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ICICI Bank added 2.43% to Rs 1,343.70 after the bank said that its board is scheduled to meet on 19 April 2025, to consider raising funds on a private placement basis.
ICICI Bank gains as board mulls fundraising on 19 April
15-Apr-2025, 09:31
'fund raising by way of issuance of debt securities including by way of non-convertible debentures in domestic markets by way of private placement and issuance of bonds/notes/offshore certificate of deposits in overseas markets; and buyback of debt securities within the limits that the board is authorised to approve under applicable law,' the bank stated in regulatory filing.
'fund raising by way of issuance of debt securities including by way of non-convertible debentures in domestic markets by way of private placement and issuance of bonds/notes/offshore certificate of deposits in overseas markets; and buyback of debt securities within the limits that the board is authorised to approve under applicable law,' the bank stated in regulatory filing.
ICICI Bank is a leading private sector bank in India. The bank has a network of 6,742 branches and 16,277 ATMs & cash recycling machines at 31 December 2024.
The bank's standalone net profit increased 14.8% to Rs 11,792.42 crore on 13% jump in total income to Rs 48,367.87 crore in Q3 FY25 over Q3 FY24.
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