ICICI Bank Board Approves Q2 2026 Results, Appoints New Director

The ICICI Bank board has approved the financial results for Q2 2026, reporting a ₹12,359 crore profit after tax. A new independent director, Ms. Vijayalakshmi Iyer, has been appointed, pending shareholder approval. Net NPA ratio stood at 0.39%. The board has also announced the retirement of Mr. Balaji V.V. The results reflect strong financial performance and strategic board decisions.

Financial Performance Highlights (Q2 2026)

ICICI Bank reported the following key financial figures for the quarter ending September 30, 2025:

  • Net profit: ₹12,359 crore
  • Interest earned: ₹41,757.95 crore
  • Total Income: ₹49,333.49 crore
  • Operating profit before provisions and contingencies: ₹17,297.96 crore
  • Net NPA ratio: 0.39%

Segmental Performance

Key highlights from the bank’s operational segments:

  • Retail Banking revenue: ₹40,758.81 crore
  • Wholesale Banking revenue: ₹21,111.95 crore
  • Treasury revenue: ₹33,913.18 crore

New Board Appointment

The Board of Directors approved the appointment of Ms. Vijayalakshmi Iyer (DIN: 05242960) as an Additional (Independent) Director, starting from December 1, 2025, until May 31, 2030. This appointment is subject to shareholder approval. Ms. Iyer is not related to any existing director of the Bank.

Other Key Updates

  • Mr. Balaji V.V. will retire effective October 31, 2025, ceasing to be the Senior Management Personnel of the Bank from November 1, 2025.
  • The Board meeting commenced at 9:45 a.m. and concluded at 2:25 p.m.

Source: BSE

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