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Board of ICICI Bank approves raising funds via debt issuance

Published on Apr 26, 2021 09:08

The Board of ICICI Bank at its meeting held on 24 April 2021 has approved fund raising by way of issuance of debt securities including by way of non-convertible debentures in domestic markets up to an overall limit of Rs 20000 crore by way of private placement and issuances of bonds/notes/offshore certificate of deposits in overseas markets upto USD 1.50 billion in single/multiple tranches for a period of one year, from the date of passing of resolution by the Board.

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