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As of 2026-08-25
On August 21, 2026, ICICI Bank's Board of Directors approved a revised borrowing limit of up to USD 5.00 billion for issuing bonds, notes, or offshore Certificates of Deposits in overseas markets. This decision was made to consider revising the fund raising limit through these instruments.
For the quarter ended June 30, 2026 (Q1 FY2026-27), ICICI Bank reported Revenue From Operations of ₹79,689.22 crore, Earnings Per Share of ₹21.54 per share, and a Net Profit Margin of 20.34%.
On August 24, 2026, ICICI Bank experienced unusually high trading volume without a clear directional price move. Additionally, on August 7, 2026, a significant downward price movement of 3.29 standard deviations was recorded.
On a daily basis, ICICI Bank is in a weak downtrend, with its closing price below the 20-day Simple Moving Average. Weekly, the trend is described as a weak uptrend, with the price above the 20-day Exponential Moving Average. Volatility is considered high on a weekly basis.
Key support levels identified are S1 at ₹1388.01, S2 at ₹1355.94, S3 at ₹1328.25, S4 at ₹1219.44, and S5 at ₹1190.32. Key resistance levels are R1 at ₹1419.01, R2 at ₹1435.06, R3 at ₹1464.81, and R4 at ₹1497.25.
As of June 2025, Domestic Institutional Investors (DIIs) held 44.77% and Foreign Institutional Investors (FIIs) held 45.83%. Projections for June 2026 show DIIs at 39.94% and FIIs at 34.48%.
Showing 3 of 18 candles
Recent drawdown and price variability remain within the producer's contained-risk thresholds.
Trading volume was unusually high, but the closing price did not show a clear directional move.
This indicates increased participation without a clear directional signal.
Downward price movement of 3.29 standard deviations recorded on 2026-08-07.
Unusual market activity that may warrant review of the underlying price, volume, or news context.
Latest complete financial results for Q1 FY2027 and comparative quarterly trends.
| Metric | Q1 FY2026-27(Latest) | Q4 FY2025-26 | Q3 FY2025-26 | Q2 FY2025-26 | Q1 FY2025-26 |
|---|---|---|---|---|---|
| Income | ₹79,689.22 crore | PEAK₹84,613.66 crore | ₹76,782.08 crore | ₹76,146.59 crore | ₹74,576.03 crore |
| Operating Profit Before Provision And Contingencies | PEAK₹22,604.33 crore | ₹21,004.88 crore | ₹20,400.58 crore | ₹19,973.89 crore | ₹21,316.81 crore |
| Expenditure Excluding Provisions And Contingencies | ₹57,084.89 crore | PEAK₹63,608.78 crore | ₹56,381.50 crore | ₹56,172.70 crore | ₹53,259.22 crore |
| Basic Earnings Per Share Before Extraordinary Items | PEAK₹21.54 per share | ₹20.62 per share | ₹17.54 per share | ₹18.71 per share | ₹19.02 per share |
| CET1 Ratio | 0.1611 | PEAK0.1625 | 0.1456 | 0.1494 | 0.1565 |
| Gross Non Performing Assets | ₹24,175.85 crore | ₹23,427.29 crore | ₹24,062.57 crore | ₹24,110.76 crore | PEAK₹24,938.87 crore |
For the quarter ended 30 June 2026, ICICI Bank Limited reported a sequential decline in total income but a rise in operating profit, as expenses fell more sharply. Earnings per share increased both sequentially and year-on-year. The gross non-performing asset ratio declined, indicating improved asset quality, even as absolute gross NPAs edged higher from the previous quarter. The CET1 ratio was 16.11%, slightly lower than the previous quarter but higher than a year ago.
Total income was ₹79,689.22 crore, a decrease of 5.82% from ₹84,613.66 crore in the previous quarter, but an increase of 6.86% from ₹74,576.03 crore a year earlier. The sequential decline was driven by a drop in other income, which fell to ₹27,448.37 crore from ₹35,019.91 crore. Interest earned increased to ₹52,240.85 crore from ₹49,593.75 crore.
