Loan & Debt21 Aug 2026, 10:59 am
ICICI Bank revises overseas borrowing limit to USD 5 Billion
AI Summary
ICICI Bank Limited announced that its Board of Directors has approved a revised borrowing limit of up to USD 5.00 billion through issuances of bonds, notes, or offshore Certificates of Deposit in overseas markets. The decision was made during a board meeting held on August 21, 2026. The meeting commenced at 10:28 a.m. and concluded at 10:44 a.m. This move allows the bank to enhance its funding capabilities in international markets.
Key Highlights
- Board approved revised overseas borrowing limit.
- New limit set at up to USD 5.00 billion.
- Borrowings via bonds, notes, offshore CDs.
- Board meeting held on August 21, 2026.
- Enhances international funding capacity.
Price Impact
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