Slides
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Q2-2027: Performance review October 17, 2026
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2 Certain definitions in this release relating to a future period of time (including inter alia concerning our future business plans or growth prospects) are forward-looking statements intended to qualify for the 'safe harbor' under applicable securities laws including the US Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. These risks and uncertainties include, but are not limited to statutory and regulatory changes, international economic and business conditions; political or economic instability in the jurisdictions where we have operations or which affect global or Indian economic conditions, increase in non-performing loans, unanticipated changes in interest rates, foreign exchange rates, equity prices or other rates or prices, our growth and expansion in business, the adequacy of our allowance for credit losses, the actual growth in demand for banking products and services, investment income, cash flow projections, our exposure to market risks, changes in India’s sovereign rating, as well as other risks detailed in the reports filed by us with the United States Securities and Exchange Commission. Any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of the date of this release. ICICI Bank undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov.
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Highlights for Q2-2027 3
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4 Key highlights for Q2-2027 (1/2) • Profit before tax excluding treasury grew by 23.4% y-o-y and 5.2% q-o-q to ₹ 199.54 bn in Q2-2027 • Core operating profit grew by 21.8% y-o-y and 2.8% q-o-q to ₹ 208.05 bn • Core operating profit excluding dividend from subsidiaries grew by 25.0% y-o-y and 6.4% q-o-q to ₹ 203.42 bn • Profit after tax grew by 20.1% y-o-y to ₹ 148.43 bn in Q2-2027 Earnings • Net NPA ratio was 0.30% at Sep 30, 2026 (Jun 30, 2026: 0.35%) • Net additions of ₹ 12.13 bn to gross NPAs in Q2-2027 (Q2-2026: ₹ 13.86 bn) • Provision coverage ratio was 75.0% at Sep 30, 2026 (Jun 30, 2026: 74.7%) • Standard, contingency and other provisions of ₹ 238.15 bn (1.3% of advances) • Contingency provisions of ₹ 131.00 bn at Sep 30, 2026 • Excludes additional standard asset provision of ₹ 12.83 billion in respect of agricultural priority sector portfolio Asset quality • Common Equity Tier 1 ratio of 16.01%1 (Jun 30, 2026: 16.19%1) • Total capital adequacy ratio of 16.68%1 Capital 1. Including profits for the period
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5 Key highlights for Q2-2027 (2/2) • Total loans grew by 30.0% y-o-y and 12.3% q-o-q • Excluding loans provided by international branches of the Bank against FCNR (B) deposits, total loans grew by 24.1% y-o-y and 7.3% q-o-q • Retail and rural loans grew by 14.8% y-o-y and 3.2% q-o-q • Business banking1 portfolio grew by 33.8% y-o-y and 11.1% q-o-q • Domestic corporate portfolio grew by 30.6% y-o-y and 10.4% q-o-q Advances • Period-end total deposits grew by 27.1% y-o-y and 11.8% q-o-q at Sep 30, 2026 • Excluding FCNR (B) deposits, period end total deposits grew by 17.0% y-o- y and 3.1% q-o-q at Sep 30, 2026 • Average deposits grew by 21.2% y-o-y and 8.0% q-o-q in Q2-2027 • Average current and savings account deposits grew by 10.7% y-o-y and 1.4% q-o-q in Q2-2027 Deposits 1. This portfolio comprises borrowers with turnover of upto ₹ 7.50 bn
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Financial performance 6
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1. Includes interest on tax refund of ₹ 0.14 bn in Q2-2027 (FY2026: ₹ 7.11 bn, Q1-2027: ₹ 4.65 bn, Q2-2026: 0.08 bn) Profit & loss statement (₹ billion) FY2026 Q2- 2026 H1- 2026 Q1- 2027 Q2- 2027 H1- 2027 Q2-o-Q2 (%) Net interest income1 880.75 215.29 431.64 243.84 253.39 497.23 17.7% Non-interest income 295.60 73.56 146.20 84.25 82.77 167.02 12.5% - Fee income 257.42 64.91 123.91 72.86 77.95 150.81 20.1% - Dividend income from subsidiaries 34.58 8.10 21.46 11.10 4.63 15.73 (42.9)% - Others 3.60 0.55 0.83 0.29 0.19 0.48 (64.4)% Core operating income 1,176.35 288.85 577.84 328.09 336.16 664.25 16.4% Operating expenses 472.34 118.07 232.01 125.74 128.11 253.85 8.5% - Employee expenses 179.75 43.42 90.85 50.05 49.28 99.33 13.5% - Non-employee expenses 292.59 74.65 141.16 75.69 78.83 154.52 5.6% Core operating profit 704.01 170.78 345.83 202.35 208.05 410.40 21.8% Core operating profit excluding dividend income 669.43 162.68 324.37 191.25 203.42 394.67 25.0% 7