Expenditure excluding provisions and contingencies fell 10.26% sequentially to ₹57,084.89 crore, down from ₹63,608.78 crore. This decline was primarily driven by operating expenses, which decreased to ₹34,021.17 crore from ₹41,561.97 crore. Interest expended increased slightly to ₹23,063.72 crore from ₹22,046.81 crore.
The sharper sequential decline in expenses relative to income led to an increase in operating profit before provisions and contingencies, which rose 7.61% sequentially to ₹22,604.33 crore. The ratio of expenses (excluding provisions) to total income decreased from 75.18% in the previous quarter to 71.64%.
Profit before tax from ordinary activities was ₹21,307.13 crore, up 2.71% from ₹20,744.21 crore in the previous quarter and 9.30% higher than ₹19,494.48 crore a year ago. The increase in profit before tax was partially offset by a rise in provisions and contingencies (other than tax), which increased to ₹1,297.20 crore from ₹260.67 crore in the prior quarter.
After a tax expense of ₹5,097.39 crore, profit after tax was ₹16,209.74 crore, compared to ₹15,611.87 crore in the previous quarter and ₹14,393.80 crore a year ago.
Basic earnings per share rose to ₹21.54 from ₹20.62 in the previous quarter and ₹19.02 a year ago, representing a sequential increase of 4.46% and a year-on-year increase of 13.25%.
Gross non-performing assets stood at ₹24,175.85 crore, an increase of 3.2% from ₹23,427.29 crore in the previous quarter, but a decrease of 3.06% from ₹24,938.87 crore a year ago. The gross NPA ratio improved to 1.38% from 1.41% in the previous quarter. The net NPA ratio edged up to 0.38% from 0.37%.
The CET1 ratio was 16.11%, slightly lower than the 16.25% recorded in the previous quarter, but higher than 15.65% a year ago.
Segment profit before tax was ₹21,373.61 crore, which was close to the overall profit before tax of ₹21,307.13 crore. Segment revenue from operations matched total income at ₹79,689.22 crore.
ICICI Bank’s first quarter showed a sequential decline in total income due to lower other income, but operating profit rose as operating expenses fell sharply. The gross NPA ratio improved, though net NPAs edged up slightly. The CET1 ratio remained above 16%, and earnings per share grew 13.25% year-on-year.
Exchange disclosures and regulatory announcements for ICICI Bank.
ICICI Bank informed exchanges of scheduled meetings with analysts and institutional investors. On August 28, 2026, at 16:15, it will hold a virtual meeting for the Morgan Stanley India Financials Investor Group Trip. On August 31 and September 1, 2026, at 06:30 each day, it will attend the Goldman Sachs Asia Leaders Conference 2026 in Hong Kong in person.
ICICI Bank disclosed a schedule of investor meets on August 24, 2026, under Regulation 30 of SEBI LODR. The events include a virtual group meet with Morgan Stanley on August 28, 2026, and an in-person group conference with Goldman Sachs from August 31 to September 1, 2026. The bank will refer to publicly available documents during these interactions.
ICICI Bank allotted 181,843 equity shares of face value Rs.2 each on August 24, 2026 under the Employees Stock Option Scheme-2000, approved by two Executive Directors at 1:33 p.m. pursuant to board delegation from October 21, 2023.
ICICI Bank Limited, through its IFSC Banking Unit, priced USD 1 billion Senior Unsecured Fixed Rate Notes on August 24, 2026, under its USD 7.5 billion Global Medium Term Note Programme. The 5-year notes carry a 5.410% coupon, with allotment on August 27, 2026, and maturity on August 27, 2031. Moody's and S&P assigned ratings of 'Baa3' and 'BBB', respectively. Proceeds will be used for general corporate purposes.
