================================================================================ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 -------------------------------------------------------------------------------- SCHEDULE 13G (RULE 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c) and (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2 (Amendment No. )(1) ----------------- ICICI BANK LIMITED --------------------------------------- (Name of Issuer) EQUITY SHARES --------------------------------------- (Title of Class of Securities) INE090A01013(2) --------------------------------------- (CUSIP Number) 26 Sep 2002 --------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1 (b) [X] Rule 13d-1 (c) [ ] Rule 13d-1 (d) ------------ (1) The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. (2) This Schedule 13G relates to ownership of equity shares which are not publicly traded in the United States. The CUSIP number for the American Depositary Shares, each representing two equity share, is 45104G104 The information required in the remainder of this cover shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). ================================================================================ Schedule 13G Forms -------------------------------------------------------------------------------- CUSIP NO. 45104G104 13G Page 2 of 9 Pages ------------------- ----------------- -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSONS I.R.S IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) GOVERNMENT OF SINGAPORE INVESTMENT CORPORATION PTE LTD (NONE) -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] -------------------------------------------------------------------------------- 3. SEC USE ONLY -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION SINGAPORE -------------------------------------------------------------------------------- NUMBER OF SHARES 5. SOLE VOTING POWER 0 BENEFICIALLY OWNED BY EACH REPORTING PERSON ------------------------------------------------------- WITH 6. SHARED VOTING POWER 48,104,265 ------------------------------------------------------- 7. SOLE DISPOSITIVE POWER 0 ------------------------------------------------------- 8. SHARED DISPOSITIVE POWER 48,104,265 -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 48,104,265 -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.85% -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* OO -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILING OUT! Schedule 13G Forms -------------------------------------------------------------------------------- CUSIP NO. 45104G104 13G Page 3 of 9 Pages ------------------- ----------------- -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSONS I.R.S IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) GOVERNMENT OF SINGAPORE (NONE) -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] -------------------------------------------------------------------------------- 3. SEC USE ONLY -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION SINGAPORE -------------------------------------------------------------------------------- NUMBER OF SHARES 5. SOLE VOTING POWER 0 BENEFICIALLY OWNED BY EACH REPORTING PERSON ------------------------------------------------------- WITH 6. SHARED VOTING POWER 31,511,427 ------------------------------------------------------- 7. SOLE DISPOSITIVE POWER 0 ------------------------------------------------------- 8. SHARED DISPOSITIVE POWER 31,511,427 -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 31,511,427 -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.14% -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* OO -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILING OUT! Schedule 13G Forms -------------------------------------------------------------------------------- CUSIP NO. 45104G104 13G Page 4 of 9 Pages ------------------- ----------------- -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSONS I.R.S IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) MONETARY AUTHORITY OF SINGAPORE (NONE) -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] -------------------------------------------------------------------------------- 3. SEC USE ONLY -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION SINGAPORE -------------------------------------------------------------------------------- NUMBER OF SHARES 5. SOLE VOTING POWER 0 BENEFICIALLY OWNED BY EACH REPORTING PERSON ------------------------------------------------------- WITH 6. SHARED VOTING POWER 12,851,491 ------------------------------------------------------- 7. SOLE DISPOSITIVE POWER 0 ------------------------------------------------------- 8. SHARED DISPOSITIVE POWER 12,851,491 -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 12,851,491 -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 2.10% -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* OO -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILING OUT! Schedule 13G Forms -------------------------------------------------------------------------------- CUSIP NO. 45104G104 13G Page 5 of 9 Pages ------------------- ----------------- -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSONS I.R.S IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) BOARD OF COMMISSIONERS OF CURRENCY, SINGAPORE (NONE) -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] -------------------------------------------------------------------------------- 