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Profit & loss statement ₹ in billion FY2026 Q2- 2026 H1- 2026 Q1- 2027 Q2- 2027 H1- 2027 Q2-o-Q2 (%) Core operating profit 704.01 170.78 345.83 202.35 208.05 410.40 21.8% Provisions 53.801 9.14 27.29 12.60 8.51 21.11 (7.0)% Profit before tax excluding treasury 650.21 161.64 318.54 189.75 199.54 389.29 23.4% Treasury income 11.98 2.20 14.61 1.51 (2.30) (0.79) - Profit before tax 662.19 163.84 333.15 191.26 197.24 388.50 20.4% Tax 160.72 40.25 81.88 43.21 48.81 92.02 21.3% Profit after tax 501.47 123.59 251.27 148.05 148.43 296.48 20.1% 8 1. Includes additional standard asset provision of ₹ 12.83 bn made pursuant to Reserve Bank of India’s annual supervisory review
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Consolidated P&L and ratios: slide 45-47 Percent FY2026 Q2- 2026 H1- 2026 Q1- 2027 Q2- 2027 H1- 2027 Net interest margin1,2 4.32 4.30 4.32 4.36 4.18 4.27 Cost of deposits 4.62 4.64 4.75 4.41 4.50 4.45 Cost-to-income 39.7 40.6 39.2 38.1 38.4 38.3 Core operating profit/average assets 3.26 3.22 3.28 3.40 3.17 3.28 Provisions/core operating profit 7.6 5.4 7.9 6.2 4.1 5.1 Provisions/average advances 0.38 0.26 0.40 0.32 0.20 0.25 Return on average assets 2.32 2.33 2.38 2.49 2.26 2.37 Standalone return on equity 16.0 16.0 16.6 17.1 16.6 16.9 Weighted average EPS (₹) 70.2 69.2 70.4 82.6 82.7 82.7 Book value (₹) 471.2 436.0 436.0 492.8 502.3 502.3 Key ratios Yield, cost and margin: slide 44 9 1. Annualised on the basis of ‘number of months’ 2. Impact of interest on tax refund was negligible in Q2-2027 (3 bps in FY2026, 8 bps in Q1-2027 and negligible in Q2-2026)
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Standalone segment-wise PBT Profit before tax (₹ billion) FY2026 Q2-2026 H1-2026 Q1-2027 Q2-2027 H1-2027 Retail 232.44 63.18 110.53 62.39 77.17 139.56 Wholesale 244.89 57.60 111.47 74.79 79.11 153.90 Treasury 172.30 41.42 104.03 48.22 40.15 88.38 Others 12.56 1.64 7.12 5.86 0.81 6.66 Total 662.19 163.84 333.15 191.26 197.24 388.50 10
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Balance sheet growth 11
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Outstanding deposits (₹ billion) Sep 30, 2025 Jun 30, 2026 Sep 30, 2026 Y-o-Y growth Q-o-Q growth % share at Sep 30, 2026 CASA 6,588.71 7,242.56 7,408.51 12.4% 2.3% 36.1% - Current 2,067.47 2,478.86 2,652.47 28.3% 7.0% 12.9% - Savings 4,521.24 4,763.70 4,756.04 5.2% (0.2%) 23.2% Term 9,539.54 11,093.30 13,090.23 37.2% 18.0% 63.9% Total deposits 16,128.25 18,335.86 20,498.74 27.1% 11.8% 100.0% Balance sheet-liabilities: slide 48-49 Consolidated balance sheet: slide 50 Extensive franchise: slide 51 • Excluding FCNR (B) deposits, period end total deposits grew by 17.0% y-o-y and 3.1% q-o-q at Sep 30, 2026 12
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Average deposits (₹ billion) Q2-2026 Q1-2027 Q2-2027 Y-o-Y growth Q-o-Q growth CASA 6,101.04 6,657.75 6,752.48 10.7% 1.4% Term 9,473.45 10,822.53 12,129.71 28.0% 12.1% Total deposits 15,574.49 17,480.28 18,882.19 21.2% 8.0% Average CASA ratio 39.2% 38.1% 35.8% 13
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1. Proportions are gross of BRDS/IBPC Loan portfolio • Excluding loans provided by international branches of the Bank against FCNR (B) deposits, total loans grew by 24.1% y-o-y and 7.3% q-o-q • Including non-fund based outstanding, the share of retail and rural portfolio was 43.0% of the total portfolio at Sep 30, 2026 • Of the total domestic loan book, about 57% has interest rate linked to repo rate and other external benchmarks, 29% has fixed interest rate and 14% has interest rate linked to MCLR and other older benchmarks Balance sheet-assets: slides 52-53 Portfolio composition: slide 54 14 (₹ billion) Sep 30, 2025 Jun 30, 2026 Sep 30, 2026 Y-o-Y growth Q-o-Q growth % share at Sep 30, 20261 Retail and rural banking 8,240.22 9,165.12 9,456.87 14.8% 3.2% 51.6% Business banking 2,909.21 3,501.55 3,891.68 33.8% 11.1% 21.2% Domestic corporate 2,715.68 3,213.16 3,547.71 30.6% 10.4% 19.4% Total domestic book (gross of BRDS/IBPC) 13,865.10 15,879.84 16,896.26 21.9% 6.4% 92.2% BRDS/IBPC (112.50) (69.99) (10.00) (91.1%) (85.7%) - Total domestic book (net of BRDS/IBPC) 13,752.60 15,809.85 16,886.26 22.8% 6.8% 92.2% Overseas book 331.96 502.75 1,429.54 - - 7.8% Total advances 14,084.56 16,312.60 18,315.80 30.0% 12.3% 100.0% Trend of loan portfolio: slide 64
