ICICI Bank will use the money to finance companies that include automobiles and auto components, shipping, infrastructure and large power projects, Deputy Managing Director Chanda Kochhar told reporters here after signing a Line of Credit with Korea Eximbank. The Line of Credit — ‘Untied Two-Step Loan’ — will be utilised to finance foreign currency requirements of Indian corporates and corporates from neighbouring countries having equity participation by Korean companies or having business relationship with Korean companies. Under the agreement, ICICI Bank’s Hong Kong Branch will avail US$200 million revolving Line of Credit from Korea Eximbank. This is the first of its kind to be extended by Korea Eximbank.