Interim report
Page 1
October 17, 2026 BSE Limited Listing Department Phiroze Jeejeebhoy Towers Dalal Street Mumbai 400 001 National Stock Exchange of India Limited Listing Department Exchange Plaza, 5 th Floor Plot No. C/1, G Block Bandra-Kurla Complex Bandra (East) Mumbai 400 051 Dear Sir/Madam, Sub: Outcome of Board Meeting held on October 17, 2026 In terms of the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, (“SEBI Listing Regulations”), we write to inform you that the Board of Directors of IC ICI Bank Limited (“the Bank”), at its meeting held today, inter alia, approved the following: 1. Unaudited financial results of the Bank (standalone and consolidated) for the quarter and six months ended September 30, 2026. We enclose herewith the following as Annexure I : o Unaudited financial results (standalone and consolidated) for the quarter and six months ended September 30, 2026; o Limited review reports on the unaudited financial results (standalone and consolidated) issued by M/s. B S R & Co. LLP, Chartered Accountants and M/s. C N K & Associates LLP, Chartered Accountants, the joint statutory auditors of the Bank; and o News Release on the unaudited financial results for the quarter and six months ended September 30, 2026. 2. Filing of an application with Reserve Bank of India (RBI) seeking its approval for the continuation of Mr. Pradeep Kumar Sinha (DIN: 00145126) as a Non-executive Part-time Chairperson of the Bank for a further period from July 1, 2027 till February 16, 2029 which is within his tenure as Independent Director approved by the Board and shareholders. This information is being filed in continuation of the disclosures filed by the Bank on February 17, 2024 and May 24, 2024. The Board meeting commenced at 9:40 a.m. and concluded at 2:15 p.m. @ ICICI Bank Limited ICIC I Bonk Towers. Bondro - Kurlo Complex, Mumbai - 400 0 1 +91 -22 4008 8900 181 compony secrctory @icici.bonk.in CIN:L65190GJ1994PLC021012 • www.icici .bank .in ® Regd . Office: ICICI Bonk Tower. N or Chok ll Circle, Old Padro Rood, Vododoro. Gujarat 390 007
Page 2
Please take the above information on record. Yours sincerely, For ICICI Bank Limited Prachiti Lalingkar Company Secretary Encl.: as above. Copy to- (i) New York Stock Exchange (iii) Singapore Stock Exchange (ii) Japan Securities Dealers Associatio n (iv) SIX Swiss Exchange Limited @ ICICI Bank Limited ICIC I Bonk Towers. Bondro - Kurlo Complex, Mumbai - 400 0 1 +91 -22 4008 8900 181 compony secrctory @icici.bonk.in CIN:L65190GJ1994PLC021012 • www.icici .bank .in ® Regd . Office: ICICI Bonk Tower. N or Chok ll Circle, Old Padro Rood, Vododoro. Gujarat 390 007
Page 3
I- I ICICI Bank Limited CIN-L65190GJ1994PLC021012 Registered Office: ICICI Bonk Tower. Near Chokli Circle, Old Padro Road, Vadodaro - 390 007, Gujarat, Phone: 0265-6722239 Corpornte Office: ICICI Bonk Towers, Bandro-Kurlo Complex. Mumbai - 400 051, Maharashtra, Phone: 022-40088900 Website: www.icici.bank.in, Email: companysecretary@icici.bank.in Sr. No. 1. 2. 3, 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. Particulars Interest earned la)+(b)+(c)+(d) a) Interest/discount on advances/bills b) Income on investments c) Interest on balances with Reserve Bank of Indio and other inter-bank funds d) Others Other income TOTAL INCOME (1l+f2) Interest expended Operotinq expenses le)+(f) el Employee cost - f) Other operating expenses TOTAL EXPENDITURE EXCLUDING PROVISIONS AND CONTINGENCIES (4)+(5) OPERATING PROFIT BEFORE PROVISIONS AND CONTINGENCIES (3)-(6) Provisions (other than tax) and continqencies PROFIT FROM ORDINARY ACTIVIT IES BEFORE EXCEPTIONAL ITEMS AND TAX 17H8l Exceptional items PROFIT FROM ORDINARY ACT IVITIES BEFORE TAX (9)-(10) Tax expense !a)+(h) q) Current tax h) Deferred tax NET PROFIT FROM ORDINARY ACTIVITIES AFTER TAX llll-112\ Extraordinary items (net of tax expense) NET PROFIT FOR THE PERIOD (13)-(14) Paid-up equity share capital (face value� 2 each) Reserves excluding revaluation reserves STANDALONE FINANCIAL RESULTS Three months ended September June 30, September 30, 2026 2026 30, 2025 {Q2-2027l (Q1-2027l (Q2-2026) !Unaudited} !Unaudited) {Unaudited) 49,110.00 45,670.78 41,757.95 38,261.09 35,213.58 32,183.68 9,036.26 8,376.24 8,459.54 1,113.22 901.25 646.99 699.43 1,179.71 467.74 8,047.49 8,576.06 7,575.54 57,157.49 54,246.84 49,333.49 23,771.31 21,286.43 20,228.49 12,810.95 12,574.34 11,807.04 4,927.87 5,004.64 4,341.84 7,883.08 7,569.70 7,465.20 36,582.26 33,860.77 32,035.53 20,575.23 20,386.07 17,297.96 850.69 1,260.45 914.11 I 19,724.54 19,125.62 16,383.85 .. , .. .. 19,724.54 19,125.62 16,383.85 I 4,881.51 4,321.12 4,024.96 4,726.10 4,233.18 3,732.30 155.41 87.94 292.66 14,843.03 14,804.50 12,358.89 .. .. .. 14,843.03 14,804.50 12,358.89 1,435.96 1,434.94 1,428.95 I 1 !'t in crorel Six months ended Year ended September September March 31, 30, 2026 30, 2025 2026 (H1-2027l (H1-2026) (FY2026) (Unaudited) (Unaudited) (Audited} 94,780.78 84,704.86 169,946.09 73,474.67 64,726.60 130,605.55 17.412.50 17,172.38 33,592.73 2,014.47 1,414.39 2,862.93 1,879.14 1,391.49 2,884.88 16,623.55 16,080.44 30,757.59 111,404.33 100,785.30 200,703.68 45,057.74 41,540.94 81,870.86 25,385.29 23,200.56 47,233.95 9,932.51 9,084.92 17,974.89 15,452.78 14,115.64 29,259.06 70,443.03 64,741.50 129,104.81 40,961.30 36,043.80 71,598.87 2,111.14 2,728.68 5,380.42 38,850.16 33,315.12 66,218.45 .. .. .. 38,850.16 33,315.12 66,218.45 9,202.63 8,188.02 16,071.81 8,959.28 7,666.15 15,451.22 243.35 521.87 620.59 29,647.53 25,127.10 50,146.64 .. .. I .. I 29,647.53 25,127.10 50,146.64 1,435.96 1,428.95 1,432.23 329,372.57 Annexure I I I - - - . - I I I ~ - - I I I I ' I ~ I
Page 4
(' in crore) Three months ended Six months ended Year ended Sr. September June 30, September September September March 31, No. Particulars 30, 2026 2026 30,2025 30,2026 30,2025 2026 (Q2-2027) (Ql-2027) (Q2-2026) (Hl-2027 ) (Hl-2026) (FY2026) {Unaudited) (Unaudited) (Unau dited) {Unaudited) {Unaudited) {Audited) 18. Ana lytical rati os i) Percentag e of shares held by Government of India 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% ii) Capital adequacy ratio (Basel Ill) 16.68% 16.84% 15.76% 16.68% 15.76% 17.18% iii) Earnings per share (EPS) a) Basic EPS before and after extraordinary items, net of tax expense (not annual ised) (in ~l 20.68 20.65 17.31 41.34 35.22 70.21 b) Diluted EPS before and after extraordinary items, net of tax expense (not annua lised) (in ~l 20.45 20.42 17.06 40.86 34.69 69.20 19. NPA Ratio1 i) Gross non-performing I I customer assets (net of w rite-off) 23,335.24 23,846 .59 23,849.66 23,335.24 23,849 .66 23,051.93 ii) Net non-p erform ing customer assets 5,706.22 5,908.27 5,827.00 5,706.22 5,827 .00 5,459.46 iii) % of gross non-performing customer assets (net of write-off) to gross customer assets 1.20% 1.38% 1.58% 1.20% 1.58% 1.40% iv) o/o of net non-performi ng customer assets to net customer assets 0.30% 0.35% 0.39% 0.30% 0.39% 0.33% 20. Return on assets (annualised) 2.26% 2.49% 2.36% 2.37% 2.40% 2.33% 21. Net worth 2 349.436.6 1 343 ,010.80 30 1,627.90 349,4 36.61 301,627.90 326,79 4.68 22. Outstanding redeemable preference share s .. .. .. .. .. .. 23. Capita l redempt ion reserve 350.00 350.00 350.00 350.00 350.00 350.00 24. Debt-equity ratio 3 0.35 0.17 0.19 0.35 0. 19 0.19 25. Total debts to tota l assets• 7.51% 5.19% 5.23% 7.51% 5.23% 5.27% 1. Customer assets consists of advances and credit substi tute s. At September 30. 2026, the percentag e of gross non-performing advances (net of write-off ) to gross odvonces was 1.23% Uune 30, 2026 : 1.42%, March 31, 2026 : 1.44%, September 30, 2025 : 1.64%) and net non-perform ing advances to net advances was 0.31% Uune 30, 2026 : 0.36%, March 31. 2026 : 0.35%, Septembe r 30, 2025 : 0.41%). 2. Net worth is computed as per Reserv e Bank of India (Commerci al Banks - Asset liabi lity Mana gement ) Directions, 2025 . Net w orth also includes Avail able for Sole ('AFS') Reserve. 3. Debt represents borrow ings with residua l matur ity of more than one year. 4. Tota l debts represent total borrowings of the Bank . 2
Page 5
SUMMARISED STANDALONE BALANCE SHEET (If in crore) At Particulars September June 30, March 31, September 30,2026 2026 2026 30, 2025 (Unaudited) (Unaud ited) (Audited) (Unaudited) CAPITAL AND LIABILITIES Capitol 1,435.96 1,434 .94 1,432 .23 1,428.95 Employees stock options/unit s outstanding 2,862.86 2,712.72 2,682.07 2,317.13 Reserves and surplu s 356,294.65 349 ,343 .57 333,257 .12 307,696.39 Deposits 2,049 ,874. 18 1,833,585 .79 1,794,624.9 8 1,612,824.94 Borrowings (includes subordina ted debt) 204,552.66 126,291.55 124,99 4.11 111,818.38 Other liabil ities and provisions 110,266.23 119,057.47 115,540 .49 100 ,184.75 TOTAL CAPITAL AND LIABILITIES 2,725,286.54 2,432 ,426.04 2,372,531 .00 2,136,270.54 ASSETS Cash and balances with Reserve Bonk of Indio 100,119 .68 73,942.76 121,024 .05 79,471.64 Balances with banks and money at coll and short noti ce 144 ,268 .41 89, 104.37 109,311.11 57,208.6 4 Investments 557,494 .20 538,534 .25 492,217.33 499 ,591.99 Advances 1,831 ,579.85 1,631 ,259 .71 1,553 ,892 .95 1,408,456.43 Fixed assets 14,048.61 13,813. 06 13,922 .47 13,273.15 Other assets 77,775.79 85,771.89 82, 163.09 78,268.69 TOTAL ASSETS 2,725,286.54 2,432,426 .04 2,372 ,531.00 2,136,270.54 3
Page 6