ICICI Bank Limited has informed the Exchange about Credit Rating |SUBJECT: Credit Rating
On August 24, 2026, ICICI Bank Limited priced USD 1 billion in Senior Unsecured Fixed Rate Notes through its IFSC Banking Unit under its USD 7.5 billion Global Medium Term Note Programme. The notes carry a 5.410% coupon, have a five-year tenure maturing on August 27, 2031, and received credit ratings of Baa3 from Moody's and BBB from S&P Global Ratings. Proceeds are designated for general corporate purposes, with the securities proposed for listing on the India International Exchange, NSE IFSC Limited, and SGX-ST.
ICICI Bank held its 32nd Annual General Meeting on August 21, 2026, where Managing Director & CEO Sandeep Bakhshi presented. For FY2026, profit before tax excluding treasury was ₹650.21 billion, profit after tax was ₹501.47 billion, total deposits grew 11.4% year-on-year, total advances grew 15.8% year-on-year, gross NPA ratio was 0.33%, and the Board recommended a dividend of ₹12 per share. For Q1-2027, profit before tax excluding treasury grew 20.9% year-on-year to ₹189.75 billion, profit after tax grew 15.9% year-on-year to ₹148.05 billion, total deposits grew 14.0% year-on-year to ₹18,335.86 billion, and total advances grew 19.6% year-on-year to ₹16,312.60 billion.
ICICI Bank Limited has informed the Exchange regarding Outcome of Board Meeting held on August 21, 2026. |SUBJECT: Outcome of Board Meeting
On August 21, 2026, ICICI Bank Limited's Board of Directors approved a revised limit for borrowings via bonds, notes, or offshore Certificate of Deposits in overseas markets, increasing the limit to up to USD 5.00 billion.
On August 21, 2026, ICICI Bank Limited's Board approved a revised borrowing limit of up to USD 5.00 billion for issuing bonds, notes, or offshore Certificates of Deposits in overseas markets. The decision was made during a meeting concluded at 10:44:00 on the same date, with prior intimation submitted to the stock exchange on August 18, 2026. Shareholder approval is not required as the fund raising falls within the overall existing limit.
ICICI Bank Limited's 32nd Annual General Meeting held on August 21, 2026, resulted in the approval of all proposed resolutions, including the appointment of new Independent Directors Ashwani Bhatia and Mrugank Paranjape, and the re-appointment of Sandeep Bakhshi as Managing Director & CEO effective October 4, 2026. The meeting also ratified the adoption of audited financial statements for the year ended March 31, 2026, declared a dividend, approved remuneration revisions for four senior executives, and authorized material related party transactions with subsidiaries ICICI Prudential Life Insurance Company Limited and ICICI Lombard General Insurance Company Limited, as well as associate India Infradebt Limited, for FY2028. Scrutinizer Vinita Nair of Vinod Kothari & Company certified that all resolutions were passed with the requisite majority following remote e-voting conducted between August 17 and August 20, 2026.
On August 21, 2026, ICICI Bank Limited completed the issuance of USD 750 million in Senior Unsecured Fixed Rate Notes through its IFSC Banking Unit under its USD 7.5 billion Global Medium Term Note Programme. The notes received credit ratings of BBB from S&P Global Ratings and Baa3 from Moody's Ratings. These securities are listed on the Global Securities Market of India International Exchange IFSC Limited, the Debt Securities Market of NSE IFSC Limited, and SGX-ST.
In continuation to our earlier letters dated August 18, 2026, please note that ICICI Bank Limited, acting through its IFSC Banking Unit, has today completed the issuance of USD 750 million Senior Unsecured Fixed Rate Notes (Notes) under the USD 7.5 billion Global Medium Term Note Programme of the Bank. The Notes are rated BBB by S&P Global Ratings and Baa3 by Moody s Ratings. The Notes will be listed at Global Securities Market of the India International Exchange IFSC Limited, Debt Securities Market of the NSE IFSC Limited and SGX-ST. |SUBJECT: General Updates
ICICI Bank held its 32nd Annual General Meeting on August 21, 2026, via video conferencing. All 18 resolutions, including the adoption of FY2026 financial statements, dividend declaration, re-appointment of MD & CEO Sandeep Bakhshi for two years from October 4, 2026, appointment of independent directors Ashwani Bhatia and Mrugank Paranjape, and material related party transactions with subsidiaries for FY2028, were passed with the requisite majority.
