ICICI Bank Completes Redemption of Notes

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Icici Bank (IBN) has released an update.

ICICI Bank Limited has announced the successful redemption of USD 150 million in principal and an additional USD 3.15 million in accrued interest for notes issued under its Global Medium Term Note Programme. The redemption occurred on October 7, 2024, fulfilling the bank’s obligations under the terms of the notes. This financial move is indicative of ICICI Bank’s adherence to its debt commitments and could impact investor confidence.

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