Business People's Bank of China invests in ICICI Bank through QIP Updated : August 18, 2020 01:15 PM IST The People's Bank of China signed a cheque of Rs 15 crore in the private bank under the qualified institutional placement (QIP) The other prominent investors in the fundraising were the Government of Singapore, Morgan Investment and Societe Generale. As per a BSE filing by ICICI Bank, only three investors were allotted more than 5 percent of the equity shares offered in the issue. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.