15 Oct 2025 | 3 Mins Read
ICICI Prudential to raise Rs 1,200 crore
Flipitmoney
ICICI Prudential Life Insurance plans to raise ₹1,200 crore through subordinated debt by exercising a call option on an existing issue. The insurer's solvency ratio remains at 213.2%, above the regulatory threshold of 150%, even after the exercise, and Icra has reaffirmed the rating of its subordinated debt programs as Icra AAA (Stable).