ICICI Bank Ltd. has entered into a share purchase agreement on January 30, 2024, to acquire I-Process Services (India) Pvt. Ltd., making it a wholly-owned subsidiary for ₹ 3,107 per share, totaling ₹ 130,866,840. The acquisition, approved by the Reserve Bank of India on September 8, 2023, will enhance oversight of iProcess, which reported FY2023 revenues of ₹ 9,575.6 million and profits of ₹ 198.8 million.