[6-K/A] ICICI Bank Limited Amended Current Report (Foreign Issuer)
ICICI Bank (NYSE: IBN) posted robust Q1-FY26 standalone results. Total income rose 11.9% YoY to ₹51,452 cr, while net profit climbed 15.5% YoY to ₹12,768 cr. Net interest income reached ₹21,635 cr, up 10.6% YoY; non-interest income (ex-treasury) grew 13.7% to ₹7,264 cr. Core operating profit advanced 13.6% YoY to ₹17,505 cr.
Margins & asset quality. NIM stood at 4.34% (Q4-FY25: 4.41%). Gross NPA ratio improved to 1.67% (2.15% a year ago); net NPA ratio fell to 0.41%. Provisioning coverage on NPAs is 75.3%. Provisions rose to ₹1,815 cr versus ₹1,332 cr in Q1-FY25.
Balance-sheet growth. Domestic loans expanded 12.0% YoY to ₹13.31 trn; period-end deposits grew 12.8% YoY to ₹16.09 trn, with average CASA ratio at 38.7%. Capital adequacy remains strong: total CAR 16.97%, CET-1 16.31% (regulatory minima: 11.70% & 8.20%).
Strategic action. Board approved acquisition of the remaining 100% of ICICI Prudential Pension Funds Management for ₹2,035 mn, pending RBI & PFRDA approvals, to enhance “Customer 360” synergies.
Consolidated view. Group PAT rose 15.9% YoY to ₹13,558 cr; assets grew 10.9% YoY to ₹26.69 trn.
ICICI Bank (NYSE: IBN) ha registrato risultati solidi nel primo trimestre dell'anno fiscale 26 a livello standalone. Il reddito totale è aumentato dell'11,9% su base annua, raggiungendo ₹51.452 crore, mentre l'utile netto è cresciuto del 15,5% su base annua a ₹12.768 crore. Il reddito da interessi netto ha raggiunto ₹21.635 crore, con un incremento del 10,6% su base annua; il reddito non da interessi (esclusa la tesoreria) è cresciuto del 13,7%, raggiungendo ₹7.264 crore. Il profitto operativo core è aumentato del 13,6% su base annua, arrivando a ₹17.505 crore.
Margini e qualità degli attivi. Il margine di interesse netto (NIM) si è attestato al 4,34% (Q4-FY25: 4,41%). Il rapporto lordo di crediti deteriorati (NPA) è migliorato all'1,67% (2,15% un anno fa); il rapporto netto di NPA è sceso allo 0,41%. La copertura delle provvigioni sulle NPA è del 75,3%. Le accantonamenti sono aumentati a ₹1.815 crore rispetto a ₹1.332 crore nel Q1-FY25.
Crescita del bilancio. I prestiti domestici sono cresciuti del 12,0% su base annua, raggiungendo ₹13,31 trilioni; i depositi a fine periodo sono aumentati del 12,8% su base annua a ₹16,09 trilioni, con un rapporto CASA medio del 38,7%. La solidità patrimoniale rimane elevata: il coefficiente patrimoniale totale (CAR) è al 16,97%, mentre il CET-1 è al 16,31% (minimi regolamentari: 11,70% e 8,20%).
Azione strategica. Il consiglio di amministrazione ha approvato l'acquisizione del restante 100% di ICICI Prudential Pension Funds Management per ₹2.035 milioni, in attesa delle approvazioni di RBI e PFRDA, per potenziare le sinergie di “Customer 360”.
Visione consolidata. L'utile netto consolidato del gruppo è aumentato del 15,9% su base annua a ₹13.558 crore; gli attivi sono cresciuti del 10,9% su base annua, raggiungendo ₹26,69 trilioni.
ICICI Bank (NYSE: IBN) presentó resultados sólidos en el primer trimestre del año fiscal 26 a nivel individual. Los ingresos totales aumentaron un 11,9% interanual hasta ₹51,452 millones, mientras que el beneficio neto creció un 15,5% interanual hasta ₹12,768 millones. Los ingresos netos por intereses alcanzaron ₹21,635 millones, un 10,6% más que el año anterior; los ingresos no relacionados con intereses (ex-tesorería) crecieron un 13,7% hasta ₹7,264 millones. El beneficio operativo básico avanzó un 13,6% interanual hasta ₹17,505 millones.
Márgenes y calidad de activos. El margen de interés neto (NIM) se situó en 4,34% (Q4-FY25: 4,41%). La ratio bruta de activos dudosos (NPA) mejoró a 1,67% (2,15% hace un año); la ratio neta de NPA bajó a 0,41%. La cobertura de provisiones sobre NPA es del 75,3%. Las provisiones aumentaron a ₹1,815 millones frente a ₹1,332 millones en el Q1-FY25.
Crecimiento del balance. Los préstamos domésticos crecieron un 12,0% interanual hasta ₹13,31 billones; los depósitos al cierre del período aumentaron un 12,8% interanual hasta ₹16,09 billones, con una ratio CASA promedio del 38,7%. La adecuación de capital sigue siendo sólida: el coeficiente de adecuación de capital (CAR) total es del 16,97% y el CET-1 del 16,31% (mínimos regulatorios: 11,70% y 8,20%).
Acción estratégica. La junta aprobó la adquisición del 100% restante de ICICI Prudential Pension Funds Management por ₹2,035 millones, pendiente de aprobaciones del RBI y PFRDA, para potenciar las sinergias de “Customer 360”.
Visión consolidada. El beneficio neto del grupo aumentó un 15,9% interanual hasta ₹13,558 millones; los activos crecieron un 10,9% interanual hasta ₹26,69 billones.
ICICI 은행(NYSE: IBN)이 26회계연도 1분기 단독 실적에서 견고한 성과를 기록했습니다. 총수익은 전년 동기 대비 11.9% 증가한 ₹51,452 크로어를 기록했으며, 순이익은 전년 동기 대비 15.5% 상승한 ₹12,768 크로어에 달했습니다. 순이자수익은 ₹21,635 크로어로 전년 대비 10.6% 증가했고, 비이자수익(재무부 제외)은 13.7% 증가한 ₹7,264 크로어를 기록했습니다. 핵심 영업이익은 전년 대비 13.6% 증가한 ₹17,505 크로어였습니다.
마진 및 자산 건전성. 순이자마진(NIM)은 4.34%를 기록했으며(Q4-FY25: 4.41%), 총 부실채권 비율(Gross NPA)은 1.67%로 개선되었고(1년 전 2.15%), 순 부실채권 비율(Net NPA)은 0.41%로 하락했습니다. 부실채권 대비 충당금 커버리지는 75.3%입니다. 충당금은 Q1-FY25의 ₹1,332 크로어에서 ₹1,815 크로어로 증가했습니다.
대차대조표 성장. 국내 대출은 전년 대비 12.0% 증가한 ₹13.31조를 기록했으며, 기말 예금은 전년 대비 12.8% 증가한 ₹16.09조로, 평균 CASA 비율은 38.7%였습니다. 자본 적정성은 견고하게 유지되어 총자본비율(CAR)은 16.97%, 기본자본비율(CET-1)은 16.31%를 기록했습니다(규제 최소 기준: 11.70% 및 8.20%).
전략적 조치. 이사회는 RBI 및 PFRDA 승인을 조건으로 ICICI Prudential Pension Funds Management의 나머지 100% 지분을 ₹2,035백만에 인수하는 안건을 승인했으며, 이는 “Customer 360” 시너지 강화 목적입니다.
통합 실적. 그룹 순이익은 전년 대비 15.9% 증가한 ₹13,558 크로어를 기록했으며, 자산은 전년 대비 10.9% 증가한 ₹26.69조에 달했습니다.
ICICI Bank (NYSE : IBN) a publié des résultats solides au premier trimestre de l’exercice 26 en mode autonome. Le revenu total a augmenté de 11,9 % en glissement annuel pour atteindre ₹51 452 crores, tandis que le bénéfice net a progressé de 15,5 % en glissement annuel pour atteindre ₹12 768 crores. Le revenu net d’intérêts a atteint ₹21 635 crores, en hausse de 10,6 % en glissement annuel ; les revenus hors intérêts (hors trésorerie) ont augmenté de 13,7 % pour atteindre ₹7 264 crores. Le bénéfice opérationnel de base a progressé de 13,6 % en glissement annuel pour atteindre ₹17 505 crores.
Marges et qualité des actifs. La marge nette d’intérêt (NIM) s’est établie à 4,34 % (T4-FY25 : 4,41 %). Le ratio brut des créances douteuses (NPA) s’est amélioré à 1,67 % (2,15 % il y a un an) ; le ratio net des NPA est tombé à 0,41 %. La couverture des provisions sur les NPA est de 75,3 %. Les provisions ont augmenté à ₹1 815 crores contre ₹1 332 crores au T1-FY25.
Croissance du bilan. Les prêts domestiques ont augmenté de 12,0 % en glissement annuel pour atteindre ₹13,31 billions ; les dépôts de fin de période ont progressé de 12,8 % en glissement annuel pour atteindre ₹16,09 billions, avec un ratio CASA moyen de 38,7 %. La solvabilité reste solide : ratio de fonds propres total (CAR) à 16,97 %, CET-1 à 16,31 % (seuils réglementaires : 11,70 % et 8,20 %).
Action stratégique. Le conseil d’administration a approuvé l’acquisition des 100 % restants d’ICICI Prudential Pension Funds Management pour ₹2 035 millions, sous réserve des approbations de la RBI et de la PFRDA, afin de renforcer les synergies « Customer 360 ».
Vue consolidée. Le bénéfice net du groupe a augmenté de 15,9 % en glissement annuel pour atteindre ₹13 558 crores ; les actifs ont progressé de 10,9 % en glissement annuel pour atteindre ₹26,69 billions.
ICICI Bank (NYSE: IBN) verzeichnete starke Einzelabschlussergebnisse für das erste Quartal des Geschäftsjahres 26. Der Gesamtertrag stieg im Jahresvergleich um 11,9 % auf ₹51.452 Crore, während der Nettogewinn um 15,5 % auf ₹12.768 Crore zunahm. Der Nettozinsertrag erreichte ₹21.635 Crore, ein Anstieg von 10,6 % im Jahresvergleich; der Nichtzinsertrag (ohne Treasury) wuchs um 13,7 % auf ₹7.264 Crore. Der Kernbetriebsgewinn stieg um 13,6 % auf ₹17.505 Crore.
Margen & Vermögensqualität. Die Nettomarge (NIM) lag bei 4,34 % (Q4-FY25: 4,41 %). Die Brutto-NPA-Quote verbesserte sich auf 1,67 % (vor einem Jahr 2,15 %); die Netto-NPA-Quote sank auf 0,41 %. Die Rückstellungsquote für NPAs beträgt 75,3 %. Die Rückstellungen stiegen auf ₹1.815 Crore gegenüber ₹1.332 Crore im Q1-FY25.
Bilanzwachstum. Die inländischen Kredite wuchsen um 12,0 % im Jahresvergleich auf ₹13,31 Billionen; die Einlagen zum Periodenende stiegen um 12,8 % auf ₹16,09 Billionen, mit einer durchschnittlichen CASA-Quote von 38,7 %. Die Kapitalausstattung bleibt stark: Gesamtkapitalquote (CAR) 16,97 %, CET-1 16,31 % (regulatorische Mindestanforderungen: 11,70 % & 8,20 %).
Strategische Maßnahmen. Der Vorstand genehmigte den Erwerb der restlichen 100 % von ICICI Prudential Pension Funds Management für ₹2.035 Millionen, vorbehaltlich der Genehmigungen von RBI und PFRDA, um die „Customer 360“-Synergien zu stärken.
