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ICICI Bank raises 11 bln rupees via bond sale

Source : REUTERS
Last Updated: Mon, Mar 18, 2013 05:11 hrs
An employee's shadow is cast on the ICICI Bank logo at their headquarters in Mumbai

ICICI Bank Ltd, India's No. 2 lender, raised 11 billion rupees ($203.53 million) through a 63-month bond sale at 9 percent, two sources with direct knowledge of the deal said.

ICICI Bank and ICICI Securities Primary Dealership are the arrangers to the bond sale, said the sources.

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