ICICI Bank raises 11 bln rupees via bond sale

Last Updated: Mon, Mar 18, 2013 05:11 hrs

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.

More from Sify: