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 August 2003
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 __ |
Indicate
by check mark whether the registrant by furnishing the information
contained in
this Form is also thereby furnishing the information to the Commission
pursuant to
Rule 12g 3-2(b) under the Securities Exchange Act of 1934.
| Yes __ | No X |
If
“Yes” is marked, indicate below the file number assigned
to the registrant
in connection with Rule 12g 3-2(b).
Not applicable.
INDEX TO EXHIBITS
| Item | |
| 1. | Form 6-K dated August 1, 2003 |
| 2. | A copy of the letter addressed to Vadodara Stock Exchange Limited. |
SIGNATURES
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 authorized.
Dated: August 1, 2003
| For ICICI Bank Limited | ||
| By | : | /s/ Rajesh Saxena |
| Name | : | Rajesh Saxena |
| Title | : | Chief Manager |
August 1, 2003
Mr. Dishant Sagwaria
Officiating
Executive Director
Vadodara Stock Exchange Limited
Fortune Towers
Sayajigunj VADODARA 390 005
Dear Sir :
Press Release
We enclose herewith, a copy of the Press Release dated today, issued in connection with, the conclusion of ICICI Bank’s Early Retirement Option to employees, for your information and record.
Please acknowledge receipt.
Yours faithfully,
/s/ R.K. Saxena
R.K. Saxena
Chief Manager
Encl:
|
ICICI
Bank Limited ICICI Bank Towers Bandra Kurla Complex Mumbai 400 051 |
| News Release | August 1, 2003 |
ICICI Bank’s Early Retirement Option
It may be recalled that ICICI Bank (NYSE: IBN) had offered an Early Retirement Option (ERO) to its employees, to be exercised between July 1 - July 31, 2003. Over 1,350 employees at various locations across India (including about 800 non-managerial staff) have exercised the Option. ICICI Bank has put in place appropriate staffing plans for replacement of retiring employees in key positions.
Except for the historical information contained herein, statements in this Release which contain words or phrases such as 'will', 'would', etc., and similar expressions or variations of such expressions may constitute 'forward-looking statements'. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to our ability to obtain statutory and regulatory approvals and to successfully implement our strategy, future levels of non-performing loans, our growth and expansion in business, the adequacy of our allowance for credit losses, technological implementation and changes, the actual growth in demand for banking products and services, investment income, cash flow projections, our exposure to market risks as well as other risks detailed in the reports filed by us with the United States Securities and Exchange Commission. ICICI Bank undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof.
For further press queries please contact Madhvendra Das at 022-2653 8252 or e-mail: madhvendra.das@icicibank.com.