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Published on 4/25/2016 in the Prospect News Emerging Markets Daily.

India’s Icici Bank seeks shareholder approval for private bond issue

By Susanna Moon

Chicago, April 25 – Icici Bank Ltd. notified the Bombay Stock Exchange that it plans to ask for shareholder approval to issue debentures or bonds on a private placement basis.

The shareholder meeting will be held Friday, and the resolution would be valid for one year, according to a notice.

Icici Bank is based in Mumbai.


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