Board approves USD 5 bn overseas borrowing limit
ICICIBANK · price
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ICICI Bank's Board on Aug 21, 2026 approved raising the limit for overseas borrowings through bonds, notes, and offshore Certificate of Deposits to up to USD 5.00 billion. The 16-minute meeting focused on revising this borrowing cap, indicating plans for significant foreign currency fundraising to support growth or balance sheet needs.
Signals intent to raise large foreign currency funds, expanding funding sources beyond domestic markets.