STANDALONE CASH FLOW STATEMENTS (~ in crore) Period ended September March 31, I September Particulars 30, 2026 2026 30,2025 (H1·2027) (FY2026) (Hl-2026) {Unaudited} !Audited I (Unaudited) Cash flow from/fused in) operatinq activities Profit /(loss) before taxes 38,850.16 66,218.45 33,315. 12 Adjustments for: De reciotio n and amortisation - 1,319.34 2,540.78 _ __!_J05.27 - -- -Net (oooreciotion)/depreci otion on investments {865.40) 534 .97 (346.48) Specific provision for non-performing loons, restructur ed and standard loons 2,122.99 6,208.10 3,142. 17 General provisio n for standard asset s 1,354.79 768.13 181.70 Provision for contingencies & othe rs 122.21 (940.98) (84.51) Employees stock options/units exPense 535.49 943.11 501.02 Income from subsidiaries and associates (1,573.0 1) (3,458.4 1) (2,145.78) (Profit)/loss on sole of fixed assets and other assets (19.30) (289.92) (20.70) (i) 41,847.27 72,524.23 35,747.81 Adjustments for: (lncreose)/decreose in investments (8,833.36) 28,273.81 17,653 .05 (lncreose)/decreose in advances (279,860.64) (218,334.89) (69,832.44) lncreose/(decreose) in deposits 255,292.20 184,274.30 2,466.18 (lncreose)/decreose in othe r assets 4,827.52 (10,062.7~ (5,284.27) lncreosel(decreose) in other liabilities and provisions (7,647.74) 20,498.87 4,360.05 (ii) (36,222.02) 4,649.35 (50,637 .43) Refund/(poyment) of direct taxes (iiil (8,033 .42) (12,447.98) (4,277.25) Net cash flow from/fused in) operating activities (i)+(iil+(iii) (A) (2,408.17) 64,725.60 (19 ,166.87) Cash flow from/fused in) investing activities Redemption/sole from /(i nvestments in) subsidiaries /joint ventures/associates (includina application monev) {1,824.23) {2,567.92) 504.63 Income from subsidiaries and associ ates 1,573.01 3,458.41 2,145.78 Purchase of fixed assets (1,349.80) (2,732.26) (1,671.94) Proceeds from sole of fixed assets 24.77 27.56 19.92 (Purchose)/sale of held-to -matu rity securities (53,548.70) (14,513.65 ) (12,195.7 1) Net cash flow from/(used in) investing activities (B) (55,124.95) (16 ,327.86) (11,197 .32) Cash flow from/(used in) flnancinq activities Proceeds from issue of share capitol (includina ESOPs/ESUSs) 622.49 1,360.65 784.82 Proceeds from long-term borrowings 75,234.57 I 34,783.42 11,310.94 Repayment of long-term borrowings {14,766.38) (38,638.46) (18,775.28) Net proceeds/(repovment ) of short -term borro winas 18,992.91 5,774 .91 (4,300 .43) Dividend paid (8,610.72) (7,853.15) (7,853.15) Net cash flow from/fused in) financing activities {Cl 71,472 .87 (4,572.63) (18,833.10) Effect of exchange fluctuation on translation reserve !DI 113.18 948.05 315.57 Net increase/(decrease) in cash and cash equivalents (Al + (Bl + (Cl + (Dl 14,052.93 44,773 .16 (48,881.72) Cash and cash equivalents at beginning of the year I 230,335.16 185,562.00 185,562.00 Cash and cash equivalents at end of the period/year 244,388.09 230,335.16 136,680.28 1. Cash and cash equiva lents include cash in hand , foreign currency notes , rupee digital currency , bala nces with RBI, balanc es w ith other banks and money at coll and short notice. 4
Page 7
Notes on standalone financial results: 1. The above standalone financial results have been approved by the Board of Directo rs at its meeti ng held on October 17, 2026 . 2. The standalone financ ial results hove been prepared in accordan ce with the recognition and measurement princip les laid down in Accou nting Standa rd 25 "Interim Financia l Report ing" ('AS 25'). prescribed unde r Section 133 of the Companies Act, 2013, the relevant provisions of the Banki ng Regulation Act, 1949, the circulars, guidelines and direct ions issued by the Reserve Bank of India ("RBI") from time to time and other account ing princi ples generally accepted in Indio, and ore in compliance with the presentation and disclosure requirements of the Regulation 33 and Regulation 52 (4) read with Regulation 63 of the Securities and Exchange Board of India (Listing Obligations and Disclos ure Requirements) Regu lations, 2015 ("SEBI Regu latio ns") as amended including releva nt circulars issued by SEBI from time to time. 3. Details of resolution plans implemented under the Resolution Framework for Covid-19 related stress as per RBI circular dated May 5, 2021 (Resolut ion Framewo rk 2.0) at September 30, 2026 are given below: (~ in crore) Exposure to Of (A), Of (A) Exposure to accounts aggregate Of (A) amount accounts classified as debt that amount written paid by the classified as Type of Standa rd slipped into off during borrowers Standard borrower consequent to NPA during six months during six consequent to implementation six months ended months implementation of resolution plan ended September September 30, ended of resolution plan at March 31, 30, 2026 September 30, at September 30, 2026 (A) 5 2026 1 20262•5·a 2026 5 Personal Loans3 758.20 19.47 0.14 65.98 672.75 Corpora te oersons• 478.01 .. .. 470.92 7.09 Of which MSMEs .. .. .. . . .. Others 259.18 9.16 0.07 96.75 153.27 Total 1,495.39 28.63 0.21 633.65 833.11 l . Includes coses which hove been written off during the period. 2. Net of increase in exposure during the period. 3. Includes various categories of retail loons. 4. As defined in Section 3(7) of the Insolvency and Bankruptcy Code, 2016. 5. Represents borrower level credit exposure computed as per RBI guidelines on exposure norms. 6. Includes cases subsequently classified as standard. 4. Details of loons sold/acquire d by the Bank as per Reserve Bank of India (Comme rcial Banks-F inancial Statements: Present at ion and Disclosu res) Directions, 2025 dated November 28, 2025 are given below: a) Loans not in defau lt (i) Detai ls of loans not in default sold/acquired under assignment /participat ion du ring six months ended Septembe r 30, 2026: (" in crore) Particulars Loans acauired Loans sold Amoun t of loon 7,7 11.77 1,648.00 Weiqhte d averaoe residua l maturity (in years} 7.56 5.28 Weiohted averaoe holdino oeriod of the originator (in vears} 1 1.12 4.30 Retention of beneficia l economic interest bv the oriqinator 1,026.59 1,265.10 Tanqible securitv covera ae (times} 1.28 0.56 l. Reckoned based on current facility terms with the Borrowers. 2. In addition, the Bonk hos acquired facilities amounting to ~ 1,438.86 crore and has sold facilities amounting to ~ 1,409.49 crare during six months ended September 30, 2026 through novation. 3. In addition, the Bank has acquired loans amounting ta~ 1,267.08 crore through risk participat ion from secondary market. 4. The disclosure includes loans acquired through buyout and co-lending similar to direct assignment. 5
Page 8
(ii) Details of roting-wise distribution of the loons sold/acqu ired under assig nment during six months ended September 30, 2026 : Rating Loans acquired Ind A, AA, A+, AA+, A-, AA-, BBB 770.37 ICRA A, AA, A+, A-, AA- .. Care A. A+, AAA, A-, AA-, BBB, BBB- 839. 18 Crisil A, AA, A+, AA+, A-. AA-, BBB+ .. Moody Bl- 289.93 S&P BBB- 272.99 1. Excluding retail and other unrated loans. b) Stressed loans (NPA and Special Mention Account accounts) (i) Details of stressed loans classified as NPA sold by the Bank during six months ended September 30, 2026: Particulars ToARCs Numb er of accounts 127 Aaa reqate principal outstandinq of loans tronsferred 2 346.02 Weiqh ted averoqe residual tenor of the loans tronsferred 3 Net book value of loans transferred (at the time of transfer) ' 42.17 Aggregate consideration 284.70 Additional consideration realized in respect of accounts transferred in earlier years I" in crore) Loans sold 115.51 215.00 317.28 900 .21 .. .. (" in crore) To permitted transferees 2 26.67 25.00 l. Excess provision reversed (including consideration received against accounts technically written off) to profit ond loss account on account of sole of NPAs to ARCs was 't 242.53 crore and 't 25.0 crore on account of transfer to other permitted transferees. 2. Net of write-off . 3. For NPAs. the Bonk issues loon recoil notice ond initiates legal proceedings for recovery, due to which the weigh ted average residual tenor is not applicable. 4. Net of write-off and prov isions. (ii) The Bank has not sold/acq uired loans classifie d as Special Mention Account during six months ended September 30, 2026. (iii) The Bank hos not acquired non-performing loans during six months ended September 30, 2026. (iv) Details of rating-wise distribution of SRs held by the Bank at September 30, 2026: (" in crore) Ratinq NAV estimate o/o Carrying value 1 RRl Above 100% 114.79 RR2 Above 75% upto 100% .. RR3 Above 50% upto 75% .. RR4 Above 25% upto 50% .. RRS Upto 25% 609.52 Total 1 724.31 1. Amount represen ts net of specific prov isions. 2. Fully provi ded. 3. The Bank, on a prudent basis, continues to hold provision against the security receipts guaranteed by Governmen t of India which will be reversed on actua l receipt of recoveries or approval of claims, if any. by the Government. 6
Page 9
