ICICI Bank Ltd.

ICICI Bank has raised $750 million by way of an issue of bonds, in the international market. The bank has issued these notes at 99.813% of the value of the bonds, which were 5.5-year fixed rate notes carrying a coupon rate of 4.7%. In total 312 investors has subscribed to the issue. The total value of subscription amounted to $5.7 billion with an over subscription of 7.6 times.

The bank has registered a rise of 36.24% in its net profit at Rs 1815.05 crore for the quarter under review as compared to Rs 1332.20 crore for the same quarter in the previous year. Total income of the bank has increased by 23.37% at Rs 11425.57 crore for Q1FY13 as compared Rs 9261.41 crore for the corresponding quarter previous year.