The country's largest private lender ICICI Bank today said it plans to raise funds to finance infrastructure and affordable housing by issuing long-term bonds via debentures.
The bank periodically evaluates borrowing opportunities through various instruments, ICICI Bank said in a BSE filing.
"The bank is currently evaluating issuance of long-term bonds in the nature of debentures for lending to long-term projects in infrastructure and affordable housing on a private placement basis," it said.
The bank will consider its borrowing proposal at its meeting of Committee of Executive Directors any time next week starting from March 21, it added.
