ICICI Bank eyes first dollar bond sale since 2017, targeting at least $500m
ICICI Bank, India's second-largest private lender, is in talks to raise at least $500 million through offshore dollar bonds — its first such issuance since 2017. The move aims to capitalise on a recent Reserve Bank of India concession allowing greater overseas borrowing. The deal is still being discussed, according to people familiar with the matter.
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