5. Details of projects und er implementation as per Reserve Bank of India {Commercial Banks - Financial Statements: Presentation and Disclosures) Directions, 2025 dated November 28, 2025 for three months ended September 30, 2026. (' in crore) Sr. Particulars No of Accounts Tota l No. outstanding_:_ . 1 Projects und er implemen tati on accounts at the beainning of the auarter 941 27,289.00 2 Projects unde r imple mentat ion accounts sanctioned durina the auarter 342 1,904.32 3 Projects under imple mentati on accounts where DCCO has been achieved durinq the auarter 201 3,285.39 4 Projects under imolementation accounts at the end of the auarter {1+2-3 ) 1,082 29,826.37 2 5 Out of '4' - accounts in respect of which resolution process involving extension in oriqinal/extended DCCO, as the case may be has been invoked 112 2,056.76 5.1 Out of '5' - accounts in respect of which Resolution plan has been implemented 8 202.75 5.2 Out of '5' - accoun ts in respect of which Resolution plan is under imolementat ion 104 1,854.01 5.3 Out of '5' - accounts in resoect of w hich Resolution olan has failed .. .. 6 Out of '5', accounts in respect of which resolution process invo lving extension in original/extended DCCO has been invoked due to change in scope and size of the project - 3 ~ 14.92 7 Out of '5', accounts in respect of which cost overrun associated with extension in DCCO was fund ed 2 133.90 7.1 Out of '7', accounts whe re SBCF was sanctioned during financial closure and renewed continuouslv .. I .. 7.2 Out of '7', accounts where SBCF was not pre-sanctioned or renewed continuously .. .. 8 Out of '4' - accounts in respect of which resolution process not involv ing I extension in DCCO has been invoked 15 405 .97 8.1 Out of '8' - accounts in respect of which Resolution plan has been imolement ed 1 1.87 8.2 Out of '8' - accounts in respect of which Resolution p lan is under implem entat ion 12 191.85 8.3 Out of '8' - accounts in respe ct of which Resolution c lan has failed 2 212.25 1. Represents loons and advances net of prov ision. 2. Includes movement of!{ 3,918.44 crore during Q2-2027 to projects under implementation accounts exist ing ot the beg inning of the quarter. 6. The following tables set forth , for the period indica ted, details of Co-lending Arrangements {CLAs) on an aggregate basis as per Reserve Bank of India {Commercial Banks - Transfer and Distribution of Credit Risk) Directions, 2025. lit in crore I :l Sr. Na. Particula rs At September 30, 20 26 1 Ouantum of CLAs -Number of CLA partners (Na) 5 -Number of outsta ndino cases !Nol 11,657 -Amount of Grass autstandinq f"'l 1.662.64 1 2 Weighted averaae rate of interest (%) 8.80% 3 Fees paid durina the auarter (!{) 4.48 4 Broad sectors in which CLA w as made Home loan, loa n against property, Business loan , Jew el loan 5 Performance of loans under CLA -Standard loans {~l 1,583.13 1 -Non-Perform inq loans (!{) 79.511 6 Detai ls related to default loss auarante e (if anv) ('{) .. 1. Excludes written -off accounts. 7 I
Page 10
7. At September 30, 2026, the Banks holds contingency provision of~ 13,10 0.00 crore Uune 30, 2026, March 31, 2026 and September 30, 2025: ~ 13,100.00 crore). 8. During FY2026, follow ing its annual supervisory review, the Reserve Bank of India had directed the Bank to make a standard asset provision of~ 1,283.00 crore in respect of a portfolio of agricultural priority sector credit facilities wherein the terms of the facilities were found to be not fully compliant with the regulatory requirements for classification as agricultura l priority sector lending . The Bank had undertaken an exercise to comprehensively review the current status of such loans with regards to their eligibility to be classified as agricultural priority sector lending. The Bank continues to hold the add ition al standard asset provision till completion of the review process. 9. During Q2-2027, the Bank has allotted 5,130,452 equity shares of~ 2 each pursuant to exercise of employee stock options/units. 10. Regulation 52 (7)/(7 A) of SEBI LODR Regulations is not applicable for the quarter ended September 30, 2026, as there are no issue proceeds of non-convertib le securities pending for utilisation. 11. Previous period/year figures have been re-grouped wherever necessary to conform to current period classification. 12. The above standalone financial results have been reviewed/audited by the joint statutory auditors, B S R & Co. LLP, Chartered Accountants and C N K & Associates LLP, Chartered Accountants and issued unmodified conclusion/opinion thereon. 13. ~ 1.00 crore = ~ 10.0 million. 8
Page 11
STANDALONE SEGMENTAL RESULTS I (~ in crore) Thre e months ended Six months ended Year ended Sr September June 30, September September September March 31, No. Particulars 30,2026 2026 30, 2025 30,2026 30,2025 2026 (Q2-2027) (Ql-2027) (Q2-2026) H1- 2027 H1-2026 (FY2026) {Unaudited} I (Unaudited) (Unaudited} /Unaudited) {Unaudited } . (Audited I 1. Seqment Revenue a Retail Bankinq 43.723.90 42,166.49 40,758.81 85,890.39 8 1,21 6.91 162,394.20 b ,_ Wholesale banking 27,035.05 25,326.59 21, 111.95 52,361.64 42,562.71 87,847. 28 . C Treasury 39,532 .75 37,2 11.69 33,9 13.18 76,744.44 70,838.55 138,409.17 d Other Bankinq 3,570.59 1,633.05 958.41 5,203.64 2,377.81 4,702.94 Total segment revenue 113,862.29 106,337.82 96,742.35 220,200.11 196,995.98 393,353.59 Less: Inter segment revenue 56,704.80 52,090 .98 47,408.86 108,795.78 96,210.68 192,649.91 Income from ooerations 57,157.49 54,246 .84 49,333.49 111,404 .33 100,785.30 200,703,68 2. Segmental Results (i.e. ~ oflt bef~ e tax - - . a Retail Bankinq 7,716.35 6,238.90 6,318.82 13,955.25 11,053.73 23,2 44. 23 b Wholesale Bankina 7,910.52 7,479.26 5,758.89 15,389.78 11,146.45 24,488.98 C Treasury 4,015.60 4,822.43 4,141.41 8,838.03 10,402.32 17,229.86 d - >-Other banking 82.07 585.03 164.73 667.10 712.62 1,255.38 Total seqment results 19,724 .54 19,125.62 16,383.85 38,850.16 33,315 .12 66,218 .45 3. Seqment assets a Retail Bankinq 927,950.99 897,557.79 829,148.84 927 ,950.99 829,148.84 878,848.27 b Wholesale bankina 815,723.77 734,133.68 590,307.68 815 ,723.77 590,307.68 678,574 .42 C Treasury 832,459 .24 739,4 19.01 672 ,716.94 832,459.24 672 ,716.94 761,180.39 d Other Bankinq 145,209.07 57,243.26 39,919.15 145,209.07 39,919.15 49,768 .52 e Unallocated 3,943.47 4,072.30 4,177.93 3,943 .47 4,177.93 4,159.40 Total seqment assets 2,725,286.54 2,432,426 .04 2,136,270.54 2,725,286.54 2,136 ,270 .54 2,372,531.00 ~ Segment liabilities - -0 Retail Bankina 1,297,634.12 1,247,505.62 1,157,436.92 1,297,634.12 1,157,436.92 1,220,339 .34 b Wholesale bankina 684,626.52 660,596.38 514,233.91 684,626.52 5 14,2 33.91 644,705.85 C Treasury 220,641.18 146,569.47 130,905 .73 220,641.18 130,905.73 147,173.69 d Other Bankinq 145 ,083.37 6,906 .14 5,853.04 145,083.37 5,853.04 7,109. 19 e Unallocated 16,707.88 17,357.20 16,398.47 16,707.88 16,398.47 15,831.51 Total segment liabilit ies 2,364,693 .07 2,078,934.81 1,824 ,828.07 2,364,693.07 1,824,828.07 2,035,159.58 5. Caoital Emploved 360,593.47 353,491 .23 311,442 .47 360,593.47 311,442.47 337,371.42 6. Total 14) + (51 2,725,286 .54 2,432,426.04 2,136 ,270.54 2,725,286.54 2,136,270.54 2,372,531 .00 --:::: ~ 9
Page 12
Notes on standalone segmental result s: 1. 'The disclosure on segmental reporting has been prepared in accordance with Securities and Exchange Board of Indi a (SEBI) circular on formats for publishing financial results 2. "Retail Banking" includes exposures of the Bank which satisfy the four criteria of orient ation, product, granularity and low value of individual exposures for reta il exposures as per RBI guidelines. This segment also includes income from credit cards , debit cards, third party product distributio n and the associated costs. 'RBl's Master Direction on Financi al Statements - Presentation and Disclosu res, requi res to sub-divide 'Retail banking' into (a) Digit al Banking and (b) Other Retail Banking segmen t. Accordingly, t he segmental results for retail banking segment is subdivi ded as below: (If in crore) Sr Particulars Segment Segment Segment Segment No. Revenue Results assets liabilities Q2-2027 Retail Bankina 43,723.90 7,716.35 927,950 .99 1,297,634.12 (i) Diqital Bankina 12,002.44 2,316.48 149,550.03 3 13,980.60 (ii) Other Retail Banking 31,72 1.46 5,399.87 778,400.96 983,653.52 . Ql-2027 Retail Bankina 42,166.49 6,238.90 897,557.79 1,247,505.62 (i) Digital Bankina 11,605 .23 2,063.53 146,977.60 300, 432.10 (ii) Other Retail Bank ina 30,561.26 4,175 .37 750,580. 19 947,073 .52 Q2-2026 Retail Bankina 40,758.81 6,318 .82 829,148.84 1,157,436.92 {i) Diaital Bankina 11,06 1.20 1,687.26 146,693.68 246,066.35 {ii) Other Retail Bankina 29,697.61 4,631.56 682,455.16 911,370.57 3. "Who lesale Banking" includes all advances to trusts, partner ship firms , companies and statutory bodies, by the Bank which are not included under Retai l Bank ing. 4. "Treasury" primar ily includes the entire investment and deri vative portfolio of the Bank. 5. "Other Banking" includes leasing operation s and items not attributab le to any part icular business segmen t of the Bank. 6. "Unallocated" includes items such as tax paid in advance net of provision, defer red tax and provisions to the extent reckoned at the entity level. Mumbai October 17, 2026 10 For and on behalf of the Board of Directors Ajk:1::: o Executive Director DIN- 07580795
Page 13
