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Published on 9/19/2018 in the Prospect News Emerging Markets Daily.

India’s Icici Bank committee to consider raising funds via new debt

By Sarah Lizee

Olympia, Wash., Sept. 19 – Icici Bank Ltd. informed the Bombay Stock Exchange that the committee of executive directors will meet on Monday to consider raising offshore funds by way of issuing debt in any currency for the remaining period of financial year 2018-2019.

The debt would be issued in one or more tranches on a public or private placement basis, according to the notice.

Icici Bank is based in Mumbai.


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