ICICI Bank Reports 8.5% Profit Growth in Q4 FY26, Reaches ₹13,701.7 Crore
ICICI Bank's net profit up 8.5% in Q4 FY26 to ₹13,701.7 crore
Business Standard
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ICICI Bank, a major private sector lender in India, reported an 8.5% increase in net profit for Q4 FY26, totaling ₹13,701.7 crore. The growth was driven by higher income and reduced provisions, reflecting improved asset quality. The bank's total deposits also rose by 11.4% year-on-year.
- 01Net profit for Q4 FY26 reached ₹13,701.7 crore, up 8.5% from the previous year.
- 02Net Interest Income (NII) increased by 8.4% to ₹22,979 crore.
- 03Total deposits grew by 11.4% year-on-year to ₹17.95 trillion.
- 04Gross Non-Performing Assets (GNPA) ratio improved to 1.4%.
- 05The bank's board approved a dividend of ₹12 per equity share.
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ICICI Bank, one of India's leading private sector banks, reported a net profit of ₹13,701.7 crore for the January-March quarter of FY26, marking an 8.5% year-on-year growth from ₹12,629.6 crore in Q4 FY25. This increase was supported by a strong rise in Net Interest Income (NII), which climbed 8.4% to ₹22,979 crore. The bank's asset quality also showed improvement, with the Gross Non-Performing Assets (GNPA) ratio falling to 1.4% as of March 31, 2026, down from 1.67% a year earlier. Additionally, total deposits surged by 11.4% year-on-year to ₹17.95 trillion, while the retail loan portfolio constituted 50.4% of the total loans. The board of directors has proposed a dividend of ₹12 per equity share and approved a significant fundraising limit of ₹25,000 crore through debt securities. These positive results reflect the bank's robust financial health and strategic growth initiatives.
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The increase in net profit and improved asset quality could lead to better loan offerings and interest rates for customers, enhancing financial stability for borrowers.
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