ICICI Bank allotted USD 750 million in 5-year unsecured debt securities on August 21, 2026, with a 5.417% coupon paid semi-annually on February 21 and August 21, maturing on August 21, 2031. The securities are proposed for listing on the Global Securities Market of India International Exchange IFSC Limited, the Debt Securities Market of NSE IFSC Limited, and SGX-ST. The board approved the issuance on July 18, 2026, and no shareholder approval was required as the fundraising was within previously approved limits.
ICICI Bank Limited has informed the Exchange about disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - This is to inform you that ICICI Bank Limited (Bank), acting through its IFSC Banking Unit, has, today at 1:39 a.m. IST priced USD 750 million Senior Unsecured Fixed Rate Notes under the USD 7.5 billion Global Medium Term Note Programme of the Bank. |SUBJECT: General Updates
ICICI Bank Limited, through its IFSC Banking Unit, priced USD 750 million in Senior Unsecured Fixed Rate Notes on August 18, 2026, under its USD 7.5 billion Global Medium Term Note Programme. The 5-year notes carry a 5.417% coupon, with allotment on August 21, 2026, and maturity on August 21, 2031. Proceeds will be used for general corporate purposes, and the notes are proposed for listing on exchanges in India and Singapore.
On August 17, 2026, ICICI Bank Limited allotted equity shares under its Employee Stock Option Scheme (ESOS), which was instituted in fiscal 2000 prior to SEBI LODR requirements. The allotment increased the paid-up share capital from INR 14,352,560,566 to INR 14,352,790,046 and raised the total number of shares from 7,176,280,283 to 7,176,395,023.
On August 18, 2026, ICICI Bank Limited disclosed that Moody's Ratings and S&P Global Ratings assigned 'Baa3' and 'BBB' ratings respectively to USD 750 million Senior Unsecured Fixed Rate Notes issued under its USD 7.5 billion Global Medium Term Note Programme. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, following an earlier announcement regarding the pricing of the notes.
On August 18, 2026, ICICI Bank Limited disclosed that Moody's Ratings and S&P Global Ratings assigned 'Baa3' and 'BBB' ratings, respectively, to USD 750 million Senior Unsecured Fixed Rate Notes issued under its USD 7.5 billion Global Medium Term Note Programme. The disclosure was submitted to the BSE and NSE in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Board Meeting Intimation |Meeting Date: 21-Aug-2026
ICICI Bank Limited scheduled its Board of Directors meeting for August 21, 2026, to consider revising the fund-raising limit through the issuance of bonds, notes, or offshore certificates of deposits in overseas markets. The company disclosed this agenda item as a compliance requirement under Regulations 29 and 50 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
ICICI Bank Limited's Board of Directors will meet on August 21, 2026, to consider revising the fund raising limit through the issuance of bonds, notes, or offshore certificates of deposit in overseas markets.
On August 17, 2026, ICICI Bank allotted 114,740 equity shares with a face value of Rs. 2 each to employees under the ICICI Bank Employees Stock Option Scheme-2000. The allotment was approved by two Executive Directors at 5:14 p.m. on the same date, exercising powers delegated by the Board of Directors during its meeting on October 21, 2023.
Recent market and company developments associated with ICICI Bank.
SunShine Pictures will list today on the stock exchanges. The issue opened for bidding on 18 August 2026 and it closed on 20 August 2026. The price band of the IPO was fixed between Rs 342 and 360 per share. The offer received bids for 58.04 crore shares as against 54.86 lakh shares on offer. The issue was subscribed 105.81 times.