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Retail and rural portfolio 15 (₹ billion) Sep 30, 2025 Jun 30, 2026 Sep 30, 2026 Y-o-Y growth Q-o-Q growth % share at Sep 30, 2026 Mortgages 4,606.14 5,133.47 5,310.88 15.3% 3.5% 56.2% Vehicle loans 962.66 1,022.74 1,037.39 7.8% 1.4% 11.0% - Auto finance 615.55 637.69 645.07 4.8% 1.2% 6.8% - Commercial vehicle and equipment 341.96 383.57 391.43 14.5% 2.0% 4.1% Personal loans 1,216.55 1,355.20 1,419.05 16.6% 4.7% 15.0% Credit cards 588.00 532.06 530.91 (9.7)% (0.2)% 5.6% Jewel loans 311.03 534.01 557.94 79.4% 4.5% 5.9% Farmer finance 311.88 317.99 323.33 3.7% 1.7% 3.4% Others 243.95 269.65 277.37 13.7% 2.9% 2.9% Total Retail and Rural 8,240.22 9,165.12 9,456.87 14.8% 3.2% 100.0% Trend of retail and rural portfolio: slide 65
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Asset quality trends 16
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NPA trends (₹ billion) Sep 30, 2025 Jun 30, 2026 Sep 30, 2026 Gross NPAs1 238.50 238.47 233.35 Less: cumulative provisions 180.23 179.39 176.29 Net NPAs1 58.27 59.08 57.06 Gross NPA ratio1 1.58% 1.38% 1.20% Net NPA ratio1 0.39% 0.35% 0.30% Provision coverage ratio 75.0% 74.7% 75.0% 171. Based on customer assets Retail and rural NPAs: slide 55
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NPA movement1 18 1. Based on customer assets 2. Includes additions of ₹ 7.06 bn from kisan credit card portfolio ₹ billion FY2026 Q2-2026 Q1-2027 Q2-2027 Opening gross NPA 241.66 247.33 230.52 238.47 Add: gross additions (1) 191.47 50.34 55.52 48.33 - Retail and rural 155.16 40.49 43.312 37.09 - Corporate and business banking 36.31 9.85 12.21 11.24 Less: recoveries, upgrades and others (2) 114.92 36.48 28.45 36.20 - Retail and rural 87.66 26.10 22.10 26.04 - Corporate and business banking 27.26 10.38 6.35 10.16 Net additions (1)-(2) 76.55 13.86 27.07 12.13 Less: write-offs 84.24 22.63 16.73 15.92 : sale of NPAs 3.45 0.06 2.39 1.33 Closing gross NPAs 230.52 238.50 238.47 233.35
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19 1. Includes standard borrowers under resolution as per various RBI frameworks 2. Fund-based and non-fund based outstanding. Excludes banks, investments and fund and non-fund based outstanding to NPAs 3. Upgrade of certain borrowers having non-fund outstanding from non-performing to performing status (₹ billion) Sep 30, 2025 Jun 30, 2026 Sep 30, 2026 1 Resolution under RBI frameworks: Total fund based o/s1 16.24 13.63 11.85 2 Corporate: BB and below outstanding2 - Borrowers with o/s greater than ₹ 1.00 bn 31.64 30.90 31.66 - Borrowers with o/s less than ₹ 1.00 bn 4.97 3.95 3.81 Total 36.613 34.85 35.47 3 Non-fund o/s to NPAs 23.22 3 22.07 22.51 Other portfolios
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Standard assets and other provisions1,2 20 (₹ billion) Sep 30, 2025 Jun 30, 2026 Sep 30, 2026 Total provisions 226.20 229.63 3 238.15 3 -- of which contingency provisions 131.00 131.00 131.00 Total as a % of net advances 1.6% 1.4% 1.3% 1. Excludes specific provisions on fund-based outstanding to borrowers classified as non-performing 2. Includes general provision on standard assets, contingency provisions, provisions held for non fund based outstanding to borrowers classified as non-performing, fund and non-fund based outstanding to standard borrowers under resolution, performing BB and below corporate portfolio 3. Excludes additional standard asset provision of ₹ 12.83 billion made in Q3-2026 pursuant to RBI’s annual supervisory review
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Loan portfolio information 21
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Diversified and granular loan book 22 1. Proportions are gross of BRDS/IBPC 2. This portfolio comprises borrowers with turnover of upto ₹ 7.50 bn 3. Including non-fund based outstanding, the share of retail and rural portfolio was 43.0% of the total portfolio at Sep 30, 2026 51.6% of total loans are retail and rural3 Breakup of loan portfolio1 at Sep 30, 2026 2
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Mortgage, personal loan and credit card portfolio 23 Mortgage Personal loans and credit cards ~ 70% Portfolio to existing customers ~ 85% Portfolio of salaried individuals ~90% Mortgage customers have existing relationship with the Bank ~ ₹ 4.2 mn Average ticket size of home loan ~60% Average loan-to- value ratio of home loan ~40% Average loan-to-value ratio of loan against property Mortgage portfolio includes home loans ~63%, top-up loans given to existing home loan customers ~7%, non- residential loans ~7% and loan against property ~18% iLens, an integrated, end-to-end, retail lending solution, covering all facets of loan lifecycle from sourcing till disbursement. Single interface for employees, third-party agencies and sourcing channels Growth in retail credit card spends driven by ▪ Collaboration with leading brands ▪ Extending convenient and rewarding payment option through UPI on credit card ▪ Increasing EMI campaigns to drive affordability
