India’s ICICI Bank to Raise $2 Billion
A customer approaches an ICICI Bank branch in Mumbai.
Photographer: Dhiraj Singh/BloombergThis article is for subscribers only.
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ICICI Bank Ltd. plans to raise as much as 150 billion rupees ($2 billion) in capital, adding to the list of Indian lenders that are bolstering buffers as the pandemic threatens to push up bad loans.