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Published on 7/5/2016 in the Prospect News Emerging Markets Daily.

India’s ICICI Bank targets Rs. 250 billion notes by private placement

By Susanna Moon

Chicago, July 5 – ICICI Bank Ltd. notified the Bombay Stock Exchange that it will ask for shareholder approval to issue up to Rs. 250 billion of debentures in a private placement.

The shareholder meeting will be held on July 11, according to the company notice.

Icici Bank is based in Mumbai.


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