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ICICI bank bought back bonds worth $90.88 mn

ICICI Bank
Mumbai, Apr 1: One of India's largest private sector lender ICICI Bank bought back bonds worth $90.88 million (Rs 460 crores) at a face value from its Bahrain branch. The bank in a filing to the Bombay Stock Exchange (BSE) said it has re-purchased bonds in their face value, aggregating to $75.88 million out of the $2 billion bonds.

ICICI repurchased the bonds through open market purchases by dealers acting on behalf of the bank. Issued in 2007, the bond were scheduled to mature in 2012.

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ICICI posts 25 pc rise in Q1 profits

Mumbai, July 21: Country's second largest bank ICICI has recored a 25 per cent increase in net profits for the quarter ended June 30 even as higher interest rates claimed a slow down in auto and home loans. Profits grew to Rs 775 crore from Rs 620 crore. ''There was a slow down in home and auto loans. But this didn't have any bigger impact in total business as urban retail credit segment responded well,''.....
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kvenkataramana 06 Aug 2009 04:21 pm
can i redeem my icici tx saving bonds?. If i transfers to others whom can receives redeem amount at meturity date. plese may give information to my mail.id: kedam_venkat@yahoo.co.in
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