ICICI Bank allots Tier 2 Basel III compliant bonds aggregating Rs 1,000 cr

ICICI Bank has allotted 1,000 unsecured, subordinated, listed, non-convertible, Tier 2, Basel III compliant bonds in the nature of debentures (Bonds) each bearing a face value of Rs 10,000,000 aggregating to Rs 1,000 crore for cash, in dematerialised form, on private placement basis today to identified investors.

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