ICICI is expected to rake in over Rs 1,100 crore by selling its 16 per cent stake in ICICI Bank, with which it merged, over the next few weeks. Sources said the negotiations reached the final stage. ICICI is set to strike the deal before the birth of the merged entity on March 31. The money can, then, be used to clean up the balance sheet for 2001-02.
ICICI