Konsolidierte Sicht. Der Konzern-Nettogewinn stieg um 15,9 % auf ₹13.558 Crore; die Vermögenswerte wuchsen um 10,9 % auf ₹26,69 Billionen.
- Net profit up 15.5% YoY to ₹12,768 cr driven by higher NII and fees
- Core operating profit growth 13.6% indicates healthy underlying franchise
- Asset quality best-in-class: NNPA 0.41%, PCR 75.3%
- Capital ratios robust: CAR 16.97%, CET-1 16.31%
- Loan & deposit growth double-digit at 12%+ YoY, supporting scale
- Strategic acquisition of ICICI PFM strengthens pension offering
- Provision charge up 36% YoY to ₹1,815 cr, reflecting higher slippages
- NIM compressed 7 bps QoQ to 4.34%, showing deposit cost pressure
- Retail loan growth slowed to 6.9% YoY; rural portfolio declined 0.4%
- Gross NPA additions increased to ₹6,245 cr vs ₹5,916 cr YoY
Insights
TL;DR — Strong profit growth, solid capital; watch NIM drift and higher provisions.
ICICI delivered double-digit top-line and bottom-line growth, driven by 10.6% NII expansion and resilient fee income. Asset quality metrics are best-in-class among Indian large-cap banks, with NNPA at 0.41% and 75% PCR. Capital at 17% provides scope for growth and dividends. That said, sequential NIM compression (7 bps) and 37% jump in provisions warrant monitoring, especially as retail growth slowed to 6.9% and rural loans contracted. Acquisition of ICICI PFM is small (<0.1% assets) but deepens retirement services offering. Overall impact: positive.
TL;DR — Credit risk remains contained; coverage, capital and diversified book mitigate uptick in slippages.
Gross NPA additions rose to ₹6,245 cr, yet headline GNPA ratio improved due to aggressive recoveries and portfolio growth. Contingency buffer of ₹13,100 cr plus total extra provisions of ₹22,664 cr (1.7% of loans) limit downside. BB-and-below exposure is just ₹2,995 cr (0.2% of loans). Capital adequacy >5 ppt above requirement further safeguards. Key watch-outs: slower rural lending, higher wholesale share, and potential NIM pressure from rising deposit costs.
ICICI Bank (NYSE: IBN) ha registrato risultati solidi nel primo trimestre dell'anno fiscale 26 a livello standalone. Il reddito totale è aumentato dell'11,9% su base annua, raggiungendo ₹51.452 crore, mentre l'utile netto è cresciuto del 15,5% su base annua a ₹12.768 crore. Il reddito da interessi netto ha raggiunto ₹21.635 crore, con un incremento del 10,6% su base annua; il reddito non da interessi (esclusa la tesoreria) è cresciuto del 13,7%, raggiungendo ₹7.264 crore. Il profitto operativo core è aumentato del 13,6% su base annua, arrivando a ₹17.505 crore.
Margini e qualità degli attivi. Il margine di interesse netto (NIM) si è attestato al 4,34% (Q4-FY25: 4,41%). Il rapporto lordo di crediti deteriorati (NPA) è migliorato all'1,67% (2,15% un anno fa); il rapporto netto di NPA è sceso allo 0,41%. La copertura delle provvigioni sulle NPA è del 75,3%. Le accantonamenti sono aumentati a ₹1.815 crore rispetto a ₹1.332 crore nel Q1-FY25.
Crescita del bilancio. I prestiti domestici sono cresciuti del 12,0% su base annua, raggiungendo ₹13,31 trilioni; i depositi a fine periodo sono aumentati del 12,8% su base annua a ₹16,09 trilioni, con un rapporto CASA medio del 38,7%. La solidità patrimoniale rimane elevata: il coefficiente patrimoniale totale (CAR) è al 16,97%, mentre il CET-1 è al 16,31% (minimi regolamentari: 11,70% e 8,20%).
Azione strategica. Il consiglio di amministrazione ha approvato l'acquisizione del restante 100% di ICICI Prudential Pension Funds Management per ₹2.035 milioni, in attesa delle approvazioni di RBI e PFRDA, per potenziare le sinergie di “Customer 360”.
Visione consolidata. L'utile netto consolidato del gruppo è aumentato del 15,9% su base annua a ₹13.558 crore; gli attivi sono cresciuti del 10,9% su base annua, raggiungendo ₹26,69 trilioni.
ICICI Bank (NYSE: IBN) presentó resultados sólidos en el primer trimestre del año fiscal 26 a nivel individual. Los ingresos totales aumentaron un 11,9% interanual hasta ₹51,452 millones, mientras que el beneficio neto creció un 15,5% interanual hasta ₹12,768 millones. Los ingresos netos por intereses alcanzaron ₹21,635 millones, un 10,6% más que el año anterior; los ingresos no relacionados con intereses (ex-tesorería) crecieron un 13,7% hasta ₹7,264 millones. El beneficio operativo básico avanzó un 13,6% interanual hasta ₹17,505 millones.
Márgenes y calidad de activos. El margen de interés neto (NIM) se situó en 4,34% (Q4-FY25: 4,41%). La ratio bruta de activos dudosos (NPA) mejoró a 1,67% (2,15% hace un año); la ratio neta de NPA bajó a 0,41%. La cobertura de provisiones sobre NPA es del 75,3%. Las provisiones aumentaron a ₹1,815 millones frente a ₹1,332 millones en el Q1-FY25.
Crecimiento del balance. Los préstamos domésticos crecieron un 12,0% interanual hasta ₹13,31 billones; los depósitos al cierre del período aumentaron un 12,8% interanual hasta ₹16,09 billones, con una ratio CASA promedio del 38,7%. La adecuación de capital sigue siendo sólida: el coeficiente de adecuación de capital (CAR) total es del 16,97% y el CET-1 del 16,31% (mínimos regulatorios: 11,70% y 8,20%).
Acción estratégica. La junta aprobó la adquisición del 100% restante de ICICI Prudential Pension Funds Management por ₹2,035 millones, pendiente de aprobaciones del RBI y PFRDA, para potenciar las sinergias de “Customer 360”.
Visión consolidada. El beneficio neto del grupo aumentó un 15,9% interanual hasta ₹13,558 millones; los activos crecieron un 10,9% interanual hasta ₹26,69 billones.
ICICI 은행(NYSE: IBN)이 26회계연도 1분기 단독 실적에서 견고한 성과를 기록했습니다. 총수익은 전년 동기 대비 11.9% 증가한 ₹51,452 크로어를 기록했으며, 순이익은 전년 동기 대비 15.5% 상승한 ₹12,768 크로어에 달했습니다. 순이자수익은 ₹21,635 크로어로 전년 대비 10.6% 증가했고, 비이자수익(재무부 제외)은 13.7% 증가한 ₹7,264 크로어를 기록했습니다. 핵심 영업이익은 전년 대비 13.6% 증가한 ₹17,505 크로어였습니다.
마진 및 자산 건전성. 순이자마진(NIM)은 4.34%를 기록했으며(Q4-FY25: 4.41%), 총 부실채권 비율(Gross NPA)은 1.67%로 개선되었고(1년 전 2.15%), 순 부실채권 비율(Net NPA)은 0.41%로 하락했습니다. 부실채권 대비 충당금 커버리지는 75.3%입니다. 충당금은 Q1-FY25의 ₹1,332 크로어에서 ₹1,815 크로어로 증가했습니다.
대차대조표 성장. 국내 대출은 전년 대비 12.0% 증가한 ₹13.31조를 기록했으며, 기말 예금은 전년 대비 12.8% 증가한 ₹16.09조로, 평균 CASA 비율은 38.7%였습니다. 자본 적정성은 견고하게 유지되어 총자본비율(CAR)은 16.97%, 기본자본비율(CET-1)은 16.31%를 기록했습니다(규제 최소 기준: 11.70% 및 8.20%).
전략적 조치. 이사회는 RBI 및 PFRDA 승인을 조건으로 ICICI Prudential Pension Funds Management의 나머지 100% 지분을 ₹2,035백만에 인수하는 안건을 승인했으며, 이는 “Customer 360” 시너지 강화 목적입니다.
통합 실적. 그룹 순이익은 전년 대비 15.9% 증가한 ₹13,558 크로어를 기록했으며, 자산은 전년 대비 10.9% 증가한 ₹26.69조에 달했습니다.
ICICI Bank (NYSE : IBN) a publié des résultats solides au premier trimestre de l’exercice 26 en mode autonome. Le revenu total a augmenté de 11,9 % en glissement annuel pour atteindre ₹51 452 crores, tandis que le bénéfice net a progressé de 15,5 % en glissement annuel pour atteindre ₹12 768 crores. Le revenu net d’intérêts a atteint ₹21 635 crores, en hausse de 10,6 % en glissement annuel ; les revenus hors intérêts (hors trésorerie) ont augmenté de 13,7 % pour atteindre ₹7 264 crores. Le bénéfice opérationnel de base a progressé de 13,6 % en glissement annuel pour atteindre ₹17 505 crores.
Marges et qualité des actifs. La marge nette d’intérêt (NIM) s’est établie à 4,34 % (T4-FY25 : 4,41 %). Le ratio brut des créances douteuses (NPA) s’est amélioré à 1,67 % (2,15 % il y a un an) ; le ratio net des NPA est tombé à 0,41 %. La couverture des provisions sur les NPA est de 75,3 %. Les provisions ont augmenté à ₹1 815 crores contre ₹1 332 crores au T1-FY25.
Croissance du bilan. Les prêts domestiques ont augmenté de 12,0 % en glissement annuel pour atteindre ₹13,31 billions ; les dépôts de fin de période ont progressé de 12,8 % en glissement annuel pour atteindre ₹16,09 billions, avec un ratio CASA moyen de 38,7 %. La solvabilité reste solide : ratio de fonds propres total (CAR) à 16,97 %, CET-1 à 16,31 % (seuils réglementaires : 11,70 % et 8,20 %).
Action stratégique. Le conseil d’administration a approuvé l’acquisition des 100 % restants d’ICICI Prudential Pension Funds Management pour ₹2 035 millions, sous réserve des approbations de la RBI et de la PFRDA, afin de renforcer les synergies « Customer 360 ».
Vue consolidée. Le bénéfice net du groupe a augmenté de 15,9 % en glissement annuel pour atteindre ₹13 558 crores ; les actifs ont progressé de 10,9 % en glissement annuel pour atteindre ₹26,69 billions.
ICICI Bank (NYSE: IBN) verzeichnete starke Einzelabschlussergebnisse für das erste Quartal des Geschäftsjahres 26. Der Gesamtertrag stieg im Jahresvergleich um 11,9 % auf ₹51.452 Crore, während der Nettogewinn um 15,5 % auf ₹12.768 Crore zunahm. Der Nettozinsertrag erreichte ₹21.635 Crore, ein Anstieg von 10,6 % im Jahresvergleich; der Nichtzinsertrag (ohne Treasury) wuchs um 13,7 % auf ₹7.264 Crore. Der Kernbetriebsgewinn stieg um 13,6 % auf ₹17.505 Crore.
Margen & Vermögensqualität. Die Nettomarge (NIM) lag bei 4,34 % (Q4-FY25: 4,41 %). Die Brutto-NPA-Quote verbesserte sich auf 1,67 % (vor einem Jahr 2,15 %); die Netto-NPA-Quote sank auf 0,41 %. Die Rückstellungsquote für NPAs beträgt 75,3 %. Die Rückstellungen stiegen auf ₹1.815 Crore gegenüber ₹1.332 Crore im Q1-FY25.
