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Live News EQUITY ARTICLE M impact

ICICI Bank mobilizes $17.88B FCNR(B) and LIC cleared for 9.99% stake

ICICI Bank Limited Sponsored ADR says FCNR(B) mobilization totals $17.88B alongside USD bond issuance and a draw under its $7.5B MTN. LIC has been cleared to buy up to a 9.99% stake.

ICICIBANK

5B MTN. 99% and the ADR outperformed peers, supported by strong card spend and RuPay-UPI growth.