ICICI Bank Ratings Reaffirmed at ‘Crisil AAA/Crisil AA+/Stable’

CRISIL Ratings has reaffirmed ICICI Bank’s ratings at ‘Crisil AAA/Crisil AA+/Stable’. The ratings reflect the bank’s healthy capitalization, strong market position, comfortable resource profile, and stable asset quality. On September 30, 2025, the bank’s overall capital adequacy ratio (CAR) stood at 15.8%. Furthermore, the bank reported a consolidated net profit of Rs 26,915 crore for H1 FY26.

Ratings Reaffirmation

CRISIL Ratings has reaffirmed its ‘Crisil AAA/Crisil AA+/Stable’ ratings on the debt instruments of ICICI Bank Ltd. The ratings showcase the bank’s strong financial health and market position.

Key Financial Highlights

  • Gross advances and deposits of Rs 14.3 lakh crore and Rs 16.1 lakh crore, respectively, as of September 30, 2025.
  • Networth was sizeable at Rs 3.1 lakh crore.
  • Overall capital adequacy ratio (CAR) was 15.8% as of September 30, 2025.
  • Gross and net non-performing assets (GNPAs and NNPAs) stood at 1.6% and 0.4%, respectively, as of September 30, 2025.
  • Consolidated net profit of Rs 26,915 crore for H1 FY26.

Strong Market Position and Resource Profile

ICICI Bank remains among the largest private sector banks in India with a consolidated asset base of Rs 26.9 lakh crore as of September 30, 2025. The bank’s resource franchise remains comfortable, supported by a high proportion of low-cost current account and savings account (CASA) deposits. The CASA ratio stood at 40.9% as of September 30, 2025.

Stable Asset Quality

Asset quality has improved with GNPA (as a percentage of gross advances) at 1.6% as of September 30, 2025. The bank’s liquidity coverage ratio was 125% as of September 30, 2025, indicating a superior liquidity position.

ESG Initiatives

ICICI Bank is focused on strengthening its ESG profile by increasing its portfolio to sectors such as renewable energy and electric vehicles. In fiscal 2025, Rs 90,600 crore deployed towards positive impact sectors.

Source: BSE

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