Bilanzwachstum. Die inländischen Kredite wuchsen um 12,0 % im Jahresvergleich auf ₹13,31 Billionen; die Einlagen zum Periodenende stiegen um 12,8 % auf ₹16,09 Billionen, mit einer durchschnittlichen CASA-Quote von 38,7 %. Die Kapitalausstattung bleibt stark: Gesamtkapitalquote (CAR) 16,97 %, CET-1 16,31 % (regulatorische Mindestanforderungen: 11,70 % & 8,20 %).
Strategische Maßnahmen. Der Vorstand genehmigte den Erwerb der restlichen 100 % von ICICI Prudential Pension Funds Management für ₹2.035 Millionen, vorbehaltlich der Genehmigungen von RBI und PFRDA, um die „Customer 360“-Synergien zu stärken.
Konsolidierte Sicht. Der Konzern-Nettogewinn stieg um 15,9 % auf ₹13.558 Crore; die Vermögenswerte wuchsen um 10,9 % auf ₹26,69 Billionen.
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 July 2025
Commission File Number: 001-15002
ICICI Bank Limited
(Translation of registrant’s name into English)
ICICI Bank 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 Form 20-F or Form 40-F.
| Form 20-F X | Form 40-F |
Table of Contents
Items:
| 1. | Other news |
| 2. | Unaudited financial results (standalone and consolidated) for the quarter ended June 30, 2025 |
| 3. | Limited Review Reports |
| 4. | News Release |
OTHER NEWS
Sub: Outcome of Board Meeting held on July 19, 2025
We write to inform you that the Board of Directors of ICICI Bank Limited (“the Bank”) at its Meeting held today, inter alia, approved the following:
| A. | Unaudited financial results (standalone and consolidated) of the Bank for the quarter ended June 30, 2025. |
In terms of the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (SEBI Listing Regulations), we enclose herewith the following as Annexure:
| o | Unaudited financial results (standalone and consolidated) for the quarter ended June 30, 2025; |
| o | Limited review reports on the unaudited financial results (standalone and consolidated) issued by M/s. B S R & Co. LLP, Chartered Accountants and M/s. C N K & Associates LLP, Chartered Accountants, the joint statutory auditors of the Bank; and |
| o | News Release on unaudited financial results for the quarter ended June 30, 2025. |
| B. | Acquisition of 100% shareholding in ICICI Prudential Pension Funds Management Company Limited (ICICI PFM) from ICICI Prudential Life Insurance Company Limited (ICICI Life) to make ICICI PFM a wholly owned subsidiary of the Bank, subject to RBI, PFRDA and other necessary approvals. |
The details as required under Regulation 30 read with para A of part A of Schedule III of the SEBI Listing Regulations read with SEBI Master Circular dated November 11, 2024, are as under:
a. |
Name of the target entity, details in brief such as size, turnover etc. |
ICICI PFM had total assets of ₹ 592.6 million at March 31, 2025. Please see further details below:
Turnover (FY2025): ₹ 316.3 million PAT (FY2025): ₹ (35.4) million
|
| b. |
Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arms length”
|
This transaction constitutes a related party transaction and it will be done at arms’ length. The Bank does not have any promoters.
|
| c. | Industry to which the entity being acquired belongs |
Other financial activities (Management of pension funds).
|
| d. |
Objects and impact of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity)
|
The Bank would have greater resources for capital and other support to ICICI PFM
With ICICI PFM becoming a 100% subsidiary of the Bank, it is expected that both entities would be able to better capitalise on the synergies in line with the Customer 360 focus of the Bank.
|
| e. |
Brief details of any governmental or regulatory approvals required for the acquisition
|
RBI, PFRDA and other approvals as may be required. |
| f. | Indicative time period for completion of the acquisition |
The transaction is expected to be completed within a year, subject to necessary approvals.
|
| g. | Consideration - whether cash consideration or share swap or any other form and details of the same | Cash consideration based on fair value determined by an independent valuer. |
| h. | Cost of acquisition and/or the price at which the shares are acquired | Cash consideration of ₹ 2,035.0 million |
| i. | Percentage of shareholding / control acquired and / or number of shares acquired |
The Bank proposes to acquire 100% shareholding in ICICI PFM.
|
| j. | Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief) |
ICICI PFM is a registered pension fund manager under the National Pension Scheme (NPS). Pension Fund Regulatory & Development Authority had provided approval to ICICI PFM to act as a Point of Presence (POP) under NPS distribution and servicing for public at large through physical as well as online platform. ICICI Prudential Life Insurance Company Limited holds 100% in ICICI PFM.
Date of incorporation: April 22, 2009
FY2023: ₹ 164.5 million
|
The Board meeting commenced at 9:47 a.m. and concluded at 12:28 p.m.Please take the above information on record.
Annexure
ICICI Bank Limited
CIN-L65190GJ1994PLC021012
Registered Office: ICICI Bank Tower, Near Chakli Circle, Old Padra Road, Vadodara - 390 007, Gujarat, Phone: 0265-6722239
Corporate Office: ICICI Bank Towers, Bandra-Kurla Complex, Mumbai - 400 051, Maharashtra, Phone: 022-4008 8900
Website: www.icicibank.com, Email: companysecretary@icicibank.com
STANDALONE FINANCIAL RESULTS
(₹ in crore)
| Sr. no. | Particulars | Three months ended | Year ended | ||||
| June 30, 2025 (Q1-2026) |
March 31, 2025 (Q4-2025)10 |
June 30, 2024 (Q1-2025) |
March 31, 2025 (FY2025) | ||||
| (Unaudited) | (Audited) | (Unaudited) | (Audited) | ||||
| 1. | Interest earned (a)+(b)+(c)+(d) | 42,946.91 | 42,430.80 | 38,995.78 | 163,263.78 | ||
| a) | Interest/discount on advances/bills | 32,542.92 | 32,821.33 | 30,108.54 | 126,404.72 | ||
| b) | Income on investments | 8,712.84 | 8,210.18 | 8,156.58 | 32,980.23 | ||
| c) | Interest on balances with Reserve Bank of India and other inter-bank funds | 767.40 | 706.12 | 443.00 | 2,155.82 | ||
| d) | Others | 923.75 | 693.17 | 287.66 | 1,723.01 | ||
| 2. | Other income | 8,504.90 | 7,260.07 | 7,001.92 | 28,506.70 | ||
| 3. | TOTAL INCOME (1)+(2) | 51,451.81 | 49,690.87 | 45,997.70 | 191,770.48 | ||
| 4. | Interest expended | 21,312.45 | 21,237.86 | 19,442.87 | 82,099.34 | ||
| 5. | Operating expenses (e)+(f) | 11,393.52 | 10,788.76 | 10,529.99 | 42,372.32 | ||
| e) | Employee cost | 4,743.08 | 4,105.18 | 4,370.51 | 16,540.88 | ||
| f) | Other operating expenses | 6,650.44 | 6,683.58 | 6,159.48 | 25,831.44 | ||
| 6. | TOTAL EXPENDITURE EXCLUDING PROVISIONS AND CONTINGENCIES (4)+(5) | ||||||
| 32,705.97 | 32,026.62 | 29,972.86 | 124,471.66 | ||||
| 7. | OPERATING PROFIT BEFORE PROVISIONS AND CONTINGENCIES (3)–(6) | 18,745.84 | 17,664.25 | 16,024.84 | 67,298.82 | ||
| 8. | Provisions (other than tax) and contingencies | 1,814.57 | 890.70 | 1,332.18 | 4,682.62 | ||
| 9. | PROFIT FROM ORDINARY ACTIVITIES BEFORE EXCEPTIONAL ITEMS AND TAX (7)–(8) | 16,931.27 | 16,773.55 | 14,692.66 | 62,616.20 | ||
| 10. | Exceptional items | .. | .. | .. | .. | ||
| 11. | PROFIT FROM ORDINARY ACTIVITIES BEFORE TAX (9)–(10) | 16,931.27 | 16,773.55 | 14,692.66 | 62,616.20 | ||
| 12. | Tax expense (g)+(h) | 4,163.06 | 4,143.97 | 3,633.55 | 15,389.21 | ||
| g) | Current tax | 3,933.85 | 4,052.73 | 3,326.56 | 14,588.49 | ||
| h) | Deferred tax | 229.21 | 91.24 | 306.99 | 800.72 | ||
| 13. | NET PROFIT FROM ORDINARY ACTIVITIES AFTER TAX (11)–(12) | 12,768.21 | 12,629.58 | 11,059.11 | 47,226.99 | ||
| 14. | Extraordinary items (net of tax expense) | .. | .. | .. | .. | ||
| 15. | NET PROFIT FOR THE PERIOD (13)–(14) | 12,768.21 | 12,629.58 | 11,059.11 | 47,226.99 | ||
| 16. | Paid-up equity share capital (face value ₹ 2 each) | 1,427.32 | 1,424.60 | 1,407.45 | 1,424.60 | ||
| 17. | Reserves excluding revaluation reserves | 284,843.68 | |||||
| 18. | Analytical ratios | ||||||
| i) | Percentage of shares held by Government of India | 0.22% | 0.22% | 0.22% | 0.22% | ||
| ii) | Capital adequacy ratio (Basel III) | 16.31% | 16.55% | 15.96% | 16.55% | ||
| iii) | Earnings per share (EPS) | ||||||
| a) | Basic EPS before and after extraordinary items, net of tax expense (not annualised) (in ₹) | 17.91 | 17.87 | 15.73 | 67.01 | ||
| b) | Diluted EPS before and after extraordinary items, net of tax expense (not annualised) (in ₹) | 17.63 | 17.60 | 15.46 | 65.89 | ||
| 19. | NPA Ratio1 | ||||||
| i) | Gross non-performing customer assets (net of write-off) | 24,732.65 | 24,166.18 | 28,718.63 | 24,166.18 | ||
| ii) | Net non-performing customer assets | 5,971.09 | 5,589.41 | 5,684.79 | 5,589.41 | ||
| iii) | % of gross non-performing customer assets (net of write-off) to gross customer assets | 1.67% | 1.67% | 2.15% | 1.67% | ||
| iv) | % of net non-performing customer assets to net customer assets | 0.41% | 0.39% | 0.43% | 0.39% | ||
| 20. | Return on assets (annualised) | 2.44% | 2.52% | 2.36% | 2.41% | ||
| 21. | Net worth2 | 296,601.72 | 282,055.56 | 244,448.42 | 282,055.56 | ||
| 22. | Outstanding redeemable preference shares | .. | .. | .. | .. | ||
| 23. | Capital redemption reserve | 350.00 | 350.00 | 350.00 | 350.00 | ||
| 24. | Debt-equity ratio3 | 0.18 | 0.21 | 0.27 | 0.21 | ||
| 25. | Total debts to total assets4 | 5.51% | 5.83% | 6.35% | 5.83% | ||
| 1. | Customer assets consist of advances and credit substitutes. At June 30, 2025, the percentage of gross non-performing advances (net of write-off) to gross advances was 1.75% (March 31, 2025: 1.73%, June 30, 2024: 2.25%) and net non-performing advances to net advances was 0.44% (March 31, 2025: 0.42%, June 30, 2024: 0.46%). |
| 2. | Net worth is computed as per RBI Master Circular No. RBI/2015-16/70 DBR.No.Dir.BC.12/13.03.00/2015-16 on Exposure Norms dated July 1, 2015. Net worth also includes Available for Sale (‘AFS’) Reserve. |
| 3. | Debt represents borrowings with residual maturity of more than one year. |
| 4. | Total debts represents total borrowings of the Bank. |
SUMMARISED STANDALONE BALANCE SHEET
(₹ in crore)
Notes on standalone finanical results: b) Stressed loans (NPA and Special Mention Accounts) The Bank has not sold/acquired loans classified as Special Mention Account during three months ended June 30, 2025. The Bank has not acquired non-performing loans during three months ended June 30, 2025. STANDALONE SEGMENTAL RESULTS (₹. in crore)
Notes on standalone segmental results: (₹. in crore)
ICICI Bank Limited CIN-L65190GJ1994PLC021012 Registered Office: ICICI Bank Tower, Near
Chakli Circle, Old Padra Road, Vadodara - 390 007, Gujarat, Phone: 0265-6722239 Corporate Office: ICICI Bank Towers, Bandra-Kurla
Complex, Mumbai - 400 051, Maharashtra, Phone: 022-4008 8900 Website: www.icicibank.com, Email:
companysecretary@icicibank.com CONSOLIDATED FINANCIAL RESULTS (₹. in crore)
SUMMARISED CONSOLIDATED BALANCE SHEET (₹. in crore) Notes on consolidated financial results: CONSOLIDATED SEGMENTAL RESULTS (₹. in crore) Notes on consolidated segmental results: Independent Auditors’ limited review
report on unaudited standalone financial results for the quarter ended 30 June 2025 of the ICICI Bank Limited pursuant to Regulation 33
and Regulation 52(4) read with Regulation 63 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements)
Regulations, 2015, as amended To the Board of Directors of ICICI Bank Limited Page 1 of 2 For
C N K & Associates LLP /s/ Ashwin Suvarna Ashwin Suvarna /s/ Manish Sampat Manish Sampat Page 2 of 2 Limited review report on unaudited quarterly
consolidated financial results for quarter ended 30 June 2025 of ICICI Bank Limited pursuant to Regulation 33 and Regulation 52(4) read
with Regulation 63 of the of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations,