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Business banking portfolio 24 ~65% of the portfolio by value having ticket size < ₹ 10 crore Focus on parameterised and programme based lending , granularity, collateral and robust monitoring; well diversified portfolio across sectors and geographies Growth driven by leveraging branch network and digital platforms such as, InstaBIZ, Merchant STACK and Trade Online, end to end digital onboarding platform DigiEase, and efforts towards process decongestion such as e-signing of disbursement documents through EazySign Primary collateral in the business banking portfolio in the form of charge on current assets and backed by immovable property
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Rating-wise loan book for corporate portfolio 25 Rating category1 Mar 31, 2022 Mar 31, 2023 Mar 31, 2024 Mar 31, 2025 Mar 31, 2026 Jun 30, 2026 Sep 30, 2026 AA- and above 46.4% 45.0% 38.3% 35.9% 26.5% 26.9% 27.1% A+, A, A- 31.0% 35.6% 40.2% 38.9% 45.4% 45.0% 46.1% A- and above 77.4% 80.6% 78.5% 74.8% 71.9% 71.9% 73.2% BBB+,BBB, BBB- 19.1% 17.9% 20.0% 24.1% 27.2% 27.2% 26.1% BB and below 2.6% 1.0% 1.0% 0.7% 0.5% 0.4% 0.4% Non-performing loans 0.6% 0.3% 0.1% 0.1% 0.0% 0.0% 0.0% Unrated 0.3% 0.2% 0.4% 0.3% 0.4% 0.5% 0.4% Total 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 1. Based on internal ratings
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Exposure to power sector (₹ billion) Sep 30, 2025 Jun 30, 2026 Sep 30, 2026 % share at Sep 30, 2026 Borrowers classified as NPA or part of BB and below portfolio1 8.42 6.19 7.27 1.0% Other borrowers 508.38 636.84 685.61 99.0% Total 516.80 643.03 692.88 100.0% • Of the other borrowers aggregating ₹ 685.61 billion, excluding exposure to State Electricity Boards, about 88% was rated A- and above Sector-wise exposures: slide 56 261. Including loans restructured or under RBI resolution scheme
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NBFCs, HFCs and builder portfolio Outstanding (₹ billion) Sep 30, 2025 Jun 30, 2026 Sep 30, 2026 NBFCs/HFCs1 794.33 920.52 1,033.78 Builder portfolio (construction finance, lease rental discounting, term loans and working capital)1 635.83 747.21 788.52 271. Includes loans, investment and non-fund based outstanding • Proportion of the NBFCs/HFCs portfolio internally rated BB and below or non-performing at Sep 30, 2026 was < 0.5% • 0.5% of the builder portfolio at Sep 30, 2026 was either internally rated BB and below or classified as non-performing
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Overseas branches - Wholesale portfolio 28 Total outstanding1 at Sep 30, 2026: USD 5.25 billion 1. Corporate fund and non-fund outstanding of overseas branches, net of cash/bank/insurance backed lending
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Concentration risk ratios • All top 20 borrowers as of Sep 30, 2026 are rated A- and above internally Advances Mar 31, 2022 Mar 31, 2023 Mar 31, 2024 Mar 31, 2025 Mar 31, 2026 Jun 30, 2026 Sep 30, 2026 Exposure to top 20 borrowers1 as a % of total exposure 9.6% 8.5% 8.3% 7.5% 6.4% 6.5% 6.3% Exposure to top 10 groups as a % of total exposure 10.3% 10.1% 10.0% 9.6% 10.3% 10.1% 10.6% 29 1. Excludes banks Deposits Mar 31, 2022 Mar 31, 2023 Mar 31, 2024 Mar 31, 2025 Mar 31, 2026 Jun 30, 2026 Sep 30, 2026 Exposure to top 20 depositors1 as a % of total deposits 5.3% 3.5% 3.4% 4.2% 3.6% 3.6% 3.7%
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Technology: Leveraging AI 30
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AI adoption for long-term value creation Scalable platform for AI delivery • Enterprise-wide adoption • Partnership with leading AI service providers • Build platform capabilities • Seamless integration across systems Responsible AI governance • Guardrails for AI adoption • Human-in-the-loop oversight • Controlled experimentation and scalable deployment • Effective model governance and continuous monitoring Internal AI capabilities • In-house development • Build internal capabilities • Design processes and accelerate adoption across functions • Focused upskilling initiatives across teams Strategic enabler • Prioritise high-value use cases • Enhance customer experience and drive efficiency • Reallocate capacity to maximise value creation • Leveraging data insights for deepening relationship Continue to invest and leverage AI to gain data insights, enhance efficiency, improve turnaround time and deliver seamless banking experiences 31
