Icici To Swap Part Of Corporate Loans With Govt Paper

ICICI has started negotiating with a few public sector banks for swapping part of its corporate loans with government paper. This will help the merged entity fulfill its 25 per cent statutory liquidity requirement (SLR) commitment.

A high-powered team comprising managing director and CEO KV Kamath, deputy managing director HN Sinor and executive director Kalpana Morparia is kicking off its