| Fund Raise Limit | ₹47,500 CrUSD 5.00 Billion |
|---|---|
| Market Cap | ₹10,16,895 CrLarge Cap |
| Net Profit TTM | ₹56,090 Cr6.23% Annual Growth |
| RSI | 47.45Neutral Zone |
| Deal value | ₹47,500 Cr |
| Share of market cap | 4.7% |
Key highlights
- Board approved a revised offshore borrowing limit of USD 5.00 billion (~₹47,500 crore)
- Instruments include bonds, notes, and offshore Certificate of Deposits
- Fundraising will be conducted in overseas markets to diversify capital sources
- Approval granted during a Board meeting held on August 21, 2026
- Bank notified major global exchanges including NYSE, Singapore, and SIX Swiss
What Is the Fund Raise?
The Board of Directors of ICICI Bank, during its meeting on August 21, 2026, authorized a revised borrowing limit of up to USD 5.00 billion. This fundraising will be executed through the issuance of various debt instruments, including bonds, notes, and offshore Certificate of Deposits in overseas markets. The approval allows the bank flexibility in timing and instrument selection based on prevailing global market conditions.
This move updates previous limits to ensure the bank maintains adequate headroom for international resource mobilization and capital adequacy management.
Strategic Rationale
- Tapping into global liquidity pools to diversify the bank's liability profile beyond domestic retail deposits
- Supporting the funding requirements of the bank's international branches and overseas subsidiaries across multiple jurisdictions
- Optimizing the overall cost of funds by accessing international debt markets during favorable interest rate cycles
- Ensuring a robust capital buffer to support continued credit expansion in both corporate and retail segments
- Maintaining a strong presence in global financial markets to enhance institutional visibility and credit standing
Business Overview
ICICI Bank operates as one of India's premier private sector financial institutions, providing a comprehensive suite of banking products and services. Its business is structured across retail banking, wholesale banking, and treasury operations, supported by an extensive network of branches and ATMs. Beyond its domestic leadership, the bank maintains a significant international footprint with subsidiaries in the United Kingdom and Canada, and branches in the United States, Singapore, and several other global financial hubs.
The institution consistently prioritizes digital transformation to drive operational efficiency and customer engagement.
Financial Context
- The bank reported a trailing twelve-month net profit of ₹56,090.16 crore, indicating strong bottom-line performance
- Operating revenue for the June 2026 quarter reached ₹52,240.85 crore, representing a 6.44 percent year-on-year increase
- Institutional holding remains exceptionally high at 92.36 percent, reflecting significant confidence from global and domestic investors
- The bank maintains a healthy Return on Assets of 1.85 percent and a Return on Equity of 15.09 percent on an annual basis
| Share price | ₹1417 |
|---|---|
| Market capitalisation | ₹10.17L Cr |
| Revenue (annual) | ₹1.95L Cr |
| Net profit (annual) | ₹54,207.70 Cr |
| Revenue (latest quarter) | ₹52,240.85 Cr+5.34% vs previous quarter |
| Net profit (latest quarter) | ₹15,440.06 Cr+4.64% vs previous quarter |
| P/E (TTM) | 18.13×Sector 23.03× |
| Promoter holding | 0%0.00% QoQ |
| FII holding | 33.79%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by ICICI Bank Limited announcing the outcome of the Board Meeting held on August 21, 2026. Market figures from a third-party data provider.