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ICICI Bank : AI across the enterprise (1/2) Customer service and engagement • In-house GenAI tool to deliver faster and personalised experiences • Customer calls, emails and chats are analysed to generate insights, identify contextual pitches and recommend personalised offers • Bots to process inbound customer communication Fraud prevention • Strengthen onboarding checks, customer authentication and incident detection capabilities • Image and facial match tools are being used in onboarding journeys • Facial recognition is being screened against negative database preventing potential frauds Decongesting processes • Document intelligence tools trained to read multiple document types and extract relevant data points • Autonomous bots have been deployed to automate repetitive and human- intensive workflows • Physical pages/images processed and validated, enhancing accuracy, efficiency and reducing turnaround time 32
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ICICI Bank : AI across the enterprise (2/2) Monitoring and assessment • AI reasoning tools are used to analyse various financial documents such as GST reports, transaction statements into contextual and precise summaries being used by credit team • Portfolio monitoring summary generated using AI models across various financial metrics Employee productivity and knowledge retrieval • Enabling enterprise banking knowledge instantly accessible through AI-powered search and contextual retrieval • Customer emails reviewed and response generated, saving reply creation time • Support decision making across functions Strengthening technology and cybersecurity • Accelerating technology delivery with AI assisted coding, testing, modernization and engineering productivity • AI tool developed for scanning security gaps during code development thereby enabling early identification and remediation of vulnerability 33
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Capital 34
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Standalone capital adequacy Sep 30, 20251,2 Jun 30, 20261,2 Sep 30, 20261,2 (₹ billion) % (₹ billion) % (₹ billion) % Total capital 2,903.86 17.00% 3,281.48 16.84% 3,398.72 16.68% - Tier I 2,792.69 16.35% 3,154.12 16.19% 3,262.33 16.01% - of which: CET1 2,792.69 16.35% 3,154.12 16.19% 3,262.33 16.01% - Tier II 111.17 0.65% 127.36 0.65% 136.39 0.67% Risk weighted assets 17,084.47 19,487.59 20,375.68 - On balance sheet 15,194.33 17,297.93 17,987.17 - Off balance sheet 1,890.14 2,189.66 2,388.51 1. Including profits for the period 2. After reckoning the impact of proposed/ assumed dividend Consolidated capital adequacy: slide 57 35
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Group companies 36
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Profit after tax of key subsidiaries 1. As per Ind AS 2. Represents total comprehensive income 3. Includes impact of increase in claim reserves pursuant to recent judicial pronouncements Details on key subsidiaries: slides 58-63 37 Profit after tax (₹ billion) FY2026 Q2- 2026 H1- 2026 Q1- 2027 Q2- 2027 H1- 2027 ICICI Life Insurance 16.00 2.99 6.01 3.86 3.74 7.60 ICICI Lombard General Insurance 27.72 8.20 15.67 4.03 3 9.46 13.50 ICICI Prudential Asset Management1 33.13 8.38 16.22 9.65 8.89 18.54 ICICI Securities (Consolidated)1 17.13 4.25 8.16 4.19 4.39 8.58 ICICI Securities Primary Dealership1,2 4.47 (0.32) 4.12 0.98 0.06 1.04 ICICI Home Finance1 8.61 2.03 4.17 2.00 2.20 4.20 ICICI Venture 1.48 1.31 1.30 0.86 0.11 0.97 ICICI Bank UK (USD million) 25.3 6.4 12.3 7.2 6.5 13.8 ICICI Bank Canada (CAD million) 24.0 6.3 14.1 5.4 5.0 10.4
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Key subsidiaries (1/2) ICICI Life Insurance • Annualised Premium Equivalent increased to ₹ 49.35 billion in H1-2027 from ₹ 42.86 billion in H1-2026 • Value of New Business increased to ₹ 12.83 billion in H1-2027 from ₹ 10.49 billion in H1-2026 • New business sum assured grew by 30.1% y-o-y in H1-2027 ICICI Lombard General Insurance • Gross direct premium income (GDPI) increased to ₹ 67.92 billion in Q2-2027 from ₹ 65.96 billion in Q2-2026 38
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Key subsidiaries (2/2) ICICI Prudential Asset Management • Market leader in Equity schemes AUM and Equity Hybrid schemes AUM with market share of 13.7% and 26.4% respectively at September 30, 2026 • Total MF QAAUM1 grew by 14.4% y-o-y to ₹ 11,608.19 billion at September 30, 2026 ICICI Securities • Total assets2 grew by 7.5% y-o-y to ₹ 9.03 trillion in Q2-2027 • Market share in MTF3 of about 16.1% at September 30, 2026 39 1. Mutual Fund Quarterly Average assets under management; source: Association of Mutual Funds in India (AMFI) 2. Including equity demat assets maintained with ICICI Bank and excluding promoter holding as on Sep 30, 2026 3. Margin trading facility
