ICICI Bank has raised Rs 1,140 crore by allotting 11,400 Basel III compliant unsecured subordinated perpetual Additional Tier 1 bonds in the nature of debentures, on private placement basis.
ICICI Bank is India’s largest private sector bank by consolidated assets. ICICI Bank’s subsidiaries include India’s leading private sector insurance, asset management and securities brokerage companies, and among the country’s largest private equity firms.