Abu Dhabi Investment Authority sells stake in large Indian private sector lender

By Beena Parmar

  • 18 May 2021
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Credit: 123RF.com

The United Arab Emirates based sovereign wealth fund Abu Dhabi Investment Authority (ADIA) has diluted its holding below 1% in one of India’s largest private sector banks. The sovereign fund may also have sold its entire stake in the lender.  ADIA did not figure among ICICI Bank’s shareholders who owned over 1% ......

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