ICICI Bank has announced its standalone financial results for Q3 2026, with a core operating profit increase of 6.0% year-on-year to ₹17,513 crore. The gross NPA ratio improved to 1.53%. The board has also approved the reappointments of Mr. Sandeep Bakhshi as Managing Director & CEO and Mr. Ajay Kumar Gupta as Executive Director, subject to regulatory approvals. These decisions reflect the Bank’s commitment to stable leadership and sustained growth.
Financial Performance Highlights
For the quarter ended December 31, 2025 (Q3 2026), ICICI Bank reported the following key standalone financial metrics:
- Core operating profit grew by 6.0% year-on-year to ₹17,513 crore.
- Net Interest Income (NII) increased by 7.7% year-on-year to ₹21,932 crore. Net interest margin was 4.30%.
- Non-interest income (excluding treasury) increased by 12.4% year-on-year to ₹7,525 crore.
- Operating expenses increased by 13.2% year-on-year.
- The gross NPA ratio was 1.53% at December 31, 2025, and the net NPA ratio was 0.37%.
Leadership Continuity
The Board of Directors approved the re-appointment of key executives:
- Mr. Sandeep Bakhshi as Managing Director & CEO for a further period of two years with effect from October 4, 2026, to October 3, 2028.
- Mr. Ajay Kumar Gupta as Executive Director for a further period of two years with effect from November 27, 2026, to November 26, 2028.
These re-appointments are subject to the approval of the Reserve Bank of India, shareholders, and other required approvals. The re-appointments align with RBI guidelines on bank governance.
Additional Key Metrics
Other important financial data includes:
- Average deposits grew by 8.7% year-on-year.
- Total period-end deposits grew by 9.2% year-on-year to ₹16,59,611 crore.
- Domestic loan portfolio grew by 11.5% year-on-year.
- Provisioning coverage ratio was 75.4% at December 31, 2025.
- Total capital adequacy ratio was 17.34% and CET-1 ratio was 16.46% on a standalone basis at December 31, 2025.
Source: BSE
