United States
                       Securities and Exchange Commission
                             Washington, D.C. 20549


                                    FORM 6-K


                            Report of Foreign Issuer
                    Pursuant to Rule 13a-16 or 15d-16 under
                      the Securities Exchange Act of 1934


                         For the month of January 2001


                                 ICICI Limited
                (Translation of registrant's name into English)


                                  ICICI Towers
                              Bandra-Kurla Complex
                             Mumbai, India 400 051
                    (Address of principal executive office)


    Indicate by check mark whether the registrant files or will file annual
                 reports under cover of Form 20-F or Form 40-F.


                    Form 20-F X                Form 40-F __


        Indicate by check mark whether the registrant by furnishing the
 information contained in this Form is also thereby furnishing the information
            to the Commission pursuant to Rule 12g 3-2(b) under the
                       Securities Exchange Act of 1934.


                    Yes __                     No. X

       If "Yes" is marked, indicate below the file number assigned to the
                registrant in connection with Rule 12g 3-2(b).


                                Not applicable.





                               INDEX TO EXHIBITS

Item
- ----
1.    Letter filed with Domestic Stock Exchange

2.    Press announcement by ICICI Infotech Limited (Subsidiary of ICICI Limited)





                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.


Dated:   January 30, 2001


                                              ICICI Ltd.


                                              By: /s/ Jyotin Mehta
                                                  ------------------------------
                                                  Name:  Jyotin Mehta
                                                  Title: Joint General Manager
                                                         & Company Secretary