ICICI Bonk Limited CIN-L65 190GJ1994PLC021012 Registered Office: ICICI Bank Tower, Near Chakli Circle, Old Padro Road, Vadoda ra - 390 007, Gujarat, Phone: 0265-6722239 Corporate Office: ICICI Bank Towers, Bandro-Kurla Complex, Mumba i - 400 051, Maharashtra, Phone: 022-40088900 Website: www.icici. bank.in, Email: campanysecretary@icici.bank.in Sr. No. Particulars 1 - ~ rest earned {al +(b)+(c)+(dl al Interest/discount an advances/bi lls bl Income an investments Interest an balances with Reserve Bonk of India and othe r inter-ba nk cl fund s di Others 2 Other income (el+(f] Premium and other opera ting el income from insurance business ---fl Others 3 TOTAL INCOME {11+121 4 Interes t expended 5 Ooeratina exoenses lal+(h) +(il al Emplavee cast Claims and benefits paid and othe r expenses pertaining ta insura nce _ll! _ busin_e_ss __ ii Other ooerat inq exoenses TOTAL EXPENDITURE EXCLUDING PROVISIONS AND CONTINGENCIES 6 141+{5) OPERATING PROFIT BEFORE PROVISIONS AND CONTINGENCIES 7 {31-161 Provisions (other than tax) and 8 continaencies PROFIT FROM ORDINARY ACTIVITIES BEFORE EXCEPTIONAL ITEMS AND 9 TAX (7l-(8l 10 Exceet iona I items 11 Add: Share of profit in associates PROFIT FROM ORDINARY ACTIVITIES BEFORE TAX AND MINORITY INTEREST 12 19H10l+llll 13 Tax expense Ii)+ kl il Curre nt tax kl Deferre d tax Less: Share of profit/f loss) of minority 14 shareholders NET PROFIT FROM ORDINARY 15 ACTIVITIES AFTER TAX (12)-1131-1141 CONSOLIDATED FINANCIAL RESULTS Three month s ended September June 30, 30,2026 2026 (Q2 -2027l (Ql -2027) (Unaudited) (Unaudited) 55,991.91 52,240.85 40,404 .12 37,183.08 13,239 .43 12,370.84 1.475.82 872.54 32,169.27 21,392.7 1 10,776.56 88,161.18 25,656.27 38,494 .94 6,919.34 1,259.33 1,427.60 27,448.37 16,780.17 10,668 .20 79,689 .22 23,063 .72 34,02 1.17 6,911 .57 September 30, 2025 (Q2-2026) (Unaudited) 48,180.91 33,975.01 12,608.38 949.43 648.09 27,965 .68 18,432 .50 9,533.18 76,146.59 22,017.39 34,155.3 1 6,120.22 Six months ended Sept ember September 30, 2026 30, 2025 {Hl-2027) !Hl-2026) (Unaudited) (Unaudited) 108.232.76 - 97,260.87 77,587.20 68,246.45 25,610.27 25,261.3 8 2,735. 15 2,300. 14 59,617.6 4 38,172.88 . 21,444.76 167,850.40 48,719.99 72,516.11 13,830.91 2,054.52 1,698.52 53,461.75 33,168.88 20,292 .87 150,722 .62 45,107.45 64,324.47 12,758 .44 22,35 1.74 9,223.86 18,259.76 8,849.84 19.524.3 ~ __ 40,611.50 . 35,396.69 16,169.34 8,510.76 18,073.70 64,151 .21 57,084.89 56,172 .70 121,236 .10 109,431 .92 24,009 .97 22,604.33 19,973.89 46,614 .30 41,290.70 895 .21 1,297 .20 909.3 1 2,192. 41 2,731.64 23,114.76 21,307.13 19,064.58 44,421.89 38,559.06 I 76.99 66.48 61.75 143.47 124.28 23,191.75 21,373.61 19,126.33 44,565.36 38,683.34 5,802.89 5,097.39 4,808.18 10,900.28 9,908.86 5,655.09 4,946.93 4,580.50 10,602.02 9,481.50 147.80 150.46 227.68 298.26 427.36 1,055.68 836. 16 961.09 1,891.84 1,859 .82 16,333.18 15,440.06 13,357.06 31,773.24 26,914 .66 (" in crore) Year ended Morch 31, 2026 (FV20261 (Audited) 195,2 18.46 137,804.26 49,688.72 4,180.80 3,544.68 116,899 .90 77,624. 19 39,275.7 1 312,118.36 89,028.58 140,393.62 25,258 .62 81,836.36 33,298. 64 229,422.20 82,696.16 5,638 .83 77,057.33 262.85 77.320. 18 19,383.93 18,709.57 674.36 3,728.55 54,207.70 1--.::.16.:.._+-=E:.:..xt:..;;r...;;a..::.o.;..;rd;;..;i;.;.na;:.;ir.L..:.y it.:..:e.:..:m.:..:sC-'(ccn..::.et-'-o;:.;fc...t..::.a.:..:x...;;e.:..:x=oen..cs;..;:e,__1 1--------' ·'-· +----- -""-+-----....:..:. " __,_ ____ ....:..:. .. -----...: ·:....· +-- ---.::." --1 NET PROFIT FOR THE PERIOD (15)- 17 1161 Paid- up equity share capital (face value 18 ~ 2J- each) 19 Reserves excludi ng revaluation reserves 20 Earninqs per share (EPSl Basic EPS befo re and after extrao rdinary items, net of tax expens e (not annualised) (in~) Diluted EPS before and after extrao rdinary items, net of tax expense (not annualised) (in ~l 16,333.18 15,440.06 1,435.96 1.434.94 22.76 21.54 22.49 21.29 11 13,357.06 31,773 .24 26,914 .66 54,207.70 1,428.95 1,435.96 1,428.95 1,432.23 355,001.08 18.71 44.30 37.73 75.89 18.42 43.78 37.13 74.77
Page 14
SUMMARISED CONSOLIDATED BALANCE SHEET (" in crore) At Particulars September June 30, March 31, September 30,2026 2026 2026 30, 2025 - (Unaudited) (Unaudited) (Audited) (Unaudited) Cai,ital and Liabilities Capital 1,435.96 1,434 .94 1,432.23 1,428.95 Employee stock options /units outstandinq 2,862 .86 2,712.72 2,682 .07 2,317 .13 Reserves and surplus 386,225.63 376,382.05 358,946.11 331,806 .80 Minority interest 19,680.89 17,533.42 16,5 10.96 16,238.35 Deposits 2,091,538.51 1,870,362.74 1,830,020 .12 1,645 ,864.93 Borrow ings (includes subordinated debt) 295,561.42 226,317 .72 220,264 .28 215,239.67 Policyholders' funds 309,633 .99 314,692 .25 296,499 .07 304,989 .96 Other liabilities and provisions 186,013 .73 192,971.05 188,143. 13 168,599.59 Total Cai,ital and Liabil ities 3,292,952 .99 3,002,406.89 2,914,497.97 2,686,485 .38 Assets Cash and balances with Reserve Bank of India 100,196 .53 74,009.08 121 .237 .19 79,543 .21 Balances with banks and monev at call and short notice 175,065 .51 122 ,484.20 143,743 .53 88,025 .14 Investments 948,727 .57 939,3 00.36 870,719 .88 899,797 .88 Advances 1,935,385 .44 1,729 ,327.48 1,644 ,657 .97 1,492,161.12 Fixed assets - - 17,539 .85 17,329.29 17,420 .34 16,562.12 Other assets 104,309.65 - 109,406.43 - 106,169 .01 101,936 .48 Goodwill on consolidation 11,728.44 10,550 .05 10,550 .05 8,459.43 Total Assets 3,292,952.99 3,002,406.89 2,914,497.97 2,686,485 .38 12
Page 15
CONSOLIDATED CASH FLOW STATEMENTS ('If in crore) Period ended Septembe r March 31, Septembe r Particulars 30, 2026 2026 30, 2025 (Hl-20271 (FY2026) IHl-20261 (Unaudited) (Audited) (Unaudited) Cash flow from/(u sed in) operatin92ctivi !!!!.__ --- - --Profit/llossl before taxes 42,673.52 73,591.64 36,823.52 Adju stments for: Deoreciation and amort isation 1,655.85 3,122 .65 1,468.57 Net (annreciationl /deoreciation on investme nts 11,198.671 290.34 1256.551 Specific provision for non perform ing loans, restructured and standard loans 2,169.72 6,276.82 3,154 .44 General provision for standard assets 1,392.47 835.54 _ 194.54 Provision for continqencies & others 139.75 (867.561 ~ 4 Sl (Profitl/loss on sale of fixed assets and other assets (19.201 (288 .62) 120.97} Emolovees stock actions /units expense 540.14 968.70 50 1.02 Iii 47,353.58 83,929 .51 41,8 13.12 Adjustments for: -- --flncreosel /decrease in investm ~ 119,572.99} 6,075 .3 1 6,780.71 (lncreosel /decrease in advances (292,947.94} 1230,271.07 ) 174,651.85 } lncrease/ldecreasel in deposits 261,561.38 188,380.06 4,216.78 (lncreasel/decreose in other assets 1,120.78 (13,493 .831 /6,063 .42) lncrease /(decrease) in other liabilities and orovis ions1 7,814 .98 49,253.39 16,362.74 (ii) (42,023.79} I (56.14) I 153,355.04) Refund /loavmentl of direct taxes -liii) (9,797.54) (16,547.95) (5,819.07} Net cash flow from / lused in) operatina activities lil+(i iJ+(iii) IAI (4,467 .75) 67,325 .42 (17,360.99) Cash flow from/(used in) investing activities Purchase of fixed assets (1,648.071 (3,730.00} 12,043.73} Proceeds from sale of fixed assets 26.30 182.94 20.40 (Purchose}/s ale of held to matur ity securities (50,935.64) (9,466 .53) (16,783.8 4) Net cash flow from/(u sed in) investina activities 181 (52,557 .41) (13,013.59) (18,807 .17) Cash flow from/lused inl financinq activitie s Proceeds from issue of share capitol finclud ino ESOPs/ESUSsl 622.49 1,360.65 784.82 Proceeds from Iona-term borrowings 81,307.36 48,178 .77 16,619.58 Repovment of Iona-term borrow inas 119,606. 82) (50,153.21) (24,275.82) Net proceeds/(repavment) of short-term borrow inqs 13,481.44 3,806 .39 3,978.31 Dividend paid (8,610 .72) (7,853.15) (7,853.15) Net cash flow from/lused in) financinq activities (Cl 67,193.75 (4,660.55) (10,746.26) Effect of exchange fluctuation on translation reserve (D) 112.73 1,305.98 459.31 '-- Net increase/ (decrease) in cash and cash equivalents (Al+(B)+(Cl+(D) 10,281.32 50,957.26 (46,455.11) Cash and cash equival ents at beainninQ of the Period/vear 264,980.72 214,023 .46 214,023.46 Cash and C<lsh equivalents at end of the aeriod/vear 275,262 .04 264,980 .72 167,568.35 1. Including adjustments for increase/(decrease) in Policyholders' funds . 2. Cash and cash equiva lents include cash in hand , fore ign currency notes, rupee digital curre ncy, ba lances with RBI, balances with other banks and money at call and short notice. 1:3
Page 16
Notes on consolidated financial results: 1. The above consolidated financ ial results have been approved by the Board of Directors at it s meeting held on October 17, 2026. 2. The consolidated financial results have been prepar ed in accordance w ith the recognition and measurement principles laid down in Account ing Standards 25 "Interim Financi al Report ing"('AS 25') ,prescr ibed under Section 133 of the Compan ies Act. 2013 , the relevant prov isions of the Banking Regulation Act, 1949, the circulars, guidelines and direct ions issued by the Reserve Bank of Indio ("the RBI") from time to time, the Insurance Regulatory and Development Authority of India ('the IRDAI') applicable for insurance entit ies and other accounting principles genera lly accepted in India and, in case of overseas jurisd ictio ns. genera lly accepted account ing principles as appl icable, and are in compliance with the presentation ond disclosure requirements of the Regulation 33 and Regulation 52(4) read with Regulation 63 of the Securities Exchange Boord of Indi o (Listing Obligat ions and Disclosure Requirements) Regulations , 2015 ('SEBI Regulations') as amended including relevant circulars issued by SEBI from time to time. 3. During Q2-2027, the Bank has allotted 5,130 ,452 equity shares of" 2 each pursuant to exercise of employee stock options/un its. 4. At September 30, 2026 , the Bank hos 17 subsidiaries (including two step-down subsid iaries) and two associates. 5. During Q2-2027, the Bonk has acquired 2.0% addi tional stake in ICICI Life Insurance Lim ited (former ly known as ICICI Prudential Life Insurance Company Limited) through stock exchange mechanism. Accordingly, the Bank hos recogn ised a goodwi ll of ~ 1,178.39 crore in consolidated financia l statements at September 30, 2026 . 6. In accordance with RBI guidelines, consolidated Pillar 3 disclosure (unaudited), leverage ratio, liquidity coverage ratio, net stable fund ing ratio is available at https:l/www.icici.bank .in/regulatory-disclosure. 7. Previous period/year figures have been re-grouped wherever necessary to conform to current period classifi cation. 8. The above consolidated financia l results have been reviewed/a udited by the joint statutory auditors , B S R & Ca. LLP, Chartered Acco untan ts and C N K & Associates LLP, Chartered Accountants who have issued an unmodified conclusion /opinion thereon. 9. " 1.00 crore = ~ 10.0 millio n. 14
Page 17
