ICICI Bank Ltd.

ICICI Bank has raised Rs 475 crore through allotment of Basel III compliant bonds on private placement basis. The bonds will carry a coupon rate of 8.55 per cent per annum. The bonds will be listed on wholesale debt market segment of BSE and NSE. The bonds are rated AA+ by CARE and ICRA.

ICICI Bank is India’s largest private sector bank by consolidated assets. The Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised subsidiaries in the areas of investment banking, life and non-life insurance, venture capital and asset management.