ICICI Bank Share Price in Focus; Board Approves Fund Raise Worth ₹39,450 Million

ICICI Bank has successfully completed a debt issuance to raise ₹39,450 million through unsecured, subordinated, listed, non-convertible Tier 2 bonds.  

The issuance follows the Board’s approval granted on 19 April 2025 and has been disclosed under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements Regulations, 2015. 

Key Development: Bond Issuance Details 

The Bank has allotted 3,945 Tier 2 Basel III compliant bonds, each carrying a face value of ₹10,000,000, issued in dematerialised form on a private placement basis.  

The bonds carry a coupon rate of 7.40% with interest payable annually. They hold ratings of “CARE AAA; Stable” from CARE Ratings and “[ICRA] AAA (Stable)” from ICRA Limited. 

Statements & Tenure Information 

As per Annexure A, the bonds will be listed on the National Stock Exchange of India Limited. The tenor is 15 years from the Deemed Date of Allotment dated November 28, 2025, with a call option available at the end of 10 years and every year thereafter and with a Date of Maturity on November 28, 2040, subject to exercise of any call option by the Bank. 

Principal repayment is scheduled at maturity, and delays in payment will attract an additional 2% per annum over the coupon rate. 

Read More: ICICI Bank Gets RBI Approval for 100% Acquisition of ICICI Prudential Pension Funds Management Company! 

ICICI Bank Share Performance  

As of December 01, 2025, at 9:30 AM, ICICI Bank share price trading at ₹1,393, a 0.30% increase from the previous closing price. 

Conclusion 

This issuance strengthens ICICI Bank’s capital structure and demonstrates investor confidence in its financial standing, supported by top-tier ratings. With a long-term maturity profile and defined call option structure, the bonds position the bank to maintain regulatory compliance while bolstering funding flexibility for the upcoming decade. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

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