2015, as amended To the Board of Directors of ICICI Bank Limited We also performed procedures in accordance
with the circular issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent
applicable. 2025,
including leverage ratio, liquidity coverage ratio and net stable funding ratio under Basel III Capital Regulations as have been disclosed
on the Bank's website and in respect of which a link has been provided in Note 7 to the Statement and have not been reviewed by us. Further, 3 subsidiaries whose interim
financial information reflects total assets of Rs. 31,230.28 crores (before consolidation adjustments) as at 30 June 2025 and total revenues
of Rs. 1,409.83 crores (before consolidation adjustments) and total net profit after tax of Rs. 382.48 crores (before consolidation adjustments)
for the quarter ended 30 June 2025, as considered in the Statement has been reviewed by one of the joint auditors of the Bank and our
conclusion on the Statement in so far as it relates to the amounts and disclosures included in respect of this subsidiary, is based solely
on the review report issued by the said auditors of the subsidiary company and the procedures performed as stated in paragraph 3 above. Our conclusion is not modified in respect
of this matter. Our conclusion is not modified in respect
of this matter. Our conclusion is not modified in respect
of this matter. Our conclusion is not modified in respect
of this matter. For B S R & Co. LLP Chartered Accountants Firm Registration no.: 101248W/W-100022 For C N K & Associates LLP Chartered Accountants Firm Registration no.: 101961W/W100036 /s/ Ashwin Suvarna Ashwin Suvarna Partner /s/ Manish Sampat Manish Sampat Partner Membership No.: 109503 UDIN: 25109503BMOQCT1534 Membership No.: 101684 UDIN: 25101684BMMLOZ1978 Annexure 1 List of entities included in the statement. Parent Entity Subsidiaries Associates *Ceased to be an associate of the Bank effective from 11 June 2025 Performance Review: Quarter ended
June 30, 2025 The
Board of Directors of ICICI Bank Limited (NSE: ICICIBANK, BSE: 532174, NYSE: IBN) at its meeting held at Mumbai today, approved the standalone
and consolidated accounts of the Bank for the quarter ended June 30, 2025 (Q1-2026). The statutory auditors have conducted a limited review
and have issued an unmodified report on the standalone and consolidated financial statements for the quarter ended June 30, 2025. Profit & loss account Credit growth The net domestic advances grew by 12.0%
year-on-year and 1.5% sequentially at June 30, 2025. The retail loan portfolio grew by 6.9% year-on-year and 0.5% sequentially, and comprised
52.2% of the total loan portfolio at June 30, 2025. Including non-fund outstanding, the retail portfolio was 43.2% of the total portfolio
at June 30, 2025. The business banking portfolio grew by 29.7% year-on-year and 3.7% sequentially at June 30, 2025. The rural portfolio
declined by 0.4% year-on-year and 1.5% sequentially at June 30, 2025. The domestic corporate portfolio grew by 7.5% year-on-year and declined
by 1.4% sequentially at June 30, 2025. Total advances increased by 11.5% year-on-year and 1.7% sequentially to ₹ 13,64,157 crore
(US$ 159.1 billion) at June 30, 2025. 2 Deposit growth Total period-end deposits increased by
12.8% year-on-year to ₹ 16,08,517 crore (US$ 187.6 billion) at June 30, 2025 (₹ 16,10,348 crore (US$ 187.8 billion) at March
31, 2025). Average deposits increased by 11.2% year-on-year and 3.1% sequentially to ₹ 15,33,241 crore (US$ 178.8 billion) in Q1-2026.
Average current account deposits increased by 11.2% year-on-year and 4.6% sequentially in Q1-2026. Average savings account deposits increased
by 7.6% year-on-year and 3.6% sequentially in Q1-2026. With the addition of 83 branches during
Q1-2026, the Bank had a network of 7,066 branches and 13,376 ATMs & cash recycling machines at June 30, 2025. The Bank continues to
enhance the use of technology in its operations to provide simplified solutions to customers and make investments in its digital channels. Asset quality The gross NPA ratio was 1.67% at June
30, 2025 compared to 2.15% at June 30, 2024. The net NPA ratio was 0.41% at June 30, 2025 compared to 0.43% at June 30, 2024. The gross
NPA additions were ₹ 6,245 crore (US$ 728 million) in Q1-2026 compared to ₹ 5,916 crore (US$ 690 million) in Q1-2025. Recoveries
and upgrades of NPAs, excluding write-offs and sale, were ₹ 3,211 crore (US$ 374 million) in Q1-2026 compared to ₹ 3,292 crore
(US$ 384 million) in Q1-2025. The net additions to gross NPAs, excluding write-offs and sale, were ₹ 3,034 crore (US$ 354 million)
in Q1-2026 compared to ₹ 2,624 crore (US$ 306 million) in Q1-2025. The Bank has written-off gross NPAs amounting to ₹ 2,359
crore (US$ 275 million) in Q1-2026. The provisioning coverage ratio on non-performing loans was 75.3% at June 30, 2025. Excluding NPAs, the total fund based
outstanding to all borrowers under resolution as per the various extant regulations/guidelines declined to ₹ 1,788 crore (US$ 208
million) or about 0.1% of total advances at June 30, 2025 compared to ₹ 1,956 crore (US$ 228 million) at March 31, 2025 and 2,735
crore (US$ 319 million) at June 30, 2024. The loan and non-fund based outstanding
to performing corporate borrowers rated BB and below was ₹ 2,995 crore (US$ 349 million) at June 30, 2025 compared to ₹ 2,854
crore (US$ 333 million) at March 31, 2025 and ₹ 4,164 crore (US$ 486 million) at June 30, 2024. At June 30, 2025, the Bank holds total
provisions, other than specific provisions on fund-based outstanding to borrowers classified as non-performing, amounting to ₹ 22,664
crore (US$ 2.6 billion) or 1.7% of loans. These provisions include the contingency provisions of ₹ 13,100 crore (US$ 1.5 billion)
as well as general provision on standard assets, provisions held for non-fund based outstanding to borrowers classified as non-performing,
loan and non-fund based outstanding to standard borrowers under resolution and the BB and below portfolio. 3 Capital adequacy Including profits for Q1-2026, the Bank’s
total capital adequacy ratio at June 30, 2025 was 16.97% and CET-1 ratio was 16.31% compared to the minimum regulatory requirements of
11.70% and 8.20% respectively. The Bank has issued Basel III compliant Tier 2 bonds amounting to ₹ 1,000 crore (US$ 117 million)
during Q1-2026. Consolidated results The consolidated profit after tax increased
by 15.9% year-on-year to ₹ 13,558 crore (US$ 1.6 billion) in Q1-2026 from ₹ 11,696 crore (US$ 1.4 billion) in Q1-2025. Consolidated assets grew by 10.9% year-on-year
to ₹ 26,68,636 crore (US$ 311.2 billion) at June 30, 2025 from ₹ 24,07,395 crore (US$ 280.7 billion) at June 30, 2024. Key subsidiaries The annualised premium equivalent of
ICICI Prudential Life Insurance (ICICI Life) was ₹ 1,864 crore (US$ 217 million)
in Q1-2026 compared to ₹ 1,963 crore (US$ 229 million) in Q1-2025. Value of New Business (VNB) of ICICI Life was ₹ 457 crore
(US$ 53 million) in Q1-2026 compared to ₹ 472 crore (US$ 55 million) in Q1-2025. The VNB margin was 24.5% in Q1-2026 compared to
22.8% in FY2025. The profit after tax increased to ₹ 302 crore (US$ 35 million) in Q1-2026 from ₹ 225 crore (US$ 26 million)
in Q1-2025. The Gross Direct Premium Income (GDPI)
of ICICI Lombard General Insurance Company (ICICI General) increased to ₹ 7,735 crore (US$ 902 million) in Q1-2026 from ₹
7,688 crore (US$ 896 million) in Q1-2025. The combined ratio stood at 102.9% in Q1-2026 compared to 102.3% in Q1-2025. The profit after
tax of ICICI General grew by 28.7% to ₹ 747 crore (US$ 87 million) in Q1-2026 compared to ₹ 580 crore (US$ 68 million) in
Q1-2025. With effect from October 1, 2024, long-term products are accounted on 1/n basis, as mandated by IRDAI, hence Q1-2026 numbers
are not fully comparable with prior periods. The profit after tax of ICICI Prudential
Asset Management Company, as per Ind AS, was ₹ 782 crore (US$ 91 million) in Q1-2026. The profit after tax of ICICI Securities,
on a consolidated basis, as per Ind AS, was ₹ 391 crore (US$ 46 million) in Q1-2026 compared to ₹ 527 crore (US$ 61 million)
in Q1-2025. 4 Summary Profit and Loss Statement (as per standalone
Indian GAAP accounts) 5 Summary balance sheet Cash and balances with Reserve Bank of India Balances with banks and money at call and short notice 6 Certain definitions in this release
relating to a future period of time (including inter alia concerning our future business plans or growth prospects) are forward-looking
statements intended to qualify for the 'safe harbor' under applicable securities laws including the US Private Securities Litigation
Reform Act of 1995. Such forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ
materially from those in such forward-looking statements. These risks and uncertainties include, but are not limited to statutory and
regulatory changes, international economic and business conditions, political or economic instability in the jurisdictions where the
Bank has operations or which affect global or Indian economic conditions, increase in nonperforming loans, unanticipated changes in interest
rates, foreign exchange rates, equity prices or other rates or prices, our growth and expansion in business, the adequacy of our allowance
for credit losses, the actual growth in demand for banking products and services, investment income, cash flow projections, our exposure
to market risks, changes in India’s sovereign rating, as well as other risks detailed in the reports filed by us with the United
States Securities and Exchange Commission. Any forward-looking statements contained herein are based on assumptions that the Bank believes
to be reasonable as of the date of this release. ICICI Bank undertakes no obligation to update forward-looking statements to reflect
events or circumstances after the date thereof. Additional risks that could affect our future operating results are more fully described
in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov This release
does not constitute an offer of securities. For further press queries please email
Sujit Ganguli / Kausik Datta at sujit.ganguli@icicibank.com / datta.kausik@icicibank.com
or corporate.communications@icicibank.com For investor queries please email Abhinek
Bhargava at abhinek.bhargava@icicibank.com or Nitesh Kalantri at nitesh.kalantri@icicibank.com
or ir@icicibank.com. 1 crore = 10.0 million US$ amounts represent convenience translations
at US$1= ₹ 85.76 7 SIGNATURE 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 authorised. For ICICI Bank Limited July 19, 2025
Prachiti Lalingkar
ICICI Bank
Limited ICICI Bank Towers Bandra-Kurla Complex Mumbai 400 051, India. Tel.: 022- 4008 8900 Email:companysecretary@icicibank.com Website www.icicibank.com CIN.: L65190GJ1994PLC021012 Regd. Office: ICICI Bank Tower, Near
Chakli Circle, Old Padra Road, Vadodara 390007. India
At
Particulars
June
30, 2025
March
31, 2025
June
30, 2024
(Unaudited)
(Unaudited)
(Unaudited)
Capital
and Liabilities
Capital
1,427.32
1,424.60
1,407.45
Employees
stock options/units outstanding
2,142.54
2,069.84
1,516.12
Reserves
and surplus
302,750.67
288,581.86
251,070.91
Deposits
1,608,517.32
1,610,348.02
1,426,149.46
Borrowings
(includes subordinated debt)
117,095.27
123,538.26
120,146.85
Other
liabilities and provisions
91,905.85
92,277.39
92,406.30
Total
Capital and Liabilities
2,123,838.97
2,118,239.97
1,892,697.09
Assets
Cash
and balances with Reserve Bank of India
96,453.83
119,928.12
80,438.97
Balances
with banks and money at call and short notice
68,144.42
65,633.88
30,224.07
Investments
507,706.63
504,756.74
475,255.60
Advances
1,364,157.06
1,341,766.16
1,223,154.27
Fixed
assets
12,878.47
12,838.74
11,101.40
Other
assets
74,498.56
73,316.33
72,522.78
Total
Assets
2,123,838.97
2,118,239.97
1,892,697.09
1.
