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ICICI Bank informs about outcome of committee meeting

11 Dec 2018 Evaluate

Further to letter dated December 5, 2018, ICICI Bank has informed that the Committee of Executive Directors of the bank at its meeting held on December 10, 2018 has approved the proposal for domestic fund raising by way of issuance of senior unsecured long term bonds/ Basel lll compliant unsecured subordinated perpetual Additional Tier 1 bonds in single/multiple tranches on private placement basis subject to business requirements/ market conditions. This disclosure is in compliance to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
HDFC Bank 703.80
ICICI Bank 1357.00
Axis Bank 1243.90
Kotak Mahindra Bank 440.80
Indusind Bank 876.25
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