new delhi, Oct 29
ICICI Bank, one of India’s leading private sector banks, reported steady financial performance for the quarter ended September 30, 2025.
The bank posted a net profit of ?12,359 crore, registering a 5.2% year-on-year increase. Profit before tax (excluding treasury) grew by 9.1% year-on-year to ?16,164 crore, while core operating profit rose by 6.5% year-on-year to ?17,078 crore, reflecting continued operational efficiency. Net interest income (NII) increased by 7.4% year-on-year to ?21,529 crore, with the net interest margin (NIM) at 4.3%. Sandeep Bakhshi, Managing Director and CEO, ICICI Bank, said, “We continue to operate within the framework of our values to strengthen our franchise. Maintaining high standards of governance, deepening coverage and enhancing delivery capabilities with a focus on simplicity and operational resilience, are key drivers for our risk-calibrated profitable growth.”
The bank maintained strong asset quality with further improvement across key ratios. The gross NPA ratio declined to 1.58% as of September 30, 2025, compared to 1.97% in the same quarter last year and 1.67% in the previous quarter.
The net NPA ratio improved to 0.39%. Gross NPA additions stood at ?5,034 crore, while recoveries and upgrades (excluding write-offs) totalled ?3,648 crore, resulting in net additions of ?1,386 crore for the quarter. Retail and rural portfolios contributed ?4,049 crore of gross additions.
The provisioning coverage ratio (PCR) remained robust at 75%, and total provisions (excluding tax) were ?914 crore, down from ?1,815 crore in the previous quarter.
The bank continues to maintain contingency provisions of ?13,100 crore, equivalent to around 0.9% of total advances, as a prudent buffer.
“We remain focused on maintaining a strong balance sheet, prudent provisioning and healthy levels of capital while delivering sustainable and predictable returns to our shareholders,” Sandeep Bakhshi added.
Deposit and Credit Growth
Total deposits grew 7.7% year-on-year to ?16.13 lakh crore as of September 30, 2025, supported by balanced growth across deposit categories; CASA deposits increased 8.2%, while term deposits rose 7.3% year-on-year. The bank’s average CASA ratio stood at 39.2%.
On the lending side, the overall loan portfolio (including international branches) grew 10.3% year-on-year and 3.2% sequentially.
The domestic loan portfolio expanded 10.6% year-on-year and 3.3% sequentially, led by a 6.6% rise in retail loans, 24.8% growth in business banking, and a 3.5% increase in domestic corporate loans.
Capital and Liquidity
The bank’s capital adequacy remained strong, with a CET-1 ratio of 16.35% and a total capital adequacy ratio of 17%, including profits for the half year ended September 30, 2025.
The average liquidity coverage ratio (LCR) for the quarter stood at 127%, reflecting ample liquidity buffers to support growth.
“Looking ahead, we see many opportunities to drive risk-calibrated profitable growth and grow market share across key segments,” Sandeep Bakhshi added.
