ICICI Bank gets nod to raise up to Rs 25000 crore in domestic markets

29 Apr 2024 Evaluate

ICICI Bank has received approval for fund raising by way of issuances of debt securities including by way of non-convertible debentures (NCDs) in domestic markets upto an overall limit of Rs 25000 crore by way of private placement and issuances of bonds/notes/offshore certificate of deposits in overseas markets upto $1.50 billion for a period of one year, from the date of passing of resolution by the Board. The Board also authorised buyback of debt securities within the limits that the Board is authorised to approve under applicable law. The Board of Directors of the Bank at its meeting held on April 27, 2024 has approved the same. 

ICICI Bank is a leading private sector bank in India.

ICICI Bank Share Price

1291.55 -20.65 (-1.57%)
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