The above standalone financial results have been approved by the Board of Directors at its meeting held on July 19, 2025.
2.
The standalone financial results have been prepared in accordance with the recognition and measurement principles laid down in Accounting Standard 25 “Interim Financial Reporting” (‘AS 25’), prescribed under Section 133 of the Companies Act, 2013, the relevant provisions of the Banking Regulation Act, 1949, the circulars, guidelines and directions issued by the Reserve Bank of India (“RBI”) from time to time and other accounting principles generally accepted in India, and are in compliance with the presentation and disclosure requirements of the Regulation 33 and Regulation 52(4) read with Regulation 63 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Regulations”) as amended including relevant circulars issued by SEBI from time to time.
3.
At June 30, 2025, the Bank holds contingency provision of ₹ 13,100.00 crore (March 31, 2025 and June 30, 2024: ₹ 13,100.00 crore).
4.
Details of loans sold/acquired by the Bank as per RBI Master Direction on Transfer of Loan Exposures dated September 24, 2021 are given below:
a) Loans not in default
(i) Details of loans not in default sold/acquired under assignment/participation during three months ended June 30, 2025:
(₹ in crore)
Particulars
Loans acquired
Loans sold
Amount of loan
1,844.60
849.06
Weighted average residual maturity (in years)
10.17
4.60
Weighted average holding period of the originator (in years)
1.02
4.56
Retention of beneficial economic interest by the originator
204.96
1,176.80
Tangible security coverage (times)
1.66
1.99
1. In addition, the Bank has acquired facilities amounting to ₹ 302.79 crore and has sold facilities amounting to ₹ 174.03 crore during three months ended June 30, 2025 through novation.
2. The Bank has not acquired any loan through risk participation in secondary market.
3. The disclosure includes loans acquired through buyout similar to direct assignment.
(ii)
Details of rating-wise distribution of the loans sold/acquired under assignment during three months ended June 30, 2025:
(₹ in crore)
Rating
Loans acquired
Loans sold
Ind A-, A+, A, AA, AA+, AA-
..
150.00
Crisil A, A+, AA, AA+, A-
..
21.97
Crisil BBB
..
100.00
Infomerics AA-
..
100.00
1. Excluding retail and other unrated loans.
(i)
Details of stressed loans classified as NPA sold by the Bank during three months ended June 30, 2025:
(₹ in crore)
Particulars
To ARCs
To permitted transferees
Number of accounts
26
..
Aggregate principal outstanding of loans transferred2
107.67
..
Weighted average residual tenor of the loans transferred3
..
..
Net book value of loans transferred (at
the time of transfer)2
19.66
..
Aggregate consideration
89.70
..
Additional consideration realised in respect of accounts transferred in earlier years
140.26
..
1. Excess provision reversed in profit and loss account on account of sale of NPAs to ARCs was ₹ 70.04 crore and no amount was transferred to other permitted transferees.
2. Net of write-off.
3. For NPAs, the Bank issues loan recall notice and initiates legal proceedings for recovery, due to which the weighted average residual tenor is not applicable.
(ii)
(iii)
(iv)
Details of rating-wise distribution of SRs held by the Bank at June 30, 2025:
(₹ in crore)
Rating
NAV estimate %
Carrying
value
RR1
Above 100%
..
RR2
Above 75% upto 100%
..
RR3
Above 50% upto 75%
176.61
RR4
Above 25% upto 50%
..
RR5
Upto 25%
618.26
Total
794.87
1. Amount represents net of provisions.
2. Further, the Bank holds marked-to-market loss of ₹ 365.92 crore and additional provision of ₹ 428.95 crore.
3. The Bank, on a prudent basis, continues to hold provision against the security receipts guaranteed by Government of India which will be reversed on actual receipt of recoveries or approval of claims, if any, by the Government.
5.
With effect from April 1, 2024, the Bank has implemented Master Direction issued by the RBI on Classification, Valuation and Operation of investment Portfolio of Commercial Banks (Directions), 2023 (‘RBI Directions’) which has introduced significant changes in the basis of classification and accounting of investments and recognition of fair valuation of gains and losses. Accordingly, during FY2025, in standalone financial results, the Bank had accounted net transition gain of ₹ 2,058.31 crore (net of tax) and ₹ 1,156.10 crore (net of tax) in Available for Sale (‘AFS’) Reserve and General Reserve respectively in accordance with the RBI Directions. Subsequent changes in fair value of performing investments under AFS and Fair Value Through Proft and Loss (‘FVTPL’) (including Held For Trading (‘HFT’)) categories have been recognised through AFS Reserve and Profit and Loss account respectively.
6.
During Q4-2025, pursuant to the Scheme of Arrangement amongst ICICI Bank Limited and ICICI Securities Limited and their respective shareholders (‘the Scheme’), ICICI Securities Limited has been delisted from stock exchanges on March 24, 2025 and became a wholly-owned subsidiary of the Bank. The Bank issued 56,008,117 equity shares of the Bank of face value ₹ 2 each in accordance with the Scheme to the public shareholders of ICICI Securities Limited. In accordance with the Scheme, the Bank recognised a securities premium of ₹ 6,887.60 crore based on the market price of equity shares (at effective date) of the Bank. Further, pursuant to the Scheme, the Bank granted 2,960,270 options and 618,910 units to the employees of ICICI Securities Limited.
7.
During Q1-2026, the Bank has allotted 13,611,682 equity shares of ₹ 2 each pursuant to exercise of employee stock options/units.
8.
Previous period/year figures have been re-grouped/re-classified where necessary to conform to current period classification.
9.
The joint statutory auditors, B S R & Co. LLP, Chartered Accountants and C N K & Associates LLP, Chartered Accountants, have reviewed and audited the standalone financial results for Q1-2026 and FY2025 respectively and issued an unmodified report thereon. The standalone financial results for Q1-2025 were reviewed by the joint statutory auditors, M S K A & Associates, Chartered Accountants and KKC & Associates LLP, Chartered Accountants, on which they had issued unmodified report.
10.
The amounts for Q4-2025 are balancing figures between the figures as per the audited financial statements for FY2025 and the published figures for 9M-2025 which was subjected to limited review.
11.
₹ 1.00 crore = ₹ 10.0 million.
Sr. no.
Particulars
Three months ended
Year ended
June
30, 2025
(Q1-2026)March
31, 2025
(Q4-2025)7June
30, 2024
(Q1-2025)March
31, 2025
(FY2025)
(Unaudited)
(Audited)
(Unaudited)
(Audited)
1.
Segment revenue
a
Retail Banking
40,458.10
40,617.66
37,378.46
156,184.68
b
Wholesale Banking
21,450.76
21,535.91
19,392.15
82,436.21
c
Treasury
36,925.37
34,778.14
32,647.36
135,052.58
d
Other Banking
1,419.40
1,046.40
690.26
4,386.29
Total segment revenue
100,253.63
97,978.11
90,108.23
378,059.76
Less: Inter segment revenue
48,801.82
48,287.24
44,110.53
186,289.28
Income from operations
51,451.81
49,690.87
45,997.70
191,770.48
2.
Segmental results (i.e. Profit before tax)
a
Retail Banking
4,734.91
6,493.42
4,239.07
21,621.04
b
Wholesale Banking
5,387.56
5,551.79
4,912.07
21,564.63
c
Treasury
6,260.91
4,465.62
5,473.58
18,760.73
d
Other Banking
547.89
262.72
67.94
669.80
Total segment results
16,931.27
16,773.55
14,692.66
62,616.20
3.
Segment assets
a
Retail Banking
820,169.13
792,930.19
747,392.84
792,930.19
b
Wholesale Banking
558,374.07
548,269.82
491,263.38
548,269.82
c
Treasury
702,764.14
721,695.52
616,608.50
721,695.52
d
Other Banking
38,161.59
50,597.21
32,396.38
50,597.21
e
Unallocated
4,370.04
4,747.23
5,035.99
4,747.23
Total segment assets
2,123,838.97
2,118,239.97
1,892,697.09
2,118,239.97
4.
Segment
liabilities
a
Retail Banking
1,143,008.15
1,111,966.22
1,027,261.28
1,111,966.22
b
Wholesale Banking
524,146.96
555,997.39
455,949.98
555,997.39
c
Treasury
129,196.41
137,562.04
135,128.50
137,562.04
d
Other Banking
5,670.16
7,538.02
6,707.73
7,538.02
e
Unallocated
15,496.76
13,100.00
13,655.12
13,100.00
Total segment liabilities
1,817,518.44
1,826,163.67
1,638,702.61
1,826,163.67
5.
Capital employed
306,320.53
292,076.30
253,994.48
292,076.30
6.
Total (4)+(5)
2,123,838.97
2,118,239.97
1,892,697.09
2,118,239.97
1.
The disclosure on segmental reporting has been prepared in accordance with Securities and Exchange Board of India (SEBI) circular no. CIR/CFD/FAC/62/2016 dated July 5, 2016 on Revised Formats for Financial Results and Implementation of Ind AS by Listed Entities.
2.
"Retail Banking" includes exposures of the Bank which satisfy the four criteria of orientation, product, granularity and low value of individual exposures for retail exposures as per RBI guidelines. This segment also includes income from credit cards, debit cards, third party product distribution and the associated costs.
