&hellip;]<\/p>\n","protected":false},"author":404,"featured_media":23629,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[870],"tags":[],"class_list":["post-23628","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-2020"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/23628","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/404"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=23628"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/23628\/revisions"}],"predecessor-version":[{"id":23630,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/23628\/revisions\/23630"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/23629"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=23628"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=23628"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=23628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}