ICICI Prudential Life Insurance plans to raise ₹1,200 crore via subordinated debt, exercising a call option on an existing issue due in November 2025. The insurer’s solvency ratio, currently 213.2%, will remain comfortably above the regulatory 150% threshold even after this move.
Ahead of Market: 10 things that will decide stock market action on Monday
Indian equities extended losses for a fifth straight session, pressured by elevated oil prices and persistent FII outflows. Despite intraday recovery, sentiment remains weak amid