RBI’s Master Direction on Financial Statements – Presentation and Disclosures, requires to sub-divide ‘Retail banking’ into (a) Digital Banking (as defined in RBI circular on Establishment of Digital Banking Units dated April 7, 2022) and (b) Other Retail Banking segment. Accordingly, the segmental results for retail banking segment is subdivided as below:
Sr. no.
Particulars
Segment revenue
Segment results
Segment assets
Segment liabilities
Q1-2026
Retail Banking
40,458.10
4,734.91
820,169.13
1,143,008.15
(i)
Digital Banking
10,957.30
1,425.32
142,266.69
245,151.38
(ii)
Other Retail Banking
29,500.80
3,309.59
677,902.44
897,856.77
Q4-2025
Retail Banking
40,617.66
6,493.42
792,930.19
1,111,966.22
(i)
Digital Banking
10,724.74
1,876.32
145,898.56
208,095.33
(ii)
Other Retail Banking
29,892.92
4,617.10
647,031.63
903,870.89
Q1-2025
Retail Banking
37,378.46
4,239.07
747,392.84
1,027,261.28
(i)
Digital Banking
9,294.03
1,187.22
135,195.54
192,709.03
(ii)
Other Retail Banking
28,084.43
3,051.85
612,197.30
834,552.25
3.
"Wholesale Banking" includes all advances to trusts, partnership firms, companies and statutory bodies, by the Bank which are not included under Retail Banking.
4.
"Treasury" primarily includes the entire investment and derivative portfolio of the Bank.
5.
"Other Banking" includes leasing operations and other items not attributable to any particular business segment of the Bank.
6.
"Unallocated" includes items such as tax paid in advance net of provision, deferred tax and provisions to the extent reckoned at the entity level.
7.
The amounts for Q4-2025 are balancing figures between the figures as per the audited financial statements for FY2025 and the published figures for 9M-2025 which was subjected to limited review.
For and on behalf of the Board of Directors
/s/ Ajay Kumar Gupta
Ajay Kumar Gupta
Mumbai
Executive Director
July 19, 2025
DIN-07580795
Sr. no.
Particulars
Three months ended
Year ended
June
30, 2025
(Q1-2026)March
31, 2025
(Q4-2025)10June
30, 2024
(Q1-2025)March
31, 2025
(FY2025)
(Unaudited)
(Audited)
(Unaudited)
(Audited)
1.
Interest earned (a)+(b)+(c)+(d)
49,079.96
48,386.92
44,581.65
186,331.47
a)
Interest/discount on advances/bills
34,271.44
34,547.45
31,755.59
133,243.71
b)
Income on investments
12,653.00
11,928.09
11,665.69
47,302.54
c)
Interest on balances with Reserve Bank of India and other inter-bank funds
1,105.09
1,052.19
717.74
3,428.66
d)
Others
1,050.43
859.19
442.63
2,356.56
2.
Other income (e)+(f)
25,496.07
31,360.85
22,688.41
108,255.47
e)
Premium and other operating income from insurance business
14,736.38
22,372.74
13,567.06
70,900.83
f)
Others
10,759.69
8,988.11
9,121.35
37,354.64
3.
TOTAL INCOME (1)+(2)
74,576.03
79,747.77
67,270.06
294,586.94
4.
Interest expended
23,090.06
23,047.32
21,121.62
89,027.65
5.
Operating expenses (g)+(h)+(i)
30,169.16
36,647.64
28,071.16
127,799.98
g)
Employee cost
6,638.22
5,797.01
6,165.85
23,629.94
h)
Claims and benefits paid and other expenses pertaining to insurance business
15,872.36
22,933.43
14,646.67
73,806.18
i)
Other operating expenses
7,658.58
7,917.20
7,258.64
30,363.86
6.
TOTAL EXPENDITURE EXCLUDING PROVISIONS AND CONTINGENCIES (4)+(5)
53,259.22
59,694.96
49,192.78
216,827.63
7.
OPERATING PROFIT BEFORE PROVISIONS AND CONTINGENCIES (3)–(6)
21,316.81
20,052.81
18,077.28
77,759.31
8.
Provisions (other than tax) and contingencies
1,822.33
940.13
1,315.89
4,905.76
9.
PROFIT FROM ORDINARY ACTIVITIES BEFORE EXCEPTIONAL ITEMS AND TAX (7)–(8)
19,494.48
19,112.68
16,761.39
72,853.55
10.
Exceptional items
11.
Add: Share of profit in associates
62.53
30.32
56.87
150.66
12.
PROFIT FROM ORDINARY ACTIVITIES BEFORE TAX AND MINORITY INTEREST (9)–(10)+(11)
19,557.01
19,143.00
16,818.26
73,004.21
13.
Tax expense (j)+(k)
5,100.68
4,789.31
4,355.45
18,434.83
j)
Current tax
4,901.00
4,390.79
4,094.74
17,497.17
k)
Deferred tax
199.68
398.52
260.71
937.66
14.
Less: Share of profit/(loss) of minority shareholders
898.73
851.47
766.97
3,540.18
15.
NET PROFIT FROM ORDINARY ACTIVITIES AFTER TAX (12)–(13)–(14)
13,557.60
13,502.22
11,695.84
51,029.20
16.
Extraordinary items (net of tax expense)
17.
NET PROFIT FOR THE PERIOD (15)-(16)
13,557.60
13,502.22
11,695.84
51,029.20
18.
Paid-up equity share capital (face value ₹ 2/- each)
1,427.32
1,424.60
1,407.45
1,424.60
19.
Reserves excluding revaluation reserves
306,631.95
20.
Earnings per share (EPS)
Basic EPS before and after extraordinary items, net of tax expense (not annualised) (in ₹)
19.02
19.11
16.64
72.41
Diluted EPS before and after extraordinary items, net of tax expense (not annualised) (in ₹)
18.71
18.84
16.32
71.14
Particulars
At
June 30, 2025
March 31, 2025
June 30, 2024
(Unaudited)
(Audited)
(Unaudited)
Capital and Liabilities
Capital
1,427.32
1,424.60
1,407.45
Employees stock options/units outstanding
2,142.54
2,069.84
1,516.12
Reserves and surplus
326,045.55
310,411.47
269,786.39
Minority interest
15,813.67
14,836.74
14,396.84
Deposits
1,641,136.66
1,641,637.40
1,456,732.61
Borrowings (includes subordinated debt)
215,148.97
218,883.44
206,033.29
Policyholders' funds
308,119.60
294,305.56
295,381.31
Other liabilities and provisions
158,801.65
158,672.36
162,140.81
Total Capital and Liabilities
2,668,635.96
2,642,241.41
2,407,394.82
Assets
Cash and balances with Reserve Bank of India
96,512.74
120,240.91
80,506.78
Balances with banks and money at call and short notice
100,308.43
93,782.55
54,002.68
Investments
905,884.30
886,376.81
857,793.87
Advances
1,445,593.02
1,420,663.71
1,303,045.56
Fixed assets
16,166.85
15,812.42
13,663.27
Other assets
95,711.19
96,905.58
95,472.48
Goodwill on consolidation
8,459.43
8,459.43
2,910.18
Total Assets
2,668,635.96
2,642,241.41
2,407,394.82
1.
The above consolidated financial results have been approved by the Board of Directors at its meeting held on July 19, 2025.
2.
The consolidated financial results have been prepared in accordance with the recognition and measurement principles laid down in Accounting Standards 25 “Interim Financial Reporting” (‘AS 25’), prescribed under Section 133 of the Companies Act, 2013, the relevant provisions of the Banking Regulation Act, 1949, the circulars, guidelines and directions issued by the Reserve Bank of India (“the RBI”) from time to time, the Insurance Regulatory and Development Authority of India (‘the IRDAI’) applicable for insurance entities and other accounting principles generally accepted in India and, in case of overseas jurisdictions, generally accepted accounting principles as applicable, and are in compliance with the presentation and disclosure requirements of the Regulation 33 and Regulation 52(4) read with Regulation 63 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Regulations”) as amended including relevant circulars issued by SEBI from time to time.
3.
With effect from April 1, 2024, the Bank has implemented Master Direction issued by the RBI on Classification, Valuation and Operation of investment Portfolio of Commercial Banks (Directions), 2023 (‘RBI Directions’) which has introduced significant changes in the basis of classification and accounting of investments and recognition of fair valuation of gains and losses. For the purpose of consolidation, the domestic group entities (except insurance subsidiaries), have aligned with the Bank’s accounting policies including the aforesaid RBI Directions. Accordingly, during FY2025, the Group had accounted net transition gain of ₹ 2,058.31 crore (net of tax and minority interest) and ₹ 1,408.29 crore (net of tax and minority interest) in AFS Reserve and General Reserve respectively in accordance with the RBI Directions. Subsequent changes in fair value of performing investments under AFS and Fair Value Through Proft and Loss (‘FVTPL’) (including Held For Trading (‘HFT’)) categories have been recognised through AFS reserve and Profit and Loss account respectively.
4.
During Q1-2026, the Bank has allotted 13,611,682 equity shares of ₹ 2 each pursuant to exercise of employee stock options/units.
5.
At June 30, 2025, the Bank has 18 subsidiaries (including three step-down subsidiaries) and four associates. During Q1-2026, on account of sale of entire stake in FISERV Merchant Solutions Private Limited and NIIT Institute of Finance Banking and Insurance Training Limited, these entities ceased to be associates of the Bank.
6.
During Q4-2025, pursuant to the Scheme of Arrangement amongst ICICI Securities Limited, ICICI Bank Limited and their respective shareholders (‘the Scheme’), ICICI Securities Limited has been delisted from stock exchanges on March 24, 2025 and became a wholly-owned subsidiary of the Bank. The Bank issued 56,008,117 equity shares of the Bank of face value ₹ 2 each in accordance with the Scheme to the public shareholders of ICICI Securities Limited. In accordance with the Scheme, the Bank recognised a securities premium of ₹ 6,887.60 crore based on the market price of equity shares of the Bank on effective date of the Scheme. Further, pursuant to the Scheme, the Bank granted 2,960,270 options and 618,910 units to the employees of ICICI Securities Limited. Accordingly, the Bank recognised a goodwill of ₹ 5,549.25 crore in consolidated financial statements at March 31, 2025 on account of acquisition of additional stake in ICICI Securities Limited. Accordingly, the consolidated financial results for Q1-2026 is not comparable with the previous periods.
7.
In accordance with RBI guidelines, consolidated Pillar 3 disclosure (unaudited), leverage ratio, liquidity coverage ratio, net stable funding ratio is available at https://www.icicibank.com/regulatory-disclosure.page.
8.
Previous period/year figures have been re-grouped/re-classified where necessary to conform to current period classification.
9.
The joint statutory auditors, B S R & Co. LLP, Chartered Accountants and C N K & Associates LLP, Chartered Accountants, have reviewed and audited the consoildated financial results for Q1-2026 and FY2025 respectively and issued an unmodified report thereon. The consolidated financial results for Q1-2025 were reviewed by the joint statutory auditors, M S K A & Associates, Chartered Accountants and KKC & Associates LLP, Chartered Accountants, on which they had issued unmodified report.
10.
The amounts for Q4-2025 are balancing figures between the figures as per the audited consolidated financial statements for FY2025 and the published figures for 9M-2025 which was subjected to limited review.
11.
₹. 1.00 crore = ₹ 10.0 million.
Sr. no.
Particulars
Three months ended
Year ended
June
30, 2025
(Q1-2026)March
31, 2025
(Q4-2025)11June
30, 2024
(Q1-2025)March
31, 2025
(FY2025)
(Unaudited)
(Audited)
(Unaudited)
(Audited)
1.
