ICICI Bank may raise Rs 20,000 crore aiming to fill credit gap left by NBFCs
Updated: 19 Nov 2019, 05:33 PM IST
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ICICI Bank Ltd. is planning to raise at least Rs 2... moreICICI Bank Ltd. is planning to raise at least Rs 20,000 crore via a qualified institutional placement (QIP) within this fiscal year. ICICI Bank has reached out to investment banking firms on the proposed capital raising and may soon give a formal mandate to some of the bankers. If the ICICI Bank QIP goes through, it will be largest QIP ever in the country.