ICICI Bank has defined retail investors as individual bidders, including Hindu undivided families and non-resident Indians (NRIs), whose bid amount does not exceed Rs 1,00,000. Up to 5% of the issue, or Rs 437.5 crore, has been reserved for existing retail shareholders of the bank. ICICI Bank officials said NRIs would have to take the Reserve Bank of India

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First Published: Jun 15 2007 | 1:25 AM IST

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