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ICICI head says high rates will slow India industry India's industrial growth could follow consumer spending and slow if interest rates are not lowered, ICICI Bank managing director K.V. Kamath said on Monday. 17 Sep 2007
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ICICI Bank to set up $2 billion infrastructure fund India's largest private sector bank, ICICI Bank, proposes to set up a $2 billion infrastructure fund - the largest infrastructure fund by an Indian entity to hit the market. 11 Sep 2007
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ICICI Bank signs $200 million credit line with Korean Eximbank India's largest private sector bank, ICICI Bank has signed a $200 million line of credit with The Export-Import (Exim) Bank of Korea (Korean Eximbank) to support Korean companies operating globally. 26 Aug 2007
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ICICI Bank joins trillion rupee club India's largest private sector bank, ICICI Bank has entered the elite trillion rupee club, joining the likes of Reliance Industries, Reliance Communications, ONGC, Bharti Airtel, NTPC, Infosys and TCS following its successful raise of Rs. 5400 crore through a follow-on public offer (FPO). 10 Jul 2007
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ICICI Bank FPO oversubscribed, investors' mood high The country's largest private lender, ICICI Bank, which fixed the price band of its follow-on public offer (FPO) at Rs. 885 to Rs. 950 a share to raise over Rs. 10,000 crore from the domestic market, has met with success with its offer being subscribed more than 12 times, according to the data on the National Stock Exchange (NSE) website. 29 Jun 2007
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Hungry for More: Investors await ICICI Bank's $5 billion FPO The frenzy is over. With the much-hyped initial public offer (IPO) of the realty major DLF closing on June 14, the investors are now looking forward to the ICICI Bank's Rs. 20,000 crore (about $5 billion) follow-on public offer (FPO) which is expected to open on June 19 and will be open for subscription till June 22. 18 Jun 2007
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Banks to raise $12 billion to meet Basel-II norms Issuances by State Bank of India and ICICI Bank, the country's top two lenders, are only two in a series of share and debt issuances from the Indian banking sector, which is racing against time to bolster its capital, as stipulated by the global banking guidelines, Basel-II. 17 May 2007
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12 Indian cos. in Forbes Asia's list of 'Fabulous 50' Bajaj Auto, BHEL, Infosys, ITC and RIL are among the 12 listed Indian companies which have figured in the latest list of "Fabulous 50" of prestigious international magazine 'Forbes Asia.' 06 Dec 2006
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Sensex crosses 12,600 mark in early trade The benchmark 30-share Bombay Stock Exchange (BSE) index, Sensex crossed the magical 12,600 points mark for the first time in early trade on May 10 on aggressive buying by foreign funds in heavy-weighted scrips. 10 May 2006
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India's banks not worried about rival rush Foreign investment banks may be piling into India to advise the companies looking for overseas expansion or fundraising, but the country's domestic banks aren't worried. 21 Apr 2006