ICICI Bank Limited (IBN) News
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- Last price
- $27.90
- Day change
- +0.14%
- Next earnings
- 2026-10-16
IBN headlines
latest coverageHSBC Holdings Plc and ICICI Bank Ltd. in GIFT City have emerged as the biggest lenders to India’s vast diaspora under a special foreign-exchange swap program, signaling the financial hub’s growing role in channeling global capital into the country.
Lender’s shares have tumbled 29% this year, their worst showing relative to the Nifty Bank gauge since 2003.
India’s ICICI Bank Ltd. has launched a syndicated offshore loan of about $1.45 billion, according to people familiar with the matter, joining a growing number of local banks tapping overseas debt to capitalize on a central bank facility that lowers hedging costs.
ICICI Bank Ltd. posted better-than-expected results as India’s second-largest private-sector lender benefited from healthy loan growth across retail and corporate segments.
ICICI Bank Ltd., India’s second-largest private-sector lender, is in talks to raise at least $500 million in offshore bonds as it seeks to capitalize on a recent Reserve Bank of India concession for overseas borrowings, according to people familiar with the matter.
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