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ICRA Limited has reaffirmed the [ICRA]AAA/Stable rating for ICICI Prudential Life's Rs 2,600 Cr Subordinated debt programme. This reflects the company's strong market position, healthy solvency of 2.12x, and robust profitability. The Stable outlook is supported by its strong promoters, ICICI Bank and Prudential, ensuring continued backing.
All announcements from ICICI Prudential Life Insurance Company Limited