ICICI Bank Mobilizes $17.88 Bn via FCNR(B) Deposits, Issues $3.55 Bn Bonds
ICICI Bank mobilized approximately USD 17.88 billion (₹1,702 billion) via FCNR(B) deposits as of August 31, 2026. Loans against these deposits were USD 9.00 billion (₹856 billion). The bank also issued USD 3.55 billion (₹338 billion) in USD-denominated bonds during July-August 2026.
The substantial figures related to deposit mobilization and bond issuance indicate significant financial activity for the bank, impacting its liquidity and funding profile.
The announcement provides provisional financial figures related to deposit mobilization and bond issuance, which are routine disclosures for a bank. There is no significant positive or negative news.
ICICI Bank Limited has announced its provisional and unaudited figures regarding its FCNR (B) deposit swap facility with the Reserve Bank of India. As of August 31, 2026, the bank achieved a gross mobilization of approximately USD 17.88 billion (approximately ₹1,702 billion) under this facility.
Loans provided by the bank's international branches and subsidiaries against these deposits amount to approximately USD 9.00 billion (approximately ₹856 billion). Additionally, standby letters of credit issued by ICICI Bank to other banks for loans against such deposits are around USD 3.63 billion (approximately ₹346 billion).
Furthermore, during July-August 2026, the bank issued USD-denominated bonds totaling approximately USD 3.55 billion (approximately ₹338 billion), as previously intimated. The reported rupee amounts are based on the exchange rate prevailing on August 31, 2026.
A plain-language summary of a public exchange filing by ICICI Bank Limited. Read the original for the full detail.