Quarterly Updates2 Sept 2026, 08:24 am

ICICI Bank Mobilizes $17.88 Bn via FCNR(B) Deposits

AI Summary

ICICI Bank has mobilized approximately USD 17.88 billion (₹1,702 billion) through the Reserve Bank of India's swap facility for FCNR(B) deposits, maturing by August 31, 2026. Loans provided by its international branches and subsidiaries against these deposits amount to USD 9.00 billion (₹856 billion). Additionally, standby letters of credit issued by the bank for loans against these deposits total USD 3.63 billion (₹346 billion). The bank also issued USD 3.55 billion (₹338 billion) of USD denominated bonds in July-August 2026. This information is provisional and unaudited.

Key Highlights

Mobilized $17.88 billion in FCNR(B) deposits.
Provided $9.00 billion in loans via international branches.
Issued $3.63 billion in standby letters of credit.
Issued $3.55 billion in USD denominated bonds.

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ICICIBANK

Private Sector Bank

ICICI BANK LTD.

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