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Published on 7/15/2004 in the Prospect News Emerging Markets Daily.

India's ICICI Bank plans to issue $1 billion bonds

By Reshmi Basu

New York, July 15 - ICICI Bank Ltd. plans to issue $1 billion of bonds, according to a market source.

Proceeds will be used to expand its global businesses.

ICICI is India's second-largest commercial bank.


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