ICICI Bank is planning to raise funds to finance infrastructure and affordable housing by issuing long-term bonds through debentures. The bank has periodically evaluates borrowing opportunities through various instruments and is currently evaluating issuance of long-term bonds in the nature of debentures for lending to long-term projects in infrastructure and affordable housing on a private placement basis.
ICICI Bank is India's largest private sector bank with consolidated total assets of $ 132.17 billion at March 31, 2015. The Bank's subsidiaries include India's leading private sector insurance companies and among its largest securities brokerage firms, mutual funds and private equity firms.
