No comments could be obtained from either ICICI Bank or Bank of Rajasthan. Pravin Tayal, the key promoter of the Bank of Rajasthan, could not be contacted for comments.
Pravin Kumar Tayal, promoter of Bank of Rajasthan, is all set to acquire another 5 per cent stake in the bank by this fiscal to increase his total holding to 48 per cent.
The promoters, instead, raised it to 63.15 per cent, while reporting they'd brought it down to 28.6 per cent.
Bank of Rajasthan is keen on increasing its stake in Bharat Overseas Bank (BhOB) as part of its efforts to become a national level bank.