CONSOLIDATED SEGMENTAL RESULTS I" in crore) Three months ended Six months ended Year ended Sr. Sept ember June 30, September 30, September 30, September March 31, Particulars 30, 2026 2026 2025 2026 30, 2025 2026 no. IQ2-2027l 101-20271 (Q2-2026l (Hl -2027) IHl-2026 ) IFY2026l (Unaud ited) (Unaudit ed) (Unaud ited) (Unaudited) (Unaudit ed) (Audit ed) 1 Segment Revenu e 0 Retail Bank ing 43,723.90 42,1 66.49 40,758 .81 85,890.39 81,216.91 162 ,39 4.20 b Wholesale Bankina 27,035.05 25,326 .59 21.111.95 52,361 .64 42,562 .71 87,847.28 C Treasury 39,522. 11 37,211.69 33,888.26 76,733.80 70,861.46 138,430.36 d Other Banking r 4,416 .41 2,431 .60 1,648.97 6,848.01 3,761.56 7,516.73 e Life Insura nce I 17,504.35 13,633 .29 15,43 0.13 3 1,137. 64 27,501.08 65,472.05 f General Insuran ce ~ 8,597 .81 7,541.7 1 7,283.3 2 16,139.52 14, 180.96 28,890.61 Q Others 5,160 .30 5,173 .64 4,833.13 10,333.94 10,1 06.66 19,97 0.13 Total segment revenue 145,959.93 133 ,485.01 124,954.57 279,444.94 250,191.34 510,521,36 Less: Inter seament revenue 57,798.75 53,795.79 48,807.98 111,594 .54 99,468.72 198,403.00 Income from operations 88,161.18 79,689.22 76,146.59 167,850.40 150,722 .62 312,118.36 Segmental results (i.e. Profit 2 befor e tax and minority intere st! a Retail Bankina 7,7 16.34 6,238.90 6,3 18.82 13 ,955.24 11,053 .73 23,24 4.23 b Wholesa le Ban~ 7,910.52 7,479 .26 5,758.89 15,389.78 11,1 46.45 24,488.98 ~ C Treasury 4,004.96 4,822.4 3 4,116.47 8,827.39 10,42 5.17 17,250.94 d Othe r Banking 209.53 718 .74 285.79 928.27 964.70 1,702.73 e Lif e Insurance 435.55 431.44 347.02 866.99 691.85 1,807.68 f General Insurance 1,247.41 535 .71 1,077.25 1,783. 12 2,070.98 3,658 .97 a Other s 2,042.49 2,190.57 1,961.1 8 4,233.06 4,342.36 8,378.42 Total seament results 23,566 .80 22,417.05 19,865 .42 45,983 .85 40,695.2 4 80,531.95 - Less: Inter segment adjustment 452.04 1,109.92 800.84 1,561.96 2,13 6.18 3.474.62 + Add: Share in profit of associates 76.99 66.48 61.75 143 .47 124.28 262.85 Profit befor e tax and minority interes t 23,191.75 21,373.61 19,126 .33 44,565.36 38,683 .34 77,320.18 3 Segment assets a Retail Bankina 927,950.99 897 ,557 .79 829,148.8 4 927 ,950.99 829,148.84 878,8 48.27 b W holesale Bankina 815,723. 77 734,133 .68 590,307.68 815,723 .77 590 ,307.68 678 ,574.42 C Trea sury 833,890.78 740,784.13 673,893 .66 83 3,890.78 673,893.66 762,478 .76 d Other Banking 209,628.57 118,446.22 91,312 .91 _]09,628.5 ~ - 91 ,312.91 110 ,716.07 - -e Life Insuranc e 331,954 .31 337,207 .23 324,140 .02 331,95 4.31 324,140 .02 318,965 .32 f General Insurance 83,370.94 78,116.47 73,584.86 83,370.94 73,584.86 75,5 15.13 a Others 103,238 .11 108,960.52 113,871.25 103 ,238. 11 113,871.25 103,5 25.82 h Unallocated 4,007. 43 4,112.15 4.418 .00 4,007 .43 4,418 .00 4 ,262.13 Tota l 3,309,764.90 3,019,318 .19 2,700 ,677.22 3,309,764.90 2,700,677 .22 2,932 ,885.92 Less: Inter seament adjustment 16,8 11.91 16,911.3 0 14,191.84 16,811.91 14,191.84 18,387 .95 Total segment assets 3,292 ,952.99 3,002 ,406.89 2,686,485.38 3,292,952 .99 2,686,485 .38 2,914,497.97 4 Segment liabilities a Retai l Bank ing 1,297,634. 12 1.247 ,505.6 2 1,157,436 .92 1,297,634. 12 1,157,436 .92 1,220,33 9.34 b W holesale Banking 684,626 .53 660,596 .38 514,233 .91 684,626.53 514 ,233 .91 644,705.85 C Treasury 254,064.27 177,507.39 159,629.05 254,064.27 159,629 .05 177 ,043.7 8 d Other Bankina 203 ,025.93 61,579.69 51,132.53 203,025.93 5 1,132.53 61,532.31 e Lif e Insura nce 317,978. 13 323,4 65.22 311,600 .75 317,978 .13 311,600.75 306 ,122 .59 f General Insuranc e 63,347.52 62,068.12 57,298 .12 63,347.52 57 ,298.12 60,039.48 a Others 83,462.57 90,3 46.91 97,764.34 83.462. 57 97,764.34 85,695.78 h Unallocat ed 15,10 1.38 15,719.15 16,028.72 15,101.38 16,028.72 14,346.38 Total 2,919,240.45 2,638,788. 48 2,365,124.34 2,919,240.45 2,365,124.34 2,569,825.51 Less: Inter seament adjustment 16,811.91 16,911.30 14,19 1.84 16,811.91 14,191 .84 18,387.95 Total segment liabil ities 2,902 ,428.54 2,621,877.18 2,350,932.50 2,902 ,428.54 2,350 ,932.50 2,551,437.56 5 Capital employed 390,524 .45 380,529 .71 335,552 .88 390,524.45 335,552,88 363,060.41 Total (41 + (51 3,292,952 .99 3,002,406.89 2,686 ,485.38 3,292 ,952.99 2,686 ,485.38 2,914,497.97 15
Page 18
Notes on segmental results: 1. The disclosure on segmentol reporting has been prepared in accordance with Securities and Exchange Boord of India (SEBI) circular on format for publishing financial results. 2. "Retail Banking' includes exposures of the Bank which satisfy the four criteria of orientation, product , granu larity and low value of individual exposures for reta il exposures laid down in Basel Committee on Bank ing Supervision document 'International Convergence of Capital Measuremen t and Capital Standards : A Revised Framework'. This segment also includes income from credit cards, debit cards, third party product distribution and the associated costs. 3. "Whol esale Banking' includes all advances to trusts. partnership firms . companies and statut ory bodi es, by the Bonk which ore not included under Retail Banking. 4. "Treasury' primarily includes the entire investment and derivative portfol io of the Bonk. 5. "Other Bank ing' includes leasing operations and items not attributab le to any particu lar business segment of the Bank . Further, it incl udes the Bank's banking subsidiaries i.e. ICICI Bank UK PLC and ICICI Bank Canada . 6. "life Insurance' represents ICICI lif e Insurance limited (former ly known as ICICI Prudential l ife Insurance Campany limited) . 7. "Genera l Insurance' represents ICICI Lombard General Insurance Company limi ted . 8. "Others' comprises the consolidated entit ies of the Bonk, not covered in any of the segments above. 9. "Unallocated ' includes items such as tax paid in advance net of provision. deferred tax and provisions to the extent reckoned at the entity level. Mumbai October 17, 2026 16 For and on behalf of the Board of Directors - ~ AJay Kumar Gupta Executive Director DIN- 07580795
Page 19
BS R & Co. LLP Chartered Accountants 141h Floor, Central B Wing and North C Wing esco IT Park 4. Nesco Center Western Express Highway, Goregaon (East) Mumbai - 400 063, India C N K & Associates LLP Chartered Accountants 3rd Floor, Mistry Bhavan Dinshaw Vachha Road Churchgate Mumbai- 400 020. India Independent Auditors' Limited Review Report on unaudited standalone financial results of ICICI Bank Limited for the quarter ended 30 September 2026 and year to date results for the period from 1 April 2026 to 30 September 2026 pursuant to Regulation 33 and Regulation 52(4) read with Regulation 63 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended To the Board of Directors of ICICI Bank Limited I. We have reviewed the accompanying Statement of unaudited standalone financial results of ICICI Bank Limited (hereinafter referred to as the ·Bank") for the quarter ended 30 September 2026 and year to date result for the period from I April 2026 to 30 September 2026 (the 'Statement"). being submitted by the Bank pursuant to the requirement. of Regulation 33 and Regulation 52(4) read with Regulation 63 of the Securities and Exchange Board of India (the ·SEBI") (Listing Obligations and Disclosure Requirements) Regulations, 2015. as amended (' the Listing Regulations'). 2. This Statement. which is the responsibility of the Bank·s management and approved by its Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Accounting Standard 25 ··Interim Financial Reporting·· (' AS 25' ), prescribed under Section 133 of the Companies Act 2013, the relevant provisions of the Banking Regulation Act, 1949, the circulars. guidelines and directions issued by the Reserve Bank of India (RBI) (the ·RBI Guidelines· ). as applicable and other accounting principles generally accepted in India, and in compliance with Regulation 33 and Regulation 52(4) read with Regulation 63 of the Listing Regulations. Our responsibility is to issue a report on the Statement based on our revie,\. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 --Revie ll' of lnt erim Fin ancial !,?form ation Pe,fo rmed hy the Independent Audi tor of the Entity· •, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries. primarily of persons responsible for financial and accounting matters. and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly. we do not express an audit opinion. Pagel of2
Page 20
BS R& Co. LLP Chartered Accountants C N K & Associates LLP Cha1tered Accountants 4. Ba ed on our review conducted as above. nothing has come to our attention that causes us to believe that the accompanying Statement. prepared in accordance with the recognition and measurement principles laid down in the aforesaid Accounting Standard. the RBI Guidelines. as applir..:able and other accounting principles generally accepted in India. has not disclosed the information required to be disclosed in terms of Regulation 33 and Regulation 52(-l) read with Regulation 63 of the Listing Regulations. including the manner in which it is to be disclosed. or that it contains any material misstatement or that it has not been prepared in accordance with the relevant prudential norms issued by the RBI in respect of income recognition, asset clas ification. provisioning and other related matters. For B S R & Co. LLP Chartered Accountants Firm e • st ration no.: 101248 W /W-100022 Ashwin Suvarna Partner Membership o.: I 09503 UDIN: 26109503EYMFRY8883 Place: Mumbai Date: 17 October 2026 Accountants is ation no.: 101961 W/W I 00036 Mao ish Sampat Partner Membership No.: 10168-l UDl : 2610168-lHUJBBP5353 Place: Mumbai Date: I 7 October 2026 Page 2 of 2
Page 21
