ICICI Bank Ltd.

ICICI Bank, the country’s private sector lender has received ‘BBB-’ long-term issue rating for its proposed issue of Chinese Renminbi-denominated senior unsecured notes from Standard & Poor’s (S&P) Ratings Services. The rating on the notes reflects the long-term counter-party credit rating of the bank. The proposed notes will be listed on the Singapore exchange and the rating on the notes is subject to review of the final issuance documentation.

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.