Segment revenue
a
Retail Banking
40,458.10
40,617.66
37,378.46
156,184.68
b
Wholesale Banking
21,450.76
21,535.91
19,392.15
82,436.21
c
Treasury
36,973.20
34,775.09
32,651.54
135,042.31
d
Other Banking
2,112.59
1,763.55
1,497.42
7,508.32
e
Life Insurance
12,070.95
19,449.14
11,335.68
60,224.24
f
General Insurance
6,897.64
6,466.22
6,175.57
25,651.09
g
Others
5,273.53
4,652.09
4,436.39
18,832.65
Total segment revenue
125,236.77
129,259.66
112,867.21
485,879.50
Less: Inter segment revenue
50,660.74
49,511.89
45,597.15
191,292.56
Income from operations
74,576.03
79,747.77
67,270.06
294,586.94
2.
Segmental results (i.e. Profit before tax and minority interest)
a
Retail Banking
4,734.91
6,493.42
4,239.07
21,621.04
b
Wholesale Banking
5,387.56
5,551.79
4,912.07
21,564.63
c
Treasury
6,308.70
4,462.54
5,477.73
18,750.32
d
Other Banking
678.91
408.63
314.13
1,451.19
e
Life Insurance
344.83
414.12
260.23
1,336.43
f
General Insurance
993.73
668.18
773.99
3,321.29
g
Others
2,381.18
1,784.33
1,683.11
7,423.08
Total segment results
20,829.82
19,783.01
17,660.33
75,467.98
Less: Inter segment adjustment
1,335.34
670.33
898.94
2,614.43
Add: Share of profit in associates
62.53
30.32
56.87
150.66
Profit before tax and minority interest
19,557.01
19,143.00
16,818.26
73,004.21
3.
Segment
assets
a
Retail Banking
820,169.13
792,930.19
747,392.84
792,930.19
b
Wholesale Banking
558,374.07
548,269.82
491,263.38
548,269.82
c
Treasury
703,917.33
722,733.26
617,563.37
722,733.26
d
Other Banking
91,197.10
102,559.47
85,504.40
102,559.47
e
Life Insurance
327,396.06
314,088.54
313,150.94
314,088.54
f
General Insurance
71,655.77
68,561.74
65,696.63
68,561.74
g
Others
107,153.71
102,968.20
95,096.58
102,968.20
h
Unallocated
4,541.85
5,533.91
5,439.56
5,533.91
Total
2,684,405.02
2,657,645.13
2,421,107.70
2,657,645.13
Less: Inter segment adjustment
15,769.06
15,403.72
13,712.88
15,403.72
Total segment assets
2,668,635.96
2,642,241.41
2,407,394.82
2,642,241.41
4.
Segment liabilities
a
Retail Banking
1,143,008.15
1,111,966.22
1,027,261.28
1,111,966.22
b
Wholesale Banking
524,146.96
555,997.39
455,949.98
555,997.39
c
Treasury
157,396.53
164,653.06
160,318.98
164,653.06
d
Other Banking
52,726.34
53,777.64
54,147.38
53,777.64
e
Life Insurance
315,014.83
302,298.83
302,050.71
302,298.83
f
General Insurance
55,870.23
54,036.44
52,402.27
54,036.44
g
Others
91,432.24
87,909.64
83,024.16
87,909.64
h
Unallocated
15,194.33
13,100.00
13,242.98
13,100.00
Total
2,354,789.61
2,343,739.22
2,148,397.74
2,343,739.22
Less: Inter segment adjustment
15,769.06
15,403.72
13,712.88
15,403.72
Total segment liabilities
2,339,020.55
2,328,335.50
2,134,684.86
2,328,335.50
5.
Capital employed
329,615.41
313,905.91
272,709.96
313,905.91
6.
Total (4)+(5)
2,668,635.96
2,642,241.41
2,407,394.82
2,642,241.41
1.
The disclosure on segmental reporting has been prepared in accordance with Securities and Exchange Board of India (SEBI) circular no. CIR/CFD/FAC/62/2016 dated July 5, 2016 on Revised Formats for Financial Results and Implementation of Ind AS by Listed Entities.
2.
'Retail Banking' includes exposures of the Bank which satisfy the four criteria of orientation, product, granularity and low value of individual exposures for retail exposures as per RBI guidelines. This segment also includes income from credit cards, debit cards, third party product distribution and the associated costs.
3.
'Wholesale Banking' includes all advances to trusts, partnership firms, companies and statutory bodies, by the Bank which are not included under Retail Banking.
4.
'Treasury' primarily includes the entire investment and derivative portfolio of the Bank.
5.
'Other Banking' includes leasing operations and other items not attributable to any particular business segment of the Bank. Further, it includes the Bank’s banking subsidiaries i.e. ICICI Bank UK PLC and ICICI Bank Canada.
6.
'Life Insurance' represents ICICI Prudential Life Insurance Company Limited.
7.
'General Insurance' represents ICICI Lombard General Insurance Company Limited.
8.
'Others' comprises the consolidated entities of the Bank, not covered in any of the segments above.
9.
'Unallocated' includes items such as tax paid in advance net of provision, deferred tax and provisions to the extent reckoned at the entity level.
10.
On March 24, 2025, ICICI Securities Limited has become a wholly-owned subsidiary of the Bank. Accordingly, the consolidated financial results for Q1-2026 is not comparable with the previous periods.
11.
The amounts for Q4-2025 are balancing figures between the figures as per the audited financial statements for FY2025 and the published figures for 9M-2025 which was subjected to limited review.
For and on behalf of the Board of Directors
/s/ Ajay Kumar Gupta
Ajay Kumar Gupta
Mumbai
Executive Director
July 19, 2025
DIN-07580795
B S R & Co. LLP
C N K & Associates LLP
Chartered Accountants
Chartered Accountants
14th Floor, Central B Wing and North C Wing
3rd Floor, Mistry Bhavan,
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Dinshaw Vachha Road,
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Churchgate
Mumbai – 400 063, India
Mumbai- 400 020, India
1. We have reviewed the accompanying Statement of unaudited standalone financial results of ICICI Bank Limited
(hereinafter referred to as ‘the Bank’) for the quarter ended 30 June 2025 (‘the Statement’), being submitted
by the Bank pursuant to the requirements of Regulation 33 and Regulation 52(4) read with Regulation 63 of the Securities and Exchange
Board of India (‘the SEBI’) (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (‘the Listing
Regulations’).
2. This Statement, which is the responsibility of the Bank’s management and approved by its Board of
Directors, has been prepared in accordance with the recognition and measurement principles laid down in Accounting Standard 25 “Interim
Financial Reporting” (‘AS 25’), prescribed under Section 133 of the Companies Act, 2013, read with relevant rules issued
thereunder, in so far as they apply to banks, the relevant provisions of the Banking Regulation Act, 1949, the circulars, guidelines and
directions issued by the RBI from time to time (‘the RBI Guidelines’) and other accounting principles generally accepted in
India, and in compliance with Regulation 33 and Regulation 52(4) read with Regulation 63 of the Listing Regulations. Our responsibility
is to issue a report on the Statement based on our review.
3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410
“Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered
Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial
and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted
in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant
matters that might be identified in an audit. Accordingly, we do not express an audit opinion.
B S R & Co. LLP
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4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that
the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid accounting
standard and other accounting principles generally accepted in India and the RBI guidelines, has not disclosed the information
required to be disclosed in terms of Regulation 33 and Regulation 52(4) read with Regulation 63 of the Listing Regulations, including
the manner in which it is to be disclosed, or that it contains any material misstatement or that it has not been prepared in accordance
with the relevant prudential norms issued by the RBI in respect of income recognition, asset classification, provisioning and other related
matters.
5. Attention is drawn to the fact that the figures for the three months ended 31 March 2025 as reported in
the Statement are the balancing figures between audited figures in respect of the full previous financial year and the published year
to date figures up to the third quarter of the previous financial year. The figures up to the end of the third quarter of previous financial
year had only been reviewed and not subjected to audit.
6. The standalone financial results of the Bank for the corresponding quarter ended 30 June 2024 were reviewed
jointly by the predecessor auditors whose report dated 27 July 2024 had expressed an unmodified conclusion.
For B S R & Co. LLP
Chartered Accountants
Firm Registration no.: 101248W/W-100022
Chartered Accountants
Firm Registration no.: 101961W/W100036
Partner
Partner
Membership No.: 109503
UDIN: 25109503BMOQCS7261Membership No.: 101684
UDIN: 25101684BMMLOY6012
Place: Mumbai
Place: Mumbai
Date: 19 July 2025
Date: 19 July 2025
B S R & Co. LLP
C N K & Associates LLP
Chartered Accountants
Chartered
Accountants
14th Floor, Central B Wing and North C Wing
3rd Floor, Mistry Bhavan,
Nesco IT Park 4, Nesco Center
Dinshaw Vachha Road,
Western Express Highway, Goregaon (East)
Churchgate
Mumbai – 400 063, India
Mumbai- 400 020, India
1. We have reviewed the accompanying Statement of unaudited consolidated financial results of ICICI Bank
Limited (hereinafter referred to as “the Parent”), and its subsidiaries (the Parent and
its subsidiaries together referred to as “the Group”), and its share of the net profit after tax of its associates for the
quarter ended 30 June 2025 (“the Statement”), being submitted by the Parent pursuant to the requirements of Regulation 33
and Regulation 52(4) read with Regulation 63 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”).
2. This Statement, which is the responsibility of the Parent’s management and approved by the Parent’s
Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Accounting Standard 25
“Interim Financial Reporting” (“AS 25”), prescribed under Section 133 of the Companies Act, 2013, read
with relevant rules issued thereunder, in so far as they apply to banks, the relevant provisions of the Banking Regulation Act, 1949,
the circulars, the guidelines and directions issued by the Reserve Bank of India (RBI) (“RBI Guidelines”) and guidelines issued
by Insurance Regulatory and Development Authority of India (“IRDAI guidelines”) as applicable, and other accounting principles
generally accepted in India and in compliance with Regulation 33 and Regulation 52(4) read with Regulation 63 of the Listing Regulations.
Our responsibility is to issue a report on the Statement based on our review.
3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410
“Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered
Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial
and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted
in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant
matters that might be identified in an audit. Accordingly, we do not express an audit opinion.
4. The Statement includes the results of the entities mentioned in Annexure 1.
5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the
consideration of the review reports of the other auditors referred to in paragraph 6 below, nothing has come to our attention that causes
us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the
aforesaid Accounting Standard, RBI Guidelines, IRDAI guidelines, as applicable and other accounting principles generally accepted in India,
has not disclosed the information required to be disclosed in terms of Regulation 33 and Regulation 52(4) read with Regulation 63 of the
Listing Regulations, including the manner in which it is to be disclosed, except for the disclosures relating to consolidated Pillar 3
disclosure as at 30 June
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6. We did not review the interim financial information of 6 subsidiaries included in the Statement, whose
interim financial information reflect total assets (before consolidation adjustments) of Rs. 474,965.73 crores as at 30 June 2025 and
total revenues (before consolidation adjustments) of Rs. 22,785.92 crores, total net profit after tax (before consolidation adjustments)
of Rs. 2,433.68 crores, for the quarter ended 30 June 2025, as considered in the Statement. These interim financial information have been
reviewed by other auditors whose reports have been furnished to us by the Parent’s management and our conclusion on the Statement,
in so far as it relates to the amounts and disclosures included in respect of these subsidiaries, is based solely on the reports of the
other auditors and the procedures performed by us as stated in paragraph 3 above.