3. SEC USE ONLY -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION SINGAPORE -------------------------------------------------------------------------------- NUMBER OF SHARES 5. SOLE VOTING POWER 0 BENEFICIALLY OWNED BY EACH REPORTING PERSON ------------------------------------------------------- WITH 6. SHARED VOTING POWER 3,741,347 ------------------------------------------------------- 7. SOLE DISPOSITIVE POWER 0 ------------------------------------------------------- 8. SHARED DISPOSITIVE POWER 3,741,347 -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,741,347 -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.61% -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON* OO -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILING OUT! PAGE 6 OF 9 ITEM 1(a). NAME OF ISSUER ICICI Bank Limited ITEM 1(b). ADDRESS OF ISSUERS' PRINCIPAL EXECUTIVE OFFICES ICICI Towers 4th Floor South Tower Bandra-Kurla Complex Bandra (East) Mumbai 400 051 India ITEM 2(a). NAME OF PERSON FILING I Government of Singapore Investment Corporation Pte Ltd II Government of Singapore III Monetary Authority of Singapore IV Board of Commissioners of Currency, Singapore ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE I 168 Robinson Road #37-01 Capital Tower Singapore 068912 II, III & IV c/o Government of Singapore Investment Corporation Pte Ltd 168 Robinson Road #37-01 Capital Tower Singapore 068912 ITEM 2(c). CITIZENSHIP I, II, III & IV Singapore ITEM 2(d). TITLE OF CLASS OF SECURITIES Equity Shares ITEM 2(e). CUSIP NUMBER INE090A01013, 45104G104 (for ADS) ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b) OR 13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A N.A. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(c), CHECK THIS BOX. [x] PAGE 7 OF 9 ITEM 4. OWNERSHIP The aggregate number of securities and percentage of the class of securities of the Issuer beneficially owned by each Reporting Person named in Item 2(a), as well as the number of securities as to which such person is deemed to have sole power to vote or to direct the vote, shared power to vote or to direct the vote, sole power to dispose or to direct the disposition, shared power to dispose or direct the disposition, is set forth in the following table: POWER TO VOTE POWER TO DISPOSE -------------------- ---------------------- NO OF SECURITIES PERSON BENEFICIALLY OWNED SOLE(1) SHARED(1) SOLE(1) SHARED(1) ------ ------------------ ------- ---------- ------- ---------- Government of Singapore Investment Corporation Pte Ltd 48,104,265 0 48,104,265 0 48,104,265 Government of Singapore 31,511,427 0 31,511,427 0 31,511,427 Monetary Authority of Singapore 12,851,491 0 12,851,491 0 12,851,491 Board of Commissioners of Currency, Singapore 3,741,347 0 3,741,347 0 3,741,347 Total(2) (all Reporting Persons) 48,104,265 0 48,104,265 0 48,104,265 ------------ (1) The Government of Singapore Investment Corporation Pte Ltd shares power to vote and power to dispose of the 31,511,427 securities beneficially owned by it with the Government of Singapore, shares power to vote and dispose of the 12,851,491 securities beneficially owned by it with the Monetary Authority of Singapore, and shares power to vote and dispose of the 3,741,347 securities owned by it with the Board of Commissioners of Currency, Singapore. (2) The reporting persons disclaim membership in a group. ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS N.A. ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON N.A. ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY N.A. ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP N.A. PAGE 8 OF 9 ITEM 9. NOTICE OF DISSOLUTION OF GROUP N.A. ITEM 10. CERTIFICATION By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. MATERIAL TO BE FILED AS EXHIBITS 1. Power of Attorney by Minister for Finance, Singapore dated 5 March 1998 2. Power of Attorney by Monetary Authority of Singapore dated 6 March 1998 3. Power of Attorney by Board of Commissioners of Currency, Singapore dated 5 March 1998 (incorporated by reference to Exhibit No. 1, 2 and 3 to Schedule 13G, dated March 23, 1998 regarding SPDR Trust Series 1). PAGE 9 OF 9 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Oct 3, 2002 Government of Singapore Investment --------------------------- Corporation Pte Ltd Date by /s/ Ho Yuit Mun -------------------------------------- Ho Yuit Mun Assistant Director by /s/ Kelvin Lim -------------------------------------- Kelvin Lim Regional Manager Government of Singapore by Government of Singapore Investment Corporation Pte Ltd, its attorney-in-fact by /s/ Ho Yuit Mun -------------------------------------- Ho Yuit Mun Assistant Director by /s/ Kelvin Lim -------------------------------------- Kelvin Lim Regional Manager Monetary Authority of Singapore by Government of Singapore Investment Corporation Pte Ltd, its attorney-in-fact by /s/ Ho Yuit Mun -------------------------------------- Ho Yuit Mun Assistant Director by /s/ Kelvin Lim -------------------------------------- Kelvin Lim Regional Manager Board of Commissioners of Currency, Singapore by Government of Singapore Investment Corporation Pte Ltd, its attorney-in-fact by /s/ Ho Yuit Mun -------------------------------------- Ho Yuit Mun Assistant Director by /s/ Kelvin Lim -------------------------------------- Kelvin Lim Regional Manager