ICICI Bank Reports 8.5% Yearly Profit Growth in Q4 FY26
ICICI Bank Q4 results: Profit rises 8.5% YoY
Mint
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ICICI Bank reported an 8.5% year-on-year increase in standalone profit for Q4 FY26, reaching ₹13,701.68 crore. This marks a significant 21% rise from the previous quarter. The bank also announced plans to raise ₹250 billion through debt securities and $1.50 billion in international markets.
- 01ICICI Bank's Q4 FY26 profit rose to ₹13,701.68 crore, an 8.5% increase YoY.
- 02Sequential profit growth was 21%, up from ₹11,317.86 crore in Q3 FY26.
- 03Total standalone income for Q4 FY26 was ₹50,584.38 crore, a 1.8% YoY increase.
- 04The bank plans to raise ₹250 billion through domestic debt securities.
- 05G. Srinivas's tenure as Group Chief Risk Officer has been extended until July 31, 2028.
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ICICI Bank announced its standalone profit for the fourth quarter of FY26, which increased by 8.5% year-on-year to ₹13,701.68 crore compared to ₹12,629.58 crore in the same quarter last year. The profit also saw a 21% sequential rise from ₹11,317.86 crore in Q3 FY26. The bank's total standalone income for the March quarter reached ₹50,584.38 crore, reflecting a 1.8% increase from ₹49,690.87 crore in Q4 FY25. Additionally, ICICI Bank's board approved a fundraising strategy that includes issuing debt securities, allowing for up to ₹250 billion in the domestic market and $1.50 billion in international markets over the next year. The bank also extended the tenure of G. Srinivas as Group Chief Risk Officer until July 31, 2028.
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The bank's profit growth could lead to increased lending capacity, potentially benefiting homebuyers and businesses seeking loans.
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