News › Markets · 27 Aug 2026, 1:56 PM IST · 5 days ago

BIG DEAL | ICICI Prudential raises stake in SBI Cards and Payment Services to 7.30%

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In one line — ICICI Prudential Mutual Fund raised its stake in SBI Cards and Payment Services to 7.30% by acquiring 2.02 crore shares. The latest purchase on August 25, 2026, involved 21.61 lakh shares, reflecting a notable increase f

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Source: Mint · AI-summarised by Anadi · Updated 27 Aug 2026, 2:04 PM IST

What Happened

ICICI Prudential Mutual Fund raised its stake in SBI Cards and Payment Services to 7.30% by acquiring 2.02 crore shares. The latest purchase on August 25, 2026, involved 21.61 lakh shares, reflecting a notable increase from the previous 5.18% stake.