ICICI Pru Life seeks investor status for Prudential after Bharti Life deal
ICICI Bank has entered into a Letter of Undertaking on July 4, with Prudential Corporation Holdings Ltd (Prudential) (Undertaking) pertaining to non-exercise of certain rights by Prudential relating to subsidiary ICICI Prudential Life Insurance Company, subject to approval of the company’s board and/or other statutory/regulatory approvals, ICICI Bank said in a regulatory filing.
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