8 S R & Co. LLP Chartered Accountants 14th Floor. Central B Wing and orth C Wing Nesco IT Park 4. e co Center Western Express Highway. Goregaon (East) Mumbai - -100 063. India C N K & Asso ciates LLP Chartered Accountants 3rd Floor. Mistr) Bhavan Dinshaw Vachha Road Churchgate Mumbai- -WO 020. India Independen t Audit ors' Limited Review Report on unaudite d consolidated financ ial results of ICICI Bank Limited for quarter ended 30 Septem ber 2026 and year to date results for the period from I April 2026 to 30 September 202 6 pursuant to Regulation 33 and Regulation 52(4) read with Regulation 63 of the of the Securities and Exchange Board of India (Listing Obligat ions and Disclos ure Requireme nts) Regulations, 20 15, as amended To the Board of Directors of ICICI Bank Limited I. We have reviewed the accompan) ing Statement of unaudited consolidated financial results ofl CICI Bank Limited (hereinafter refened to as the ·Parent"). and its subsidiaries (the Parent and its subsidiaries together referred to as the 'Gro up·). and its share of the net profit after tax of it associates for the quarter ended 30 eptember 2026 and year to date results for the period from I April 2026 to 30 eptember 2026 (the ·Statement'). being submitted by the Parent pursuant to the requirements of Regulation 33 and Regulation 52(-1) read with Regulation 63 of the Securitie and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations.2015. as amended (the ·Listing Regulations·). except for the disclosures prescribed by the Reserve Bank of India (the ·RBI") relating to consolidated Pillar 3 disclosures as at 30 September 2026. including leverage ratio. liquidity coverage ratio and net table funding ratio under Basel Ill Capital Regulations as have been disclosed on the Parent's website and in respect of which a link has been provided in Note 6 to the tatement and have not been reviewed by u .. 2. This Statement. which is the responsibility of the Parent's management and approved by the Parenf s Board of Directors. has been prepared in accordance with the recognition and measurement principles laid down in Accounting Standard 25 ··Interim Financial Reporting"· (" AS 2 -·). prescribed under Section 133 of the Companies Act. 2013. read with relevant rules i sued thereunder. in so far as they appl) to banks. the relevant provisions of the Banking Regulation Act. 1949. the circulars. the guidelines and directions issued by the Reserve Bank of India (RBI) (the ' RBI Guidelines'), guidelines issued by the Insurance Regulatory and Development Authority of India (the · IR DAI Guidelines·) as applicable. and other accounting principles general!)' accepted in India and in complianct: with Regulation 33 and Regulation 52(4) read with Regulation 63 of the Listing Regulations. Our responsibility is to issue a report on the Statement based on our review. 3. We conducted our review of the tatement in accordance with the Standard on Review Engagements (SRE) 24 10 ··Rel"iew of J11/eri111 Fi11a11ciul lnfrm11ulion Performed hy the Independent Audit or of the Enti(r··. i sued b) the Institute of Chartered Accountants of India. A review of interim financial infonnat ion consists of making inquiries. primarily of person responsible for financial and accounting matters. and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. According!~. we do not express an audit opinion. We also performed procedures in accordance with the cin.: ular issued by the ~ ==::::,,... c nge Board of India under Regulation 33(8) of the Listing Regulations. le. ecurities and to the extent Page t ors
Page 22
BS R& Co. LLP Chartered Accountants C N K & Associates LLP Chartc:red Accountants ➔ . The Statement includes the resu lts of the entities mentioned in Annexu re I. 5. Based on our review conducted and procedure s perfonned as stated in paragraph 3 above and based on the considera tion of the review audit report s of the other audi tors referred to in paragraph 6 below, nothing has come to our attent ion that causes us to believe that the accompan ying tateme nt, prepared in acco rdance with the recogn ition and measurement principles laid down in the afo resaid Accounting Standa rd, the RBI Guidel ines. the I ROAi guidelines as appl icab le. and other accou nting principles gene rally accepted in India. has not disclosed the infonnati on requ ired to be disclosed in tenns of Regula tion 33 and Regula tion 52(4) read with Regul ation 63 of the Listing Regula tions. includin g the manner in which it is to be disclosed. exce pt for the disclosu res re lating to consol idated Pillar 3 disclo sure as at 30 Septembe r 2026. incl uding leverage ratio. liquidil) cove rage ratio and net stable funding ratio unde r Basel III Capital Regulation s as have been disclosed on the Bank's website and in respect of which a link has been provided in Note 6 to the tateme nt and have not been reviewed by us. or that it conta ins any material missta tement. 6. We did not review the interim financial results of 6 subsidiarie s included in the Statement. who e interim financial informat ion reflect total asse ts (befo re conso lidation adjus tment s) of Rs. 397.297.04 crore s as at 30 Septem ber 2026 and total revenues (befo re consolida tion adju stment s) of R . 20.975.6 4 crore s and Rs. 38.299.78 crores and tota l net pro fi t after tax (before co nso lidation adjustment s) of Rs. 1.443.97 crore s and Rs. 3.137.12 cro res for the quarter ended 30 September 2026 and for the period from I Apri l 2026 to 30 September 2026 respecti vely and cash flows (net) (befo re consolidation adjustment s) of Rs. (2.356 .09) crores for the period from I April 2026 to 30 September 2026 . as conside red in the Stat ement. These interim financial results have been reviewe d/aud ited by the other aud itors whose review/audit repo rts have been furnished to us by the Parent"s manag ement and our conclu sion on the Statement . in so far as it relate s to the amount and disclo sures included in respect of these subsidiarie s. is based solely on the review-a udit rep orts of the othe r auditors and the procedure s perforn1ed by us as stated in paragraph 3 above. Further. 3 subs idiaries whose interim financial informatio n reflect~ total assets (before conso lidation adjustments ) of Rs. 38.908. 12 crore as at 30 September 2026 and total revenues (before consoli dat ion adj ustments ) of Rs. 1,665. 09 crores and Rs. 3.213 .74 crores and total net profit aft er tax (before co nso lidation adjustments) of Rs. 440.70 crores and Rs. 846.68 cro res for the quarter ended 30 eptember 2026 and for the period from I Apr il 2026 to 30 eptember 2026 respecti vely and cas h flows (net ) (before consol idation adju stments ) of Rs. ( I .412.85) crore s for the period from I Apri l 2026 to 30 September 2026. as cons idered in the Statement has been reviewed by one of the joint auditors of the Parent and our concl usion on the Statement in so far as it relat es to the amo unts and disclosure s included in respect of these subsidiary compa nies. is based so lely on the review report issued b) the said auditor of the subsi diary companies and the procedure s performed as stated in paragraph 3 abo ve. Also. I subs idiary whose interim financial infonna tion reflects total asse ts (befo re consolidation adjustment ) of Rs. 84.23 -.61 crorcs as at 30 eptember 2026 and total reve nues (befo re consolida tion adj ustments) of Rs. 8.597.81 crores and Rs. 16.139. - 2 crores and total net profit after tax (before consolidation adjustment s) of Rs. 946.40 cro res and Rs. 1.349.58 crores for the quarter ended 30 eptember 2026 and for the perio d from I April 2026 to 30 Septembe r 2026 respective)) and cash flows (net) (be fore conso lidation adjus tment s) of Rs. (8 14.55) crore s for the period from I Apri l 2026 to 30 Septemb er 2026. as considered in the Stateme nt has been reviewed by the join t auditors of the subs idiary company. whe re one of the joint aud itors is also the joint audi tor of the C Parent and our conclusion on the Statement in so far as it relates to the amount s and disclosure s 0~ ~ .. , ~- '-(,o el uded in respect of this subsid iary company. is based solely on the review report issued by the ~ c"··• e1 -q a--.1 1,-:, ·- ; 1., n PaM ,rw 1•,t~\ l cSS w,tt~a/ (/) Page 2 of 5 ,-- C:.!lltQllll\ \ll>ll ~ ~ l.'..n-"•. 4~ Q6l ~'l, ~ '7: -------- ~ ~ ~red Acc0
Page 23
BS R& Co. LLP Chartered Accountants C N K & Associates LLP Chartered Accountants said joint auditors of the subsidiary company and the procedures perfonned as stated in paragraph 3 above. Our conclusion on the tatement is not modified in re peel of above maners. 7. The Statement includes the interim financial information of 7 subsidiaries which have not been reviewed. whose interim financial information reflect total assets (before consolidation adjustments) of Rs. 64.666.46 crores as at 30 September 2026 and total revenue (before consolidation adjustments) of Rs. 877.42 crores and Rs. I. 708.17 crores and total net profit after tax (before consolidation adjustments) of Rs. 99.32 crores and Rs. 207.-B crores for the quarter ended 30 eptember 2026 and for the period from I April 2026 to 30 eptember 2026 respectively and cash flows (net) (before consolidation adjustments) of Rs. (33 1. 18) crore. for the period from I April 2026 to 30 September 2026. as considered in the tatement. The tatement also includes the Group· share of net profit after tax of Rs. 76.99 crores and Rs. 1-B.-l7 crores in respect of2 associates for the quarter ended 30 September 2026 and for the period from I April 2026 to 30 September 2026 respectively. as considered in the Statement. based on their financial information which have not been reviewed. According to the information and explanations given to us by the Parenf s management. these interim financial information of the subsidiaries and associates are not material to the Group. Our conclusion on the Statement is not modified in respect of this matter. 8. The joint statutory auditors of ICICI Life Insurance Limited (' ICICI Life·) (Fonnerly known as ICICI Prudential Life Insurance Company Limited). vide their review report dated 13 October 2026 have expressed an unmodified conclusion and have reported in the 'Other Maner· section that ·The actuarial valuation of liabilities for life policies in force and for policies in respect of which premium has been discontinued but liability exists as at 30 September 2026 is the responsibility of the Company's Appointed Actuary (the • Appointed Actuary·). The actuarial valuation of these liabilities for life policies in force and for policies in respect of which premium has been discontinued but liability exists as at 30 September 2026 has been duly certified by the Appointed Actuary, and in his opinion. the assumptions for such valuation are in accordance with the guideline and norms issued by the !RDA! and the Institute of Actuaries of India in concurrence with the Authority. The joint auditors have relied upon the Appointed Actuary's certificate in this regard for forming their conclusion on the valuation of liabilities for lite policies in force and for policies in respect of which premium has been discontinued but liability exists. as contained in the group reporting pack of the Company'. Our conclusion on the Statement is not modified in respect of this matter. Page 3 ors
