SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

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                                 SCHEDULE 13G/A
                                 (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.      4            )(1)
                                    ------------------

                               ICICI BANK LIMITED

            -------------------------------------------------------
                                (Name of Issuer)

                                 EQUITY SHARES

            -------------------------------------------------------
                         (Title of Class of Securities)

                                INE090A01013(2)
            -------------------------------------------------------
                                 (CUSIP Number)

                                  Apr 13, 2004
            -------------------------------------------------------
            (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 8 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    5.   SOLE VOTING POWER
                                                             0
   SHARES
               -----------------------------------------------------------------
BENEFICIALLY   6.   SHARED VOTING POWER
                                                             31,573,574
  OWNED BY
               -----------------------------------------------------------------
    EACH       7.   SOLE DISPOSITIVE POWER
                                                             0
  REPORTING
               -----------------------------------------------------------------
   PERSON      8.   SHARED DISPOSITIVE POWER
                                                             31,573,574
    WITH
--------------------------------------------------------------------------------
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     31,573,574

--------------------------------------------------------------------------------
10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*   [ ]

--------------------------------------------------------------------------------
11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
     5.12%

--------------------------------------------------------------------------------
12.  TYPE OF REPORTING PERSON*
     OO

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                     *SEE INSTRUCTIONS BEFORE FILLING OUT!

Schedule 13G                         Forms

CUSIP No. 45104G104                   13G                      Page 3 of 8 Pages


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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    5.   SOLE VOTING POWER
                                                             0
   SHARES
               -----------------------------------------------------------------
BENEFICIALLY   6.   SHARED VOTING POWER
                                                             19,103,582
  OWNED BY
               -----------------------------------------------------------------
    EACH       7.   SOLE DISPOSITIVE POWER
                                                             0
  REPORTING
               -----------------------------------------------------------------
   PERSON      8.   SHARED DISPOSITIVE POWER
                                                             19,103,582
    WITH
--------------------------------------------------------------------------------
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     19,103,582

--------------------------------------------------------------------------------
10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*   [ ]

--------------------------------------------------------------------------------
11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
     3.10%

--------------------------------------------------------------------------------
12.  TYPE OF REPORTING PERSON*
     OO

--------------------------------------------------------------------------------
                     *SEE INSTRUCTIONS BEFORE FILLING OUT!

Schedule 13G                         Forms

CUSIP No. 45104G104                   13G                      Page 4 of 8 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    5.   SOLE VOTING POWER
                                                             0
   SHARES
               -----------------------------------------------------------------
BENEFICIALLY   6.   SHARED VOTING POWER
                                                             12,469,992
  OWNED BY
               -----------------------------------------------------------------
    EACH       7.   SOLE DISPOSITIVE POWER
                                                             0
  REPORTING
               -----------------------------------------------------------------
   PERSON      8.   SHARED DISPOSITIVE POWER
                                                             12,469,992
    WITH
--------------------------------------------------------------------------------
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     12,469,992

--------------------------------------------------------------------------------
10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*   [ ]

--------------------------------------------------------------------------------
11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
     2.02%

--------------------------------------------------------------------------------
12.  TYPE OF REPORTING PERSON*
     OO

--------------------------------------------------------------------------------
                     *SEE INSTRUCTIONS BEFORE FILLING OUT!

                                                                     PAGE 5 OF 8


ITEM 1(A). NAME OF ISSUER

      ICICI Bank Limited

ITEM 1(B). ADDRESS OF ISSUERS' PRINCIPAL EXECUTIVE OFFICES

      ICICI Bank 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

ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE

      I                   168 Robinson Road
                          #37-01 Capital Tower
                          Singapore 068912

      II & III     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         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-I (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 6 OF 8


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                           31,573,574        0       31,573,574        0       31,573,574

Government of Singapore                       19,103,582        0       19,103,582        0       19,103,582

Monetary Authority of Singapore               12,469,992        0       12,469,992        0       12,469,992

Total (2)(all Reporting Persons)              31,573,574        0       31,573,574        0       31,573,574


(1)   The Government of Singapore Investment Corporation Pte Ltd shares power to
      vote and power to dispose of the 19,103,582 securities beneficially owned
      by it with the Government of Singapore, shares power to vote and dispose
      of the 12,469,992 securities beneficially owned by it with the Monetary
      Authority of 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 7 OF 8


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


(incorporated by reference to Exhibit No. 1 and 2 to Schedule 13G, dated March
23, 1998 regarding SPDR Trust Series 1).

                                                                     PAGE 8 OF 8


                                   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.




      Apr, 22 2004                    Government of Singapore Investment
------------------                    Corporation Pte Ltd
      Date



                                      By  /s/ Ho Yuit Mun      /s/ Peter Lee
                                          --------------------------------------
                                          Ho Yuit Mun          Peter Lee
                                          Assistant Director   Regional Manager



                                      Government of Singapore
                                      by Government of Singapore Investment
                                      Corporation Pte Ltd, its attorney-in-fact

                                      by  /s/ Ho Yuit Mun      /s/ Peter Lee
                                          --------------------------------------
                                          Ho Yuit Mun          Peter Lee
                                          Assistant Director   Regional Manager



                                      Monetary Authority of Singapore
                                      by Government of Singapore Investment
                                      Corporation Pte Ltd, its attorney-in-fact



                                      by  /s/ Ho Yuit Mun      /s/ Peter Lee
                                          --------------------------------------
                                          Ho Yuit Mun          Peter Lee
                                          Assistant Director   Regional Manager