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Environmental, Social and Governance (ESG) initiatives 40
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ESG @ ICICI Bank 41 Environment Social Governance Promoting sustainable environmental practices • Remain focused on managing Scope 1 & 2 emissions as part of carbon neutrality roadmap; partly supported by adoption of lower-emission technologies and products • Scaling up measures on circularity in water across several large premises of the Bank • Increased CSR initiatives under the Environment theme Striving to create value for all stakeholders • Positively benefitted more than 19.8 million individuals through CSR initiatives till date • Integrating ESG metrics into CSR initiatives to strengthen the alignment with UN SDGs • ESG and CSR embedded in induction program; ongoing awareness through emailers and capacity building through e-module and external workshops Being responsible and transparent in business • Strengthened Board oversight through ESG & CSR Committee and Risk Committee • Improved ESG ratings by domestic ESG Rating Providers basis enhanced disclosures in fiscal 2026 • Enhancing capability of digital tool for measuring, monitoring and ESG-related reporting Bank’s efforts contribute to the UN Sustainable Development Goals
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Thank you
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Additional financial information 43
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Yield, cost and margin 1. Annualised on the basis of ‘number of months’ 2. Impact of interest on tax refund was negligible in Q2-2027 (3 bps in FY2026, 8 bps in Q1-2027 and negligible in Q2-2026) 44 slide 9 Movement in yield, costs & margins (Percent)1 FY2026 Q2-2026 H1-2026 Q1-2027 Q2-2027 H1-2027 Yield on total interest-earning assets 8.33 8.34 8.47 8.17 8.09 8.13 - Yield on advances 9.19 9.29 9.41 8.86 8.82 8.83 Cost of funds 4.75 4.78 4.90 4.51 4.59 4.55 - Cost of deposits 4.62 4.64 4.75 4.41 4.50 4.45 Net interest margin2 4.32 4.302 4.32 4.36 4.18 4.27 - Domestic 4.39 4.37 4.39 4.45 4.32 4.38 - Overseas 0.96 0.98 0.96 1.01 1.07 1.05
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Consolidated profit & loss statement (1/2) 45 (₹ billion) FY2026 Q2- 2026 H1- 2026 Q1- 2027 Q2- 2027 H1- 2027 Q2-o-Q2 growth Net interest income 1,061.90 261.63 521.53 291.77 303.36 595.13 15.9% Non-interest income 1,169.00 279.66 534.62 274.48 321.69 596.17 15.0% - Fee income 345.95 86.60 166.54 96.35 103.28 199.63 19.3% - Premium income 776.24 184.33 331.69 167.80 213.93 381.73 16.1% - Other income 46.81 8.73 36.39 10.33 4.49 14.81 (48.6)% Total income 2,230.90 541.29 1,056.15 566.25 625.05 1,191.30 15.5% Operating expenses 1,403.94 341.55 643.24 340.21 384.95 725.16 12.7% Operating profit 826.96 199.74 412.91 226.04 240.10 466.14 20.2%
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Consolidated profit & loss statement (2/2) 46 (₹ billion) FY2026 Q2- 2026 H1- 2026 Q1- 2027 Q2- 2027 H1- 2027 Q2-o-Q2 growth Operating profit 826.96 199.74 412.91 226.04 240.10 466.14 20.2% Provisions 56.39 9.10 27.32 12.97 8.95 21.92 (1.7)% Profit before tax 770.57 190.64 385.59 213.07 231.15 444.22 21.3% Tax 193.83 48.07 99.08 50.97 58.03 109.00 20.7% Share in profit of associates 2.63 0.61 1.24 0.66 0.77 1.43 26.2% Minority interest 37.29 9.61 18.60 8.36 10.56 18.92 9.9% Profit after tax 542.08 133.57 269.15 154.40 163.33 317.73 22.3%
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Key ratios (consolidated) 47 slide 9 Percent FY2026 Q2- 2026 H1- 2026 Q1- 2027 Q2- 2027 H1- 2027 Return on equity 16.0 16.1 16.5 16.6 16.9 16.8 Weighted average EPS (₹) 75.9 74.8 75.5 86.2 91.0 88.6 Book value (₹) 492 458 458 516 528 528
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Balance sheet: liabilities (₹ billion) Sep 30, 2025 Jun 30, 2026 Sep 30, 2026 Net worth 3,114.42 3,534.91 3,605.94 - Equity capital 14.29 14.35 14.36 - Reserves 3,100.13 3,520.56 3,591.58 Deposits 16,128.25 18,335.86 20,498.74 - Current 2,067.47 2,478.86 2,652.47 - Savings 4,521.24 4,763.70 4,756.04 - Term 9,539.54 11,093.30 13,090.23 Borrowings 1,118.18 1,262.92 2,045.53 Other liabilities 1,001.86 1,190.57 1,102.66 Total liabilities 21,362.71 24,324.26 27,252.87 • Credit/deposit ratio of 84.0% on the domestic balance sheet at Sep 30, 2026 (Jun 30, 2026: 87.5%; Sep 30, 2025: 86.3%) 48
