ICICI Bank, a leading private sector lender in Mumbai, India, reported a net profit of ₹13,702 crore for the quarter ending March 2026, marking an 8.5% increase from the previous year. The bank's domestic corporate loan book grew by 9.3% year-on-year, while retail and rural loans showed even stronger growth rates of 9.5% and 25.6%, respectively. Executive Director Sandeep Batra stated that the ongoing conflict in West Asia has not yet impacted the bank's performance, although it may have future implications for GDP growth in FY27. Batra emphasized the need for careful monitoring of economic indicators related to small businesses, acknowledging that some economic impact is likely. The bank's gross bad loans stood at 1.4%, a decrease from previous quarters, indicating improved asset quality. Analysts have responded positively to the bank's credit performance, noting a 16% year-on-year growth in loans after a period of slower growth. However, deposit growth remained modest compared to market trends, reflecting a strategic decision to protect net interest margins. Additionally, the bank faced a treasury book loss of ₹106 crore in Q4 FY26 due to new RBI regulations on net open positions.