The bank plans to raise funds through issue of debt securities, including non-convertible debentures/bonds/notes/offshore certificate of deposits, in single/multiple tranches in any currency through public/private placement.
The board will also consider Q4 results on 23 April 2022.
ICICI Bank is the second largest private sector bank in India. The bank had a network of 5,298 branches and 13,846 ATMs at 31 December 2021.
The banks standalone net profit grew 25% to Rs 6,194 crore in Q3 FY22 from Rs 4,940 crore in Q3 FY21. Total income during the quarter rose by 11% Y-o-Y (year-on-year) to Rs 27,070 crore.
Shares of ICICI Bank rose 0.59% to Rs 764.15 on Tuesday.
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