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ICICI Bank's Infradebt Fund to raise international funds

08 Jul 2013 Evaluate

ICICI Bank-led Infra debt Fund is in talks with offshore funds and international rating agencies as part of its capital raising exercise. With this initiative, it is looking to raise long-term finance for India's infrastructure sector.

ICICI Bank is India's largest private sector bank and the second largest bank in the country, with consolidated total assets of $122 billion at December 31, 2012. The Bank’s presence currently spans 19 countries, including India.

 

ICICI Bank Share Price

1434.50 -10.50 (-0.73%)
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Company Name CMP
HDFC Bank 733.90
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