CareEdge Reaffirms ICICI Bank Ratings with Stable Outlook

🏦 CareEdge Ratings reaffirmed

’s credit ratings, maintaining AAA for long-term instruments, infrastructure, and Tier II bonds, and AA+ for Tier I bonds, with a Stable outlook. The bank posted ₹1,91,770 crore total income in FY25 (up 16% YoY) and ₹47,227 crore PAT, with GNPA at 1.67% and NNPA at 0.39%. Despite higher retail and rural slippages, asset quality and capitalization remain strong with a 17% CAR. CareEdge expects minor NIM pressure ahead but steady business growth in FY26.