Page 24
8 SR& Co. LLP Chartered Accountants C N K & Associates LLP Chartered Accountants 9. The joint statutory auditors (where one of the joint auditors is also the joint auditor of the Parent) oflC ICI Lombard General Insurance Compan} Limited (" ICICI General"). vide their review report dated I ➔ October 2026, have expressed an unmodified conclusion and have reported in the ·Other Matter· section that. ·The actuarial valuation ofli abilities in respect of Premium Deficiency Reserve (the ·PDR") and Incurred But ot Reported ("IBNR' ) and Incurred But ot Enough Reported ("IBNER"). for non-life policies in force is the responsibility of the Company·s Appointed Actuary (the • Appointed Actuary·). The actuarial valuation of these liabilities. which are estimated using statistical methods as at 30 September 2026 has been dul) certified by the Appointed Actuary and in his opinion. the assumptions considered b) him for such valuation are in accordance with the guidelines and norms i sued by the IRDAI and the Institute of Actuaries of India in concurrence with the authority. The joint statutory auditors have relied upon the Appointed Actuary's certificate in this regard for forming their conclusion on the valuation of liabilities in respect of PDR. I BR. IBNER that are estimated using statistical methods. as contained in the group reporting pack of the Compan) •. Our conclusion on the tatement is not modified in respect of this matter. For 8 S R & Co. LLP Chartered Accoumants istration no.: 101248W W-100022 win Suvarna Partner Membership o.: I 09503 UDIN: 26109503JQFIRW5573 Place: Mumbai Date: 17 October 2026 Enclosure: Annexure I Associates LLP 1td c:c:01111tal1/S istration no.: IO 1961 W /WI 00036 Membership No.: 101684 UDIN: 26101684FZ FPV262 I Place: Mumbai Date: 17 October 2026 Page 4 ors
Page 25
BS R& Co. LLP Chartered Accountants Annex ure 1 C N K & Associates LLP Chartered Accountants List of entities included in unaudited consolidated financial results. Parent Entity I. ICICI Bank Limit ed Subs idiaries 2. ICICI Bank UK PLC 3. ICICI Bank Canada 4. ICICI Securities Limited 5. ICICI Securities Holdi ngs Inc. 6. ICICI Securiti es Inc. 7. ICICI Securitie s Primary Dealership Lim ited 8. ICICI Venture Funds Management Company Limited 9. ICICI Home Finance Company Limited I 0. ICICI Trusteeship Services Limited 11. ICICI Investment Management Company Lim ited 12. ICICI International Limit ed 13. ICICI Pension Fund Management Limited 14. ICICI Li fe Insurance Lim ited (Formerly known as ICICI Prudential Life Insurance Company Limited ) 15. ICICI Lombard General Insurance Company Limited 16. ICICI Prudential Asset Management Company Limi ted 17. ICICI Prudential Trust Limited 18. I-Process Services (I ndia) Limited Associates 19. Indi a Infradebt Limited 20. Arteri a Technologies Private Limited Page 5 ors
Page 26
ICICI Bank Limited ICICI Bank Towers Bandra Kurla Complex Mumbai 400 051 1 News Release October 17, 2026 Performance Review: Quarter ended September 30, 2026 • Profit before tax excluding treasury grew by 23.4% year-on-year to ₹ 19,954 crore (US$ 2.1 billion) in the quarter ended September 30, 2026 (Q2-2027) • Core operating profit grew by 21.8% year -on-year to ₹ 20,805 crore (US$ 2.2 billion) in Q2-2027 • Core operating profit excluding dividend from subsidiaries grew by 25.0% year-on-year to ₹ 20,342 crore (US$ 2.1 billion) in Q2-2027 • Profit after tax grew by 20.1% year-on-year to ₹ 14,843 crore (US$ 1.5 billion) in Q2-2027 • Total period-end deposits grew by 27.1% year-on-year to ₹ 20,49,874 crore (US$ 213.9 billion) at September 30, 2026 • Excluding FCNR (B) deposits, total deposits grew by 17.0% year -on-year at September 30, 2026 • Average deposits grew by 21.2% year-on-year to ₹ 18,88,219 crore (US$ 197.0 billion) in Q2-2027 • Total loan portfolio grew by 30.0% year-on-year to ₹ 18,31,580 crore (US$ 191.1 billion) at September 30, 2026 • Excluding loans provided by international branches of the Bank against FCNR (B) deposits, total loans grew by 24.1% year-on-year at September 30, 2026 • Net NPA ratio was 0.30% at September 30, 2026 • Total capital adequacy ratio was 16.68% and CET -1 ratio was 16.01% on a standalone basis, at September 30, 2026 The Board of Directors of ICICI Bank Limited (NSE: ICICIBANK, BSE: 532174, NYSE: IBN) at its meeting held at Mumbai today, approved the standalone and consolidated accounts of the Bank for the quarter ended September 30, 2026 (Q2-2027). The statutory auditors have conducted a limited review and have issued an unmodified report on the standalone and consolidated financial statements for the quarter ended September 30, 2026. ({)/CIC/ Bank
Page 27
ICICI Bank Limited ICICI Bank Towers Bandra Kurla Complex Mumbai 400 051 2 Profit & loss account • Profit before tax excluding treasury increased by 23.4% to ₹ 19,954 crore (US$ 2.1 billion) in Q2-2027 compared to ₹ 16,164 crore (US$ 1.7 billion) in the quarter ended September 30, 2025 (Q2-2026) • Core operating profit increased by 21.8% year-on-year to ₹ 20,805 crore (US$ 2.2 billion) in Q2-2027 from ₹ 17,078 crore (US$ 1.8 billion) in Q2-2026 • Core operating profit excluding dividend from subsidiaries increased by 25.0% year-on-year to ₹ 20,342 crore (US$ 2.1 billion) in Q2-2027 from ₹ 16,268 crore (US$ 1.7 billion) in Q2-2026 • Net interest income (NII) increased by 17.7% year-on-year to ₹ 25,339 crore (US$ 2.6 billion) in Q2-2027 from ₹ 21,529 crore (US$ 2.2 billion) in Q2-2026 • Net interest margin was 4.18% in Q2-2027 compared to 4.36% in Q1-2027 and 4.30% in Q2-2026. The benefit of interest on tax refund was negligible in Q2-2027 compared to 8 basis points in Q1-2027 and negligible in Q2-2026. Excluding the benefit of interest on tax refund, the net interest margin was 4.28% in Q1-2027. • Non-interest income, excluding treasury, increased by 12.5% year-on-year to ₹ 8,277 crore (US$ 864 million) in Q2-2027 from ₹ 7,356 crore (US$ 768 million) in Q2-2026 • Fee income increased by 20.1% year-on-year to ₹ 7,795 crore (US$ 813 million) in Q2- 2027 from ₹ 6,491 crore (US$ 677 million) in Q2-2026. Fees from retail, rural and business banking customers constituted about 75% of total fees in Q2-2027 • Operating expenses increased by 8.5% year -on-year to ₹ 12,811 crore (US$ 1.3 billion) in Q2-2027 from ₹ 11,807 crore (US$ 1.2 billion) in Q2-2026 • There was a treasury loss of ₹ 230 crore (US$ 24 million) in Q2-2027 as compared to gain of ₹ 151 crore (US$ 16 million) in Q1-2027 and ₹ 220 crore (US$ 23 million) in Q2-2026 primarily reflecting market movements • Provisions (excluding provision for tax) were ₹ 851 crore (US$ 89 million) in Q2-2027 compared to ₹ 914 crore (US$ 95 million) in Q2-2026. At September 30, 2026, the Bank continued to hold contingency provision of ₹ 13,100 crore (US$ 1.4 billion), and additional standard asset provision of ₹ 1,283 crore (US$ 134 million) made in Q3- 2026 as directed by RBI in respect of the agricultural priority sector portfolio • Profit before tax increased by 20.4% year-on-year to ₹ 19,724 crore (US$ 2.1 billion) in Q2-2027 from ₹ 16,384 crore (US$ 1.7 billion) in Q2-2026 • Profit after tax increased by 20.1% year-on-year to ₹ 14,843 crore (US$ 1.5 billion) in Q2-2027 compared to ₹ 12,359 crore (US$ 1.3 billion) in Q2-2026 Credit growth Total advances increased by 30.0% year-on-year and 12.3% sequentially to ₹ 18,31,580 crore (US$ 191.1 billion) at September 30, 2026 . Excluding loans provided by international branches of the Bank against FCNR (B) deposits, total loans grew by 24.1% year-on-year and 7.3% sequentially. The retail and rural loan portfolio grew by 14.8% year-on-year and 3.2% sequentially, and comprised 51.6% of the total loan portfolio at September 30, 2026. Including non-fund outstanding, the retail and rural portfolio was 43.0% of the total portfolio at September 30, 2026. The business banking portfolio grew by 33.8% year-on-year and 11.1% sequentially at September 30, 2026 . The domestic ({)/CIC/ Bank
Page 28
