ICICI Bank mobilises $17.9B in FCNR deposits

ICICI Bank says its FCNR (B) swap-facility figures up to Aug. 31, 2026 are provisional, unaudited, and use Aug. 31 exchange-rate translations.

Rhea-AI Filing Summary

ICICI Bank Limited (IBN) reports activity under the Reserve Bank of India’s swap facility for FCNR (B) deposits up to August 31, 2026. The Bank mobilised approximately USD 17.88 billion of such deposits, with related loans from its international branches and subsidiaries of about USD 9.00 billion and standby letters of credit of about USD 3.63 billion issued to other banks. The Bank also issued in aggregate around USD 3.55 billion of USD-denominated bonds during July–August 2026. All rupee figures are convenience translations at the August 31, 2026 exchange rate, and the data is stated as provisional and unaudited.

Key Figures

Gross FCNR (B) deposits mobilised: USD 17.88 billion Gross FCNR (B) deposits mobilised (INR): ₹ 1,702 billion Loans against FCNR (B) deposits: USD 9.00 billion +5 more

8 metrics

Gross FCNR (B) deposits mobilised USD 17.88 billion Under Reserve Bank of India’s swap facility up to August 31, 2026

Gross FCNR (B) deposits mobilised (INR) ₹ 1,702 billion Convenience translation at August 31, 2026 exchange rate

Loans against FCNR (B) deposits USD 9.00 billion Loans by international branches and subsidiaries against such deposits

Loans against FCNR (B) deposits (INR) ₹ 856 billion Convenience translation at August 31, 2026 exchange rate

Standby letters of credit on loans against deposits USD 3.63 billion SBLCs issued to other banks in respect of loans against such deposits

Standby letters of credit (INR) ₹ 346 billion Convenience translation at August 31, 2026 exchange rate

USD-denominated bonds issued July–August 2026 USD 3.55 billion Aggregate amount of USD bonds issued during July–August 2026

USD-denominated bonds issued (INR) ₹ 338 billion Convenience translation at August 31, 2026 exchange rate

Key Terms

FCNR (B) deposits, swap facility, standby letters of credit, convenience translation

4 terms

FCNR (B) deposits financial

"swap facility for FCNR (B) deposits up to August 31, 2026"

swap facility financial

"Pursuant to Reserve Bank of India’s swap facility for FCNR (B) deposits"

standby letters of credit financial

"standby letters of credit issued by the Bank to other banks"

A standby letter of credit is a bank’s written promise to pay a beneficiary if the customer fails to meet a contractual obligation, acting like a backup insurance policy that kicks in only if the borrower doesn’t pay or perform. Investors care because it reduces payment risk for counterparties and can create a potential obligation for the borrower’s finances, signaling how much external credit support or hidden risk a company has.

convenience translation financial

"₹ amounts represent convenience translation at the exchange rate"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What FCNR (B) deposit mobilisation did ICICI Bank (IBN) report up to August 31, 2026?

ICICI Bank reported gross mobilisation under the RBI’s swap facility for FCNR (B) deposits of approximately USD 17.88 billion, equivalent to about ₹ 1,702 billion using the exchange rate prevailing on August 31, 2026. The figures are described as provisional and unaudited.

How much in loans has ICICI Bank (IBN) provided against these FCNR (B) deposits?

International branches and subsidiaries of ICICI Bank have provided loans of about USD 9.00 billion against the FCNR (B) deposits, equivalent to approximately ₹ 856 billion, based on the August 31, 2026 exchange rate. The information is provisional and unaudited.

What standby letters of credit related to FCNR (B) loans has ICICI Bank (IBN) issued?

ICICI Bank has issued standby letters of credit to other banks covering loans against the FCNR (B) deposits amounting to around USD 3.63 billion, or roughly ₹ 346 billion, using the August 31, 2026 exchange rate. These amounts are stated as provisional and unaudited.

What USD-denominated bonds did ICICI Bank (IBN) issue in July–August 2026?

ICICI Bank states it has issued in aggregate approximately USD 3.55 billion of USD-denominated bonds during July–August 2026, equivalent to about ₹ 338 billion at the August 31, 2026 exchange rate. The Bank notes these bond issuances were previously intimated on various dates.

Are the figures disclosed by ICICI Bank (IBN) in this 6-K audited?

No. ICICI Bank specifies that the information on FCNR (B) deposits, related loans, standby letters of credit, and USD bond issuances is provisional and unaudited, with rupee amounts given as convenience translations based on the August 31, 2026 exchange rate.

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Available on EDGAR 09/02/2026 - 06:08 AM EDT Accepted by SEC EDGAR 09/02/2026 - 06:08 AM EDT Learn about SEC filing dates

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 6-K 

REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13a -16 OR

15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of September 2026

Commission File Number: 001-15002

ICICI Bank Limited
(Translation of registrant’s name into English)

ICICI Bank Towers,
Bandra-Kurla Complex
Mumbai, India 400 051
(Address of principal executive office)

Indicate by check mark whether the registrant files or will file
annual reports under cover Form 20-F or Form 40-F.

Form 20-F   X  Form 40-F      

Table of Contents

Items:

1. Others

 

OTHER NEWS

Subject: Disclosure under Indian Listing Regulations

IBN

ICICI Bank Limited (the Bank) Report on Form 6-K

The Bank has made the below announcement to the Indian Stock Exchanges:

Pursuant to Reserve Bank of India’s swap facility for FCNR (B) deposits up to August 31, 2026, the gross mobilisation by ICICI Bank Limited (the Bank) is ~ USD 17.88 billion (~ ₹ 1,702 billion). Loans provided by international branches and subsidiaries of the Bank against such deposits are ~ USD 9.00 billion (~ ₹ 856 billion). Further, standby letters of credit issued by the Bank to other banks in respect of loans against such deposits would amount to ~ USD 3.63 billion (~ ₹ 346 billion). As previously intimated by the Bank on various dates, the Bank has issued in aggregate ~ USD 3.55 billion (~ ₹ 338 billion) of USD denominated bonds during July-August 2026.

Note: ₹ amounts represent convenience translation at the exchange rate prevailing on August 31, 2026.

The above information is provisional and unaudited. You are requested to take the same on record.

ICICI Bank Limited ICICI Bank Towers Bandra-Kurla Complex Mumbai 400 051, India. Tel.: 022- 4008 8900 Email: companysecretary@icici.bank.in Website: www.icici.bank.in CIN.: L65190GJ1994PLC021012 Regd. Office: ICICI Bank Tower, Near Chakli Circle, Old Padra Road, Vadodara 390007. India

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorised.

			For ICICI Bank Limited
Date	: September 2, 2026		By:	/s/ Prachiti Lalingkar
				Name :	Prachiti Lalingkar
				Title    :	Company Secretary

ICICI Bank Limited ICICI Bank Towers Bandra-Kurla Complex Mumbai 400 051, India. Tel.: 022- 4008 8900 Email: companysecretary@icici.bank.in Website: www.icici.bank.in CIN.: L65190GJ1994PLC021012 Regd. Office: ICICI Bank Tower, Near Chakli Circle, Old Padra Road, Vadodara 390007. India