India’s ICICI Bank Ltd. has launched a syndicated offshore loan of about $1. 45 billion, according to people familiar with the matter, joining a growing number of local banks tapping overseas debt to capitalize on a central bank facility that lowers hedging costs.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-08-14/icici-joins-indian-banks-chasing-dollar-loans-swelling-demand)