The Indian equity markets experienced a downturn today, with the Nifty50 index finishing slightly above 24,200. Traders brace for heightened volatility amidst forthcoming US sanctions and the impending expiry of monthly futures and options. Key companies, such as Hindustan Copper and Tata Consultancy Services, are capturing market attention due to notable corporate news.
The bonds will mature in August 2031, with ICICI Bank using the proceeds for general corporate purposes. S&P has assigned the issue a ‘BBB’ rating.
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Goldman Sachs has begun its assessment of fourteen Indian banks, pinpointing its top selections. ICICI Bank and Kotak Mahindra Bank stand out with Buy ratings that indicate substantial upside potential. The firm anticipates a cyclical recovery in earnings across the banking sector. It forecasts that private banks will surpass their state-owned counterparts in performance over the next two years, buoyed by loan growth and enhanced liquidity.
This week was the busiest for forex debt issuance by Indian lenders. ICICI Bank, Kotak Mahindra Bank, IDFC First Bank, HDFC Bank and Bank of Baroda together raised a massive $4.4 billion, and the bulk of the proceeds may be used to help fund the leverage for foreign currency non-resident (bank) [FCNR (B)] deposits.
As per provisional closing data, the barometer index, the S&P BSE Sensex, ended flat at 77,540.83, up 3.11 points or 0.00%. The Nifty 50 index rose 20.15 points or 0.08% to 24,252.
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Indian banks are rushing to raise funds before the RBI closes the FCNR(B) scheme early, leading to deployment challenges and potential negative carry for some lenders.
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ICICI Bank’s year-to-date gain of 5.16% continues to stand out against the Nifty 50’s decline of 7.39% over the same period
Public sector banks offered many bad loans previously for sale. Nearly eighty percent of these loans were repeat sale attempts. Indian Overseas Bank and Indian Bank led these repeated offerings. Private sector banks showed a sharp contrast with few repeat sales. This highlights challenges in selling large legacy corporate accounts.
At 12:30 IST, the barometer index, the S&P BSE Sensex, declined 313.19 points or 0.41% to 76,904.66. The Nifty 50 index lost 100.95 points or 0.42% to 24,054.75.
Analysts have identified ICICI as a top pick among private sector banks, citing an expected 14% EPS compounded annual growth rate over FY26-28, and its top ranking on proprietary liability franchise scorecards
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July was a busy month for HDFC Mutual Fund, which ramped up its investments by increasing its stakes in about 422 stocks. Simultaneously, the fund reduced its involvement in 164 stocks, affecting numerous prominent companies. They integrated five new stocks and fully exited from J.B. Chemicals and Nilkamal. HDFC Mutual Fund now manages a total of around 703 stocks, heavily weighted towards financial services.
Under its Global Medium Term Note Programme
Sensex and Nifty 50 are set to open lower due to mixed global cues. Brent crude prices have risen amid US-Iran conflict tensions, raising concerns over energy supplies. Analysts suggest cautious trading with key levels for Nifty 50 and Bank Nifty indicating potential selling pressure.
According to Raamdeo Agrawal of Motilal Oswal, Indian equities may yield a promising fifteen percent annual return over the upcoming five years. However, foreign investors are currently drawn to more dynamic markets like South Korea and the US, deterred by India's capital gains tax and currency instability.
Private banks outpaced public sector undertaking peers on profit and deposit growth in the June quarter, while state-run lenders posted sharper improvements in asset quality and net interest income.
Comprehensive Section Breakdown for ICICI Bank
Strategic Vision: Indian financial services group offering universal banking and specialized subsidiaries.
Category: Financial Services
Collects deposits from consumer accounts and provides banking services through branches and digital apps.
Category: Financial Services
Collects deposits from business accounts and provides banking services through branches and digital apps.
Category: Financial Services
Provides lending, trade finance, and transaction services to corporate clients.
Category: Financial Services
Manages liquidity, funding, market risk, and regulatory reserves, