ICICI Bank Prepares for Capital Push with Key Decisions on April 19

ICICI Bank has announced that its board will meet on April 19, 2025, to deliberate on plans for raising funds through debt securities and conducting a buyback of debt instruments. The proposed fundraising includes issuing non-convertible debentures in the domestic market via private placement and bonds or offshore certificates of deposit in overseas markets.

 

This strategic move is expected to strengthen the bank’s capital base and support its growth objectives. The meeting coincides with the announcement of the bank’s earnings for the January–March quarter, providing insights into its financial performance and future outlook.

 

Source: Moneycontrol