Which of the following subsidiary of ICICI Bank has ceased to function as the subsidiary of the bank recently?
A) ICICI Direct
B) ICICI Securities
C) ICICI Lombard
D) ICICI Prudential
Explanation:
The ICICI Lombard General Insurance has ceased to operate as the subsidiary of the ICICI Bank, as the shareholding of the ICICI Bank in the company has come down from 51.86 percent to 48.08 percent, after the merger of Bharti AXA with the ICICI Lombard.