7. The Statement includes the financial information of 9 subsidiaries which have not been reviewed, whose
interim financial information reflect total assets (before consolidation adjustments) of Rs. 53,529.80 crores as at 30 June 2025 and total
revenue (before consolidation adjustments) of Rs. 741.61 crores and total net profit after tax (before consolidation adjustments) of Rs.
101.45 crores for the quarter ended 30 June 2025, as considered in the Statement. The Statement also includes the Group’s share
of net profit after tax of Rs. 62.53 crores for the quarter ended 30 June 2025, in respect of 4 associates, based on their financial information
which have not been reviewed. According to the information and explanations given to us by the Parent’s management, these interim
financial information of the subsidiaries and associates are not material to the Group.
8. The joint statutory auditors of ICICI Prudential Life Insurance Company Limited, vide their review report
dated 15 July 2025 have expressed an unmodified conclusion and have reported in the 'Other Matter' section that ‘The actuarial valuation
of liabilities for life policies in force and for policies in respect of which premium has been discontinued but liability exists as at
30 June 2025 is the responsibility of the Company's Appointed Actuary (the ‘Appointed Actuary’). The actuarial valuation of
these liabilities for life policies in force and for policies in respect of which premium has been discontinued but liability exists as
at 30 June 2025 has been duly certified by the Appointed Actuary and in his opinion, the assumptions for such valuation are in accordance
with the guidelines and norms issued by the Insurance Regulatory and Development Authority of India ('IRDAI') and the Institute of Actuaries
of India in concurrence with the Authority. The joint auditors have relied upon the Appointed Actuary's certificate in this regard for
forming their conclusion on the valuation of liabilities for life policies in force and for policies in respect of which premium has been
discontinued but liability exists, as contained in the group reporting pack of the Company’.
B S R & Co. LLP
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9. The joint statutory auditors of ICICI Lombard General Insurance Company Limited, vide their review report
dated 15 July 2025, have expressed an unmodified opinion and have reported in the 'Other Matter' section that ‘The actuarial valuation
of liabilities in respect of Incurred But Not Reported ('IBNR'), Incurred But Not Enough Reported ('IBNER') and Premium Deficiency Reserve
('PDR') is the responsibility of the Company's Appointed Actuary (the 'Appointed Actuary'). The actuarial valuation of these liabilities,
that are estimated using statistical methods as at 30 June 2025 has been duly certified by the Appointed Actuary and in his opinion, the
assumptions considered by him for such valuation are in accordance with the guidelines and norms issued by the IRDAI and the Institute
of Actuaries of India in concurrence with IRDAI. The joint statutory auditors have relied upon the Appointed Actuary's certificate in
this regard for forming their opinion on the valuation of liabilities for outstanding claims reserves and PDR contained in the group reporting
pack of the Company’.
10. Attention is drawn to the fact that the figures for the three months ended 31 March 2025 as reported in
the Statement are the balancing figures between audited figures in respect of the full previous financial year and the published year
to date figures up to the third quarter of the previous financial year. The figures up to the end of the third quarter of previous financial
year had only been reviewed and not subjected to audit.
11. The consolidated financial results of the group and its associates for the corresponding quarter ended
30 June 2024 were reviewed jointly by the predecessor auditors whose report dated 27 July 2024 had expressed an unmodified conclusion.
Place: Mumbai
Place: Mumbai
Date: 19 July 2025
Date: 19 July 2025
B S R & Co. LLP
C N K & Associates LLP
Chartered Accountants
Chartered Accountants
1. ICICI Bank Limited
2. ICICI Bank UK PLC
3. ICICI Bank Canada
4. ICICI Securities Limited
5. ICICI Securities Holdings Inc.
6. ICICI Securities Inc.
7. ICICI Securities Primary Dealership Limited
8. ICICI Venture Funds Management Company Limited
9. ICICI Home Finance Company Limited
10. ICICI Trusteeship Services Limited
11. ICICI Investment Management Company Limited
12. ICICI International Limited
13. ICICI Prudential Pension Funds Management Company Limited
14. ICICI Prudential Life Insurance Company Limited
15. ICICI Lombard General Insurance Company Limited
16. ICICI Prudential Asset Management Company Limited
17. ICICI Prudential Trust Limited
18. I-Process Services (India) Limited (formerly known as I-Process Services (India) Private Limited)
19. ICICI Strategic Investments Fund
20. NIIT Institute of Finance Banking and Insurance Training Limited*
21. Fiserv Merchant Solutions Private Limited (previously known as ICICI Merchant Services Private Limited)**
22. India Infradebt Limited
23. India Advantage Fund-III
24. India Advantage Fund-IV
25. Arteria Technologies Private Limited
**Ceased to be an associate of the Bank effective from 17 April 2025
ICICI
Bank Limited
ICICI Bank Towers
Bandra Kurla Complex
Mumbai 400 051
News Release
July 19, 2025
· Profit before tax excluding treasury grew by
11.4% year-on-year to ₹ 15,690 crore (US$ 1.8 billion) in the quarter ended June 30, 2025 (Q1-2026)
· Core operating profit grew by 13.6% year-on-year
to ₹ 17,505 crore (US$ 2.0 billion) in Q1-2026
· Profit after tax grew by 15.5% year-on-year
to ₹ 12,768 crore (US$ 1.5 billion) in Q1-2026
· Total period-end deposits grew by 12.8% year-on-year
to ₹ 16,08,517 crore (US $187.6 billion) at June 30, 2025
· Average deposits grew by 11.2% year-on-year
to ₹ 15,33,241 crore (US$ 178.8 billion) in Q1-2026
· Average current account and savings account
(CASA) ratio was 38.7% in Q1-2026
· Domestic loan portfolio grew by 12.0% year-on-year
to ₹ 13,31,196 crore (US$ 155.2 billion) at June 30, 2025
· Net NPA ratio was 0.41% at June 30, 2025
· Provisioning coverage ratio on non-performing
loans was 75.3% at June 30, 2025
· Including profits for Q1-2026, total capital
adequacy ratio was 16.97% and CET-1 ratio was 16.31%, on a standalone basis, at June 30, 2025 ICICI Bank Limited
ICICI Bank Towers
Bandra Kurla Complex
Mumbai 400 051
· Profit before tax excluding treasury grew by 11.4%
year-on-year to ₹ 15,690 crore (US$ 1.8 billion) in Q1-2026 from ₹ 14,080 crore (US$ 1.6 billion) in the quarter ended June
30, 2024 (Q1-2025)
· Core operating profit grew by 13.6% year-on-year
to ₹ 17,505 crore (US$ 2.0 billion) in Q1-2026 from ₹ 15,412 crore (US$ 1.8 billion) in Q1-2025
· Net interest income (NII) increased by 10.6% year-on-year
to ₹ 21,635 crore (US$ 2.5 billion) in Q1-2026 from ₹ 19,553 crore (US$ 2.3 billion) in Q1-2025
· Net interest margin was 4.34% in Q1-2026 compared
to 4.41% in Q4-2025 and 4.36% in Q1-2025
· Non-interest income, excluding treasury, increased
by 13.7% year-on-year to ₹ 7,264 crore (US$ 847 million) in Q1-2026 from ₹ 6,389 crore (US$ 745 million) in Q1-2025
· Fee income grew by 7.5% year-on-year to ₹
5,900 crore (US$ 688 million) in Q1-2026 from ₹ 5,490 crore (US$ 640 million) in Q1-2025. Fees from retail, rural and business banking
customers constituted about 79% of total fees in Q1-2026
· Treasury gains were ₹ 1,241 crore (US$ 145
million) in Q1-2026 as compared to ₹ 613 crore (US$ 71 million) in Q1-2025, primarily reflecting realised and mark-to-market gains
in fixed income securities and equities
· Provisions (excluding provision for tax) were
₹ 1,815 crore (US$ 212 million) in Q1-2026 compared to ₹ 1,332 crore (US$ 155 million) in Q1-2025. Provisions in Q1-2025 included
the impact of release of AIF related provisions of ₹ 389 crore (US$ 45 million)
· Profit before tax grew by 15.2% year-on-year to
₹ 16,931 crore (US$ 2.0 billion) in Q1-2026 from ₹ 14,693 crore (US$ 1.7 billion) in Q1-2025
· Profit after tax grew by 15.5% year-on-year to
₹ 12,768 crore (US$ 1.5 billion) in Q1-2026 from ₹ 11,059 crore (US$ 1.3 billion) in Q1-2025 ICICI Bank Limited
ICICI Bank Towers
Bandra Kurla Complex
Mumbai 400 051ICICI Bank Limited
ICICI Bank Towers
Bandra Kurla Complex
Mumbai 400 051ICICI Bank Limited
ICICI Bank Towers
Bandra Kurla Complex
Mumbai 400 051
₹ crore
FY2025
Q1-2025
Q4-2025
Q1-2026
Audited
Unaudited
Audited
Unaudited
Net interest income
81,165
19,553
21,193
21,635
Non-interest income
26,603
6,389
7,021
7,264
- Fee income
23,870
5,490
6,306
5,900
- Dividend income from subsidiaries
2,619
894
675
1,336
- Other income
114
5
40
28
Less:
Operating expense
42,372
10,530
10,789
11,394
Core operating profit1
65,396
15,412
17,425
17,505
Provisions
4,6832
1,332
8912
1,815
Profit before tax excl. treasury
60,713
14,080
16,534
15,690
Treasury
1,903
613
239
1,241
Profit before tax
62,616
14,693
16,773
16,931
Less:
Provision for taxes
15,389
3,634
4,143
4,163
Profit after tax
47,227
11,059
12,630
12,768
1. Excluding treasury
2. The Bank, on a prudent basis, continues to hold provision against the security receipts guaranteed
by the Government, which will be reversed on actual receipt of recoveries or approval of claims, if any.
3. Prior period numbers have been re-arranged wherever necessary ICICI Bank Limited
ICICI Bank Towers
Bandra Kurla Complex
Mumbai 400 051
₹ crore
30-Jun -24
31-Mar-25
30-Jun-25
Unaudited
Audited
Unaudited
Capital and liabilities
Capital
1,407
1,425
1,427
Employee stock options outstanding
1,516
2,070
2,143
Reserves and surplus
2,51,071
2,88,582
3,02,751
Deposits
14,26,150
16,10,348
16,08,517
Borrowings (includes subordinated debt)
1,20,147
1,23,538
1,17,095
Other liabilities and provisions2
92,406
92,277
91,906
Total capital and liabilities
18,92,697
21,18,240
21,23,839
Assets
80,439
1,19,928
96,454
30,224
65,634
68,144
Investments
4,75,256
5,04,7573
5,07,707
Advances
12,23,154
13,41,766
13,64,157
Fixed assets
11,101
12,839
12,878
Other assets
72,523
73,316
74,499
Total assets
18,92,697
21,18,240
21,23,839
1. Prior period figures have been re-grouped/re-arranged wherever necessary
2. The Bank continues to hold contingency provision of ₹ 13,100 crore (US$ 1.5 billion) at June
30, 2025
3. Pursuant to the Scheme of Arrangement amongst ICICI Bank Limited and ICICI Securities Limited and their
respective shareholders, ICICI Securities Limited has been delisted from stock exchanges on March 24, 2025 and became a wholly-owned subsidiary
of the Bank. ICICI Bank Limited
ICICI Bank Towers
Bandra Kurla Complex
Mumbai 400 051
Date :
By:
/s/ Prachiti Lalingkar
Name :
Title :
Company Secretary
FAQ
How much did ICICI Bank's net profit grow in Q1-FY26?
What is ICICI Bank's current net NPA ratio?
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What growth was recorded in deposits and loans?
What is the status of the ICICI Prudential Pension Funds acquisition?
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