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Composition of borrowings (₹ billion) Sep 30, 2025 Jun 30, 2026 Sep 30, 2026 Domestic 888.11 963.82 936.49 - Capital instruments 15.00 53.72 52.27 - Other borrowings 873.11 910.10 884.22 - Long term infrastructure bonds 417.69 352.69 352.69 - Refinance 350.05 474.39 447.10 Overseas borrowings 230.07 299.10 1,109.04 Total borrowings 1,118.18 1,262.92 2,045.53 49 slide 12
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Consolidated balance sheet (₹ billion) Sep 30, 2025 Jun 30, 2026 Sep 30, 2026 Cash & bank balances 1,675.68 1,964.93 2,752.62 Investments 8,997.98 9,393.00 9,487.28 Advances 14,921.61 17,293.28 19,353.85 Fixed & other assets 1,269.58 1,372.86 1,335.78 Total assets 26,864.85 30,024.07 32,929.53 Net worth 3,355.53 3,805.30 3,905.24 Minority interest 162.38 175.33 196.81 Deposits 16,458.65 18,703.63 20,915.39 Borrowings 2,152.40 2,263.18 2,955.61 Liabilities on policies in force 3,049.90 3,146.92 3,096.34 Other liabilities 1,685.99 1,929.71 1,860.14 Total liabilities 26,864.85 30,024.07 32,929.53 50slide 12
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Branch and ATM network Branches Mar 31, 2022 Mar 31, 2023 Mar 31, 2024 Mar 31, 2025 Mar 31, 2026 Jun 30, 2026 Sep 30, 2026 % share at Sep 30, 2026 Metro 1,567 1,709 1,907 2,079 2,356 2,394 2,422 31.6% Urban 1,074 1,160 1,310 1,422 1,507 1,515 1,520 19.9% Semi urban 1,599 1,712 1,838 1,905 1,956 1,968 1,973 25.8% Rural 1,178 1,319 1,468 1,577 1,692 1,731 1,741 22.7% Total branches 5,418 5,900 6,523 6,983 7,511 7,608 7,656 100.0% Total ATMs and CRMs1 16,609 16,650 17,190 16,285 12,087 12,190 12,143 51 slide 12 1. Cash Recycling Machines
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Balance sheet: assets (₹ billion) Sep 30, 2025 Jun 30, 2026 Sep 30, 2026 Cash & bank balances 1,366.81 1,630.47 2,443.88 Investments 4,995.92 5,385.34 5,574.94 - SLR investments 3,984.72 4,255.10 4,405.95 - Equity investment in subsidiaries 191.72 220.29 235.00 Advances 14,084.56 16,312.60 18,315.80 Fixed & other assets 915.42 995.85 918.25 -RIDF1 and related 122.74 97.02 91.67 Total assets 21,362.71 24,324.26 27,252.87 52 1. Rural Infrastructure Development Fund
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Equity investment in subsidiaries 53 (₹ billion) Sep 30, 2025 Jun 30, 2026 Sep 30, 2026 ICICI Life Insurance 32.75 32.75 47.45 1 ICICI Lombard General Insurance 46.50 46.50 46.50 ICICI Bank Canada 9.96 9.96 9.96 ICICI Bank UK 9.70 9.71 9.71 ICICI Home Finance 18.62 23.62 23.62 ICICI Securities Limited 71.33 71.45 71.46 ICICI Securities Primary Dealership 1.58 1.58 1.58 ICICI Prudential AMC 0.61 22.01 22.01 ICICI Venture Funds Management 0.05 0.05 0.05 I-Process Services 0.13 0.13 0.13 ICICI Pension Funds Management - 2.04 2.04 Others 0.49 0.49 0.49 Total 191.72 220.29 235.00 slide 14 1. The Bank purchased 2% additional shareholding in ICICI Life insurance Limited for consideration of Rs. 14.70 billion
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Portfolio composition Sep 30, 2025 Jun 30, 2026 Sep 30, 2026 Domestic 95.4% 94.5% 90.3% International 4.6% 5.5% 9.7% Total consolidated advances (₹ billion) 14,922 17,293 19,354 54 slide 14
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Retail and rural NPAs 55 slide 17 ₹ in billion Sep 30, 2025 Jun 30, 2026 Sep 30, 2026 Gross retail and rural NPAs 128.17 123.14 119.45 - as a % of gross advances 1.54% 1.33% 1.25% Net retail and rural NPAs 41.66 38.27 36.32 - as a % of net advances 0.51% 0.42% 0.38%
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Sector-wise exposures Top 10 sectors1,2: % of total exposure of the Bank Mar 31, 2023 Mar 31, 2024 Mar 31, 2025 Mar 31, 2026 Jun 30, 2026 Sep 30, 2026 Retail finance 42.0% 43.4% 41.4% 39.9% 39.0% 37.6% Services – finance 9.4% 8.6% 8.2% 7.2% 7.7% 7.1% Wholesale/retail trade 5.1% 5.8% 6.5% 7.0% 6.9% 6.9% Banks 6.0% 4.5% 4.9% 4.8% 4.6% 6.1% Services - non finance 3.4% 3.7% 4.4% 4.8% 4.8% 4.9% Electronics & engineering 4.0% 4.0% 4.4% 3.9% 3.9% 4.1% Construction 2.4% 2.4% 2.7% 3.3% 3.2% 3.2% Crude petroleum/refining & petrochemicals 3.8% 3.5% 2.8% 3.1% 2.9% 3.2% Road, port, telecom, urban development & other infra 3.0% 3.0% 3.2% 2.9% 2.9% 3.0% of which: Telecom 1.4% 1.3% 1.1% 0.7% 0.7% 0.7% Real estate 2.4% 2.5% 2.6% 2.9% 2.9% 2.8% Total (₹ billion) 20,245 23,840 27,005 31,235 32,913 35,286 1. Top 10 based on position at Sep 30, 2026 2. Previous period numbers have been re-classified 56 slide 26
