ICICIBANK

📊 Financial Performance

📰 Latest News Updates Profit Growth – ICICI Bank posted strong results with net profit up ~15.5% YoY in Q1 FY26, driven by core lending and steady loan growth. In Q4 FY25, profits grew ~18% YoY. Minimum Balance Requirement – From August 1, 2025, new savings account holders will face higher minimum balance requirements: ₹50,000 in metro/urban areas, ₹25,000 in semi-urban, and ₹10,000 in rural. Cheque Clearing Policy – From October 4, 2025, cheques deposited within cut-off times will be cleared on the same day. Credit Card Partnership – ICICI Bank and Amazon Pay renewed their co-branded card deal, reducing forex markup on international transactions from October 11, 2025. CSR / Expansion – Through its foundation, ICICI is funding a ₹550 crore block for a cancer hospital in Visakhapatnam. Deposit Rates – Following RBI’s repo rate cut in June 2025, the bank reduced FD rates on select tenures. 📊 Financial Performance Q1 FY26 Net Profit: ~₹12,768 crore, +15.5% YoY. FY25 Income: Interest earned ~₹1.43 lakh crore, total income ~₹1.66 lakh crore. Deposits: ~₹16.1 lakh crore. Reserves & Surplus: ~₹2.88 lakh crore. Asset Quality: Gross NPA ~1.67%, improving from over 2% last year. Net Interest Margin (NIM): ~4.3% in Q1 FY26, slightly softer but healthy. Capital Adequacy Ratio (CAR): ~16.3%, showing strong capital buffers. Valuation: Trades at ~3.1× book value, reflecting premium pricing among peers.