Which of the following statements is/are correct regarding the ICICI Lombard General Insurance Company?

  1. ICICI Bank received approval from RBI to raise its stake in ICICI Lombard General Insurance by 4%.
  2. The current stake of ICICI Bank in ICICI Lombard is 48.01%.
  3. Fairfax Financial Holdings Ltd. is a partner with ICICI Bank in this venture.

1
Only 1 and 2 are correct
2
Only 1 and 3 are correct
3
Only 2 and 3 are correct
4
Only 3 is correct
5
All 1, 2, and 3 are correct

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