Mumbai, January 17, 2026: ICICI Bank, India’s second-largest private lender, reported a standalone net profit of Rs 11,318 crore for the quarter ending December 31, 2025. This figure represents a 4 per cent decline compared to the Rs 11,792 crore earned during the same period in the previous financial year. The bank’s performance fell short of analyst estimates, which had projected a profit after tax of approximately Rs 12,346 crore.
A primary factor impacting the bottom line was a sharp increase in provisions, which rose by 108 per cent year-on-year to Rs 2,556 crore. This surge included a specific standard asset provision of Rs 1,283 crore related to a portfolio of agricultural credit facilities, following a recent regulatory review by the Reserve Bank of India. Despite the profit dip, the bank maintained steady growth in its core income streams, with net interest income rising by 7.7 per cent to Rs 21,932 crore and the net interest margin holding at 4.30 per cent.
The bank’s operational metrics showed healthy expansion, as domestic advances grew by 11.5 per cent year-on-year, driven largely by the business banking and rural portfolios. Total deposits also saw an upward trend, increasing by 9.2 per cent to reach Rs 16,59,611 crore by the end of December. Additionally, the board of directors approved the re-appointment of Sandeep Bakhshi as Managing Director and CEO for a further two-year term, effective from October 2026.
