ICICI Bank‘s board will meet on July 8 to discuss and consider the proposal of raising funds by issue of equity shares and/or other equity linked securities, subject to shareholders’ approval and regulatory and other approvals as may be required. While announcing its results for the quarter ended March 31, 2020 on May 9, 2020, ICICI Bank had said that lender would look at further strengthening the balance sheet as opportunities arise.
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