ICICI Prudential Asset Management Company has received approval from the Reserve Bank of India (RBI) to increase its stake in Kotak Mahindra Bank, CSB Bank, DCB Bank and AU Small Finance Bank to up to 9.95% of their paid-up share capital or voting rights.

The approvals were issued through separate letters dated September 8, 2026, according to a regulatory filing by ICICI Bank, the parent company of the fund house.