New Delhi: ICICI Bank, India’s second-largest private sector lender, posted a 5.2 per cent year-on-year rise in profit after tax (PAT) to ₹12,359 crore for the quarter ended September (Q2 FY26).
In a regulatory filing, the bank reported a 7.4 per cent year-on-year growth in net interest income (NII), which stood at ₹21,529 crore, with a net interest margin (NIM) of 4.30 per cent. Profit before tax, excluding treasury gains, increased 9.1 per cent YoY to ₹16,164 crore.
Average deposits grew 9.1 per cent YoY to ₹15,57,449 crore during the quarter, while the average current account and savings account (CASA) ratio stood at 39.2 per cent. Average savings deposits rose 8.5 per cent YoY and 3.2 per cent sequentially.
The bank’s core operating profit rose 6.5 per cent YoY to ₹17,078 crore in Q2 FY26, compared to ₹16,043 crore in the same quarter last year. Its net non-performing asset (NPA) ratio improved to 0.39 per cent at the end of the quarter.
Provisions (excluding tax) dropped to ₹914 crore in Q2 FY26, from ₹1,233 crore in Q2 FY25 and ₹1,815 crore in Q1 FY26. The retail loan portfolio grew 6.6 per cent YoY and 2.6 per cent sequentially, forming 52.1 per cent of the total loan book as of September 2025. Including non-fund exposures, retail accounted for 42.9 per cent of the total portfolio.
During the first half of FY26, ICICI Bank added 263 new branches, taking its network to 7,246 branches and 10,610 ATMs and cash recycling machines across the country. Including profits for the six months ended September, the bank’s total capital adequacy ratio stood at 17 per cent, while the CET-1 ratio was 16.35 per cent—well above the regulatory requirements of 11.70 per cent and 8.20 per cent, respectively.
With inputs from IANS