ICICI Bank showcased a solid performance for the quarter ending September 30, 2025, driven by healthy credit growth and strong asset quality. The bank’s net profit rose to Rs 12,359 crore, marking a 5.2% increase compared to the previous year. This growth was primarily due to a significant reduction in provisions and an increase in fee-based and net interest income.

The bank’s asset quality remained robust in Q2FY26, with improvements across key metrics. The net non-performing asset (NPA) ratio decreased to 0.39% from 0.41% in the previous quarter and 0.42% a year ago. Gross NPA ratio also improved, dropping to 1.58% from 1.67% in June 2025 and 1.97% the previous year.

ICICI Bank’s total advances reached Rs 14,08,456 crore during Q2FY26, reflecting a sequential increase of 3.2% and an annual rise of 10.3%. The retail loan portfolio made up 52.1% of the total loan portfolio, growing by 2.6% sequentially and 6.6% annually.

The average deposits at ICICI Bank increased by 9.1% year-on-year and 1.6% sequentially, amounting to Rs 15,57,449 crore in Q2 of 2026. Average current account deposits saw a rise of 1.6% sequentially and 12.6% year-on-year, while average savings account deposits grew by 3.2% sequentially and 8.5% year-on-year.

Total period-end deposits reached Rs 16,12,825 crore in Q2FY26, marking a year-on-year increase of 7.7%. This growth reflects the bank’s ability to maintain financial stability amidst changing market conditions.

Provisions and Risk Management

ICICI Bank demonstrated strong risk management with total provisions standing at Rs 22,620 crore or 1.6% of loans, including Rs 13,100 crore in contingency provisions. The bank maintained a provision coverage ratio of 75%, while writing off NPAs amounting to Rs 2,263 crore.

Gross NPA additions were reduced to Rs 5,034 crore from Rs 6,245 crore in Q1FY26 due to robust recoveries and upgrades totaling Rs 3,648 crore.

Branch Network Expansion

As of September 30, 2025, ICICI Bank expanded its branch network by adding 263 branches during the first half of FY26. This brought the total number of branches to 7,246 along with a network of 10,610 ATMs and cash recycling machines.

The bank’s strategic expansion efforts reflect its commitment to enhancing customer accessibility across India while maintaining operational efficiency.