ICICI Bank Limited ICICI Bank Towers Bandra Kurla Complex Mumbai 400 051 3 corporate portfolio grew by 30.6% year-on-year and 10.4% sequentially at September 30, 2026. The domestic advances grew by 22.8% year-on-year and 6.8% sequentially at September 30, 2026 . The overseas loan portfolio was 7.8% of the overall loan book at September 30, 2026. Deposit growth Total period-end deposits increased by 27.1% year-on-year and 11.8% sequentially to ₹ 20,49,874 crore (US$ 213.9 billion) at September 30, 2026. Excluding FCNR (B) deposits, total deposits grew by 17.0% year-on-year and 3.1% sequentially at September 30, 2026. Average deposits increased by 21.2% year-on-year and 8.0% sequentially to ₹ 18,88,219 crore (US$ 197.0 billion) in Q 2-2027. Average current and savings account deposits increased by 10.7% year-on-year and 1.4% sequentially in Q2-2027. Average current account and savings account (CASA) ratio was 35.8% in Q2-2027, reflecting the increase in the term deposit base due to FCNR (B) deposit inflows. With the addition of 145 branches during H1-2027, the Bank had a network o f 7,656 branches and 12,143 ATMs & cash recycling machines at September 30, 2026. Asset quality The gross NPA ratio was 1.20% at September 30, 2026 compared to 1.38% at June 30, 2026 and 1.58% at September 30, 2025. The net NPA ratio was 0.30% at September 30, 2026 compared to 0.35% at June 30, 2026 and 0.39% at September 30, 2025. The gross NPA additions were ₹ 4,833 crore (US$ 504 million) in Q2-2027 compared to ₹ 5,034 crore (US$ 525 million) in Q2-2026. Recoveries and upgrades of NPAs, excluding write- offs and sale, were ₹ 3,620 crore (US$ 378 million) in Q2-2027 compared to ₹ 3,648 crore (US$ 381 million) in Q2-2026. The net additions to gross NPAs, excluding write-offs and sale, were ₹ 1,213 crore (US$ 127 million) in Q2-2027 compared to ₹ 1,386 crore (US$ 145 million) in Q2-2026. The Bank has written-off gross NPAs amounting to ₹ 1,592 crore (US$ 166 million) in Q2-2027. The provisioning coverage ratio on non-performing loans was 75.0% at September 30, 2026. Excluding NPAs, t he total fund based outstanding to all borrowers under resolution as per the various extant regulations/guidelines declined to ₹ 1,185 crore (US$ 124 million) at September 30, 2026 from ₹ 1,363 crore (US$ 142 million) at June 30, 2026 and ₹ 1,624 crore (US$ 169 million) at September 30, 2025. The loan and non-fund based outstanding to performing corporate borrowers rated BB and below was ₹ 3,547 crore (US$ 370 million) at September 30, 2026 compared to ₹ 3,485 crore (US$ 364 million) at June 30, 2026 and ₹ 3,661 crore (US$ 382 million) at September 30, 2025. At September 30, 2026, the Bank held total provisions, other than specific provisions on fund-based outstanding to borrowers classified as non -performing, amounting to ₹ 23,815 crore (US$ 2.5 billion) or 1.3% of loans. These provisions include the contingency provisions of ₹ 13,100 crore (US$ 1.4 billion) as well as general provision on standard assets, provisions held for non -fund based outstanding to borrowers classified as non - performing, loan and non -fund based outstanding to standard borrowers under ({)/CIC/ Bank
Page 29
ICICI Bank Limited ICICI Bank Towers Bandra Kurla Complex Mumbai 400 051 4 resolution and the BB and below portfolio . The Bank also continued to hold additional standard asset provision of ₹ 1,283 crore (US$ 134 million) made in Q3-2026 as directed by RBI in respect of the agricultural priority sector portfolio till completion of the review process. Capital adequacy The Bank’s total capital adequacy ratio at September 30, 2026 was 16.68% and CET-1 ratio was 16.01% compared to the minimum regulatory requirements of 11.70% and 8.20% respectively. The Bank purchased 2% additional shareholding in ICICI Life Insurance Limited for consideration of ₹ 1,470 crore (US$ 153 million) during Q2-2027. Consolidated results The consolidated profit after tax increased to ₹ 16,333 crore (US$ 1.7 billion) in Q2-2027 from ₹ 13,357 crore (US$ 1.4 billion) in Q2-2026 Consolidated assets grew by 22.6% year-on-year to ₹ 32,92,953 crore (US$ 343.6 billion) at September 30, 2026 from ₹ 26,86,485 crore (US$ 280.4 billion) at September 30, 2025. Key subsidiaries The annualised premium equivalent of ICICI Life Insurance increased to ₹ 4,935 crore (US$ 515 million) in H1-2027 from ₹ 4,286 crore (US$ 447 million) in H1-2026. Value of New Business (VNB) of ICICI Life increased to ₹ 1,283 crore (US$ 134 million) in H1-2027 from ₹ 1,049 crore (US$ 109 million) in H1-2026. The VNB margin was 26.0% in H1-2027 compared to 24.7% in FY2026 and 24.5% in H1-2026. The profit after tax increased to ₹ 374 crore (US$ 39 million) in Q2-2027 from ₹ 299 crore (US$ 31 million) in Q2-2026. The Gross Direct Premium Income (GDPI) of ICICI Lombard General Insurance Company (ICICI General) increased to ₹ 6,792 crore (US$ 709 million) in Q2-2027 from ₹ 6,596 crore (US$ 688 million) in Q2-2026. The combined ratio stood at 107.0% in Q2-2027 compared to 105.1% in Q2-2026. Excluding the impact of CAT losses of ₹ 118 crore (US$ 12 million) in Q2-2027 and ₹ 73 crore (US$ 8 million) in Q2-2026, the combined ratio was 105.3% and 103.8% respectively. The profit after tax of ICICI General increased to ₹ 946 crore (US$ 99 million) in Q2-2027 from ₹ 820 crore (US$ 86 million) in Q2-2026. The profit after tax of ICICI Prudential Asset Management Company, as per Ind AS, increased to ₹ 889 crore (US$ 93 million) in Q2-2027 from ₹ 838 crore (US$ 87 million) in Q2-2026. The profit after tax of ICICI Securities, on a consolidated basis, as per Ind AS , increased to ₹ 439 crore (US$ 46 million) in Q2-2027 from ₹ 425 crore (US$ 44 million) in Q2-2026. The profit after tax of ICICI Home Finance, as per Ind AS, increased to ₹ 220 crore (US$ 23 million) in Q2-2027 from ₹ 203 crore (US$ 21 million) in Q2-2026. ({)/CIC/ Bank
Page 30
ICICI Bank Limited ICICI Bank Towers Bandra Kurla Complex Mumbai 400 051 5 Summary Profit and Loss Statement (as per standalone Indian GAAP accounts) ₹ crore FY2026 Q2-2026 H1-2026 Q1-2027 Q2-2027 H1-2027 Audited Unaudited Unaudited Unaudited Unaudited Unaudited Net interest income 88,075 21,529 43,164 24,384 25,339 49,723 Non-interest income 29,560 7,356 14,620 8,425 8,277 16,702 - Fee income 25,742 6,491 12,391 7,286 7,795 15,081 - Dividend income from subsidiaries 3,458 810 2,146 1,110 463 1,573 - Other income 360 55 83 29 19 48 Less: Operating expense 47,234 11,807 23,201 12,574 12,811 25,385 Core operating profit1 70,401 17,078 34,583 20,235 20,805 41,040 Provisions 5,3802 914 2,729 1,260 851 2,111 Profit before tax excl. treasury 65,021 16,164 31,854 18,975 19,954 38,929 Treasury income 1,198 220 1,461 151 (230) (79) Profit before tax 66,219 16,384 33,315 19,126 19,724 38,850 Less: Provision for taxes 16,072 4,025 8,188 4,321 4,881 9,202 Profit after tax 50,147 12,359 25,127 14,805 14,843 29,648 1. Excluding treasury 2. During FY2026, following its annual supervisory review, the Reserve Bank of India had directed the Bank to make a standard asset provision of ₹ 1,283 crore (US$ 134 million) in respect of a portfolio of agricultural priority sector credit facilities wherein the terms of the facilities were found to be not fully compliant with the regulatory requirements for classification as agricultural priority sector lending. The Bank had undertaken an exercise to comprehensively review the current status of such loans with regards to their eligibility to be classified as agricultural priority sector lending. The Bank continues to hold the additional standard asset provision till completion of the review process. 3. Prior period numbers have been re-arranged wherever necessary
Page 31
ICICI Bank Limited ICICI Bank Towers Bandra Kurla Complex Mumbai 400 051 6 Summary Balance Sheet ₹ crore 30-Sep-25 31-Mar-26 30-Jun-26 30-Sep-26 Unaudited Audited Unaudited Unaudited Capital and liabilities Capital 1,429 1,432 1,435 1,436 Employee stock options outstanding 2,317 2,682 2,712 2,863 Reserves and surplus 3,07,696 3,33,257 3,49,344 3,56,295 Deposits 16,12,825 17,94,625 18,33,586 20,49,874 Borrowings (includes subordinated debt) 1,11,818 1,24,994 1,26,292 2,04,553 Other liabilities and provisions1 1,00,186 1,15,541 1,19,057 1,10,266 Total capital and liabilities 21,36,271 23,72,531 24,32,426 27,25,287 Assets Cash and balances with Reserve Bank of India 79,472 1,21,024 73,943 1,00,120 Balances with banks and money at call and short notice 57,209 1,09,311 89,104 1,44,268 Investments 4,99,592 4,92,217 5,38,534 5,57,4942 Advances 14,08,456 15,53,893 16,31,260 18,31,580 Fixed assets 13,273 13,922 13,813 14,049 Other assets 78,269 82,164 85,772 77,776 Total assets 21,36,271 23,72,531 24,32,426 27,25,287 1. The Bank continues to hold contingency provision of ₹ 13,100 crore (US$ 1. 4 billion) at September 30, 2026 2. The Bank purchased 2% additional shareholding in ICICI Life Insurance Limited for consideration of ₹ 1,470 crore (US$ 153 million) 3. Prior period figures have been re-grouped/re-arranged wherever necessary
Page 32
ICICI Bank Limited ICICI Bank Towers Bandra Kurla Complex Mumbai 400 051 7 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 the Bank has operations or which affect global or Indian economic conditions, inc rease in nonperforming 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 ba nking 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 the Bank believes 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 aft er 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 This release does not constitute an offer of securities. For further press queries please email Sujit Ganguli / Kausik Datta at sujit.ganguli@icici.bank.in / datta.kausik@icici.bank.in or corporate.communications@icici.bank.in For investor queries please email Abhinek Bhargava at abhinek.bhargava@icici.bank.in or Nitesh Kalantri at nitesh.kalantri@icici.bank.in or ir@icici.bank.in. 1 crore = 10.0 million US$ amounts represent convenience translations at US$1= ₹ 95.83