ICICI Bank Board Approves Q2 2026 Results, Appoints Additional Director

ICICI Bank’s Board of Directors approved the unaudited financial results for Q2 2026. Key highlights include a 9.1% year-on-year increase in profit before tax, excluding treasury, and the appointment of Ms. Vijayalakshmi Iyer as an Additional (Independent) Director. Mr. Balaji V.V. will retire effective October 31, 2025.

Financial Performance Highlights

The Board of Directors approved the unaudited financial results for the quarter and six months ended September 30, 2025 (Q2 2026). The financial results show positive growth across key indicators. Some of the highlights are:

  • Profit before tax excluding treasury grew by 9.1% year-on-year.
  • Core operating profit increased by 6.5% year-on-year.
  • Net NPA ratio stood at 0.39% at September 30, 2025.

Appointment of Additional Director

The Board approved the appointment of Ms. Vijayalakshmi Iyer (DIN: 05242960) as an Additional (Independent) Director, effective from December 1, 2025, to May 31, 2030. The appointment is subject to shareholder approval. Ms. Iyer is not related to any Director of the Bank and meets the necessary qualifications for the position.

Other Key Updates

Mr. Balaji V.V. will retire, ceasing to be the Senior Management Personnel of the Bank effective close of business hours on October 31, 2025 and his retirement will be effective from November 1, 2025.

Source: BSE

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