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Consolidated capital adequacy Basel III (%) Sep 30, 20251,2 Jun 30, 20261,2 Sep 30, 20261,2 Total capital 16.75% 16.75% 16.62% - Tier I 16.12% 16.11% 15.97% - of which: CET 1 16.12% 16.11% 15.97% - Tier II 0.63% 0.64% 0.65% 1. Including profits for the period 2. After reckoning the impact of proposed/ assumed dividend 57 slide 35
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Insurance entities ICICI Life (₹ billion) FY2026 Q2-2026 Q1-2027 Q2-2027 Annualised premium equivalent 106.41 24.21 21.36 27.99 - Of which: protection 19.06 4.19 5.96 5.60 Assets under management 3,136.34 3,214.94 3,338.18 3,289.64 Cost1/Total premium 18.2% 17.7% 21.8% 18.7% 1. Total cost including commission and excluding interest on sub-debt 2. Annualised for all interim periods 3. Excluding the impact of CAT losses of ₹ 1.18 billion in Q2-2027 and ₹ 0.73 billion in Q2-2026, the combined ratio was 105.3% and 103.8% respectively 4. Includes impact of increase in claim reserves pursuant to recent judicial pronouncements ICICI General (₹ billion) FY2026 Q2-2026 Q1-2027 Q2-2027 Gross written premium 306.18 70.59 88.60 77.02 Combined ratio 103.4% 105.1%3 107.2%4 107.0%3 Return on average equity2 17.8% 21.4% 9.6%4 21.7% 58
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ICICI Bank UK (USD million) FY2026 Q2-2026 H1-2026 Q1-2027 Q2-2027 H1-2027 Net interest income 67.2 17.0 34.0 16.9 17.1 34.0 Operating profit 31.6 6.7 14.9 9.9 8.9 18.7 Loans and advances 1,483.7 1,190.4 1,190.4 1,664.6 1,827.6 1,827.6 Deposits 2,248.3 1,881.6 1,881.6 2,232.3 2,561.2 2,561.2 - Retail term deposits 578.8 486.8 486.8 672.2 944.6 944.6 Capital adequacy ratio 19.7% 22.4% 22.4% 18.9% 18.1% 18.1% - Tier I 17.1% 19.4% 19.4% 16.4% 15.7% 15.7% Net impaired loans 2.3 - 1 - 1 2.3 2.2 2.2 59 1. Represents insignificant number
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ICICI Bank UK1 Asset profile Liability profile Total liabilities: USD 3.17 bnTotal assets: USD 3.17 bn 60 1. At Sep 30, 2026 2. Includes cash & cash equivalents and T Bills 2
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ICICI Bank Canada (CAD million) FY2026 Q2-2026 H1-2026 Q1-2027 Q2-2027 H1-2027 Net interest income 78.8 20.5 42.8 16.8 17.0 33.8 Operating profit 36.3 8.6 20.0 8.0 7.7 15.7 Loans and advances 4,173.8 3,910.5 3,910.5 4,235.9 4,255.6 4,255.6 - Residential mortgages 2,438.4 2,317.4 2,317.4 2,359.6 2,311.6 2,311.6 Deposits 2,639.1 2,806.0 2,806.0 2,756.3 2,951.6 2,951.6 Capital adequacy ratio 18.6% 20.1% 20.1% 18.4% 18.2% 18.2% - Tier I 18.3% 19.8% 19.8% 18.1% 18.0% 18.0% Net impaired loans 30.8 26.6 26.6 31.0 29.8 29.8 61
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ICICI Bank Canada1 Liability profileAsset profile Total liabilities: CAD 5.04 bnTotal assets: CAD 5.04 bn 62 1. At Sep 30, 2026 2. Includes government securities and cash & placements with banks 3. Insured mortgages include CAD 1,341.4 million of securitised mortgages at Sep 30, 2026 (Jun 30, 2026 : CAD 1,396.6 million ) 4. As per IFRS, proceeds of CAD 1,329.1 million at Sep 30, 2026 (Jun 30, 2026: CAD 1,385.1 million) on securitisation of residential mortgages are considered a part of borrowings 3 2 4
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ICICI Home Finance1 (₹ billion) Sep 30, 2025 Jun 30, 2026 Sep 30, 2026 Loans and advances 296.35 335.28 351.57 Gross impaired loans (stage 3) 4.82 4.27 4.24 Net impaired loans (stage 3) 3.22 2.81 2.77 Capital adequacy ratio 19.6% 20.0% 19.4% 1. As per Ind AS 63 slide 37
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Trend of loan portfolio 64 (₹ billion) Mar 31, 2025 Sep 30, 2025 Mar 31, 2026 Jun 30, 2026 Sep 30, 2026 Retail and rural 8,014.49 8,240.22 8,901.77 9,165.12 9,456.87 Business banking 2,633.67 2,909.21 3,276.65 3,501.56 3,891.68 Domestic corporate 2,737.66 2,715.68 2,988.96 3,213.16 3,547.71 Total domestic book (gross of BRDS/IBPC) 13,385.81 13,865.10 15,167.38 15,879.84 16,896.26 1. Bill rediscounting scheme/Interbank participatory certificate slide 14
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Trend of retail and rural portfolio 65 slide 15 (₹ billion) Mar 31, 2025 Sep 30, 2025 Mar 31, 2026 Jun 30, 2026 Sep 30, 2026 Mortgages 4,395.85 4,606.13 4,975.45 5,133.47 5,310.88 Vehicle loans 965.02 962.66 1,007.54 1,022.74 1,037.39 - Auto finance 619.44 615.55 629.86 637.69 645.07 - Commercial vehicle and equipment 335.92 341.96 375.36 383.57 391.43 Personal loans 1,215.95 1,216.56 1,302.47 1,355.20 1,419.05 Credit cards 573.41 588.00 541.33 532.06 530.91 Jewel loans 313.79 311.03 482.05 534.01 557.94 Farmer finance 301.71 311.88 325.51 317.99 323.33 Others 248.77 243.95 267.42 269.65 277.37 Total Retail and Rural 8,014.49 8,240.22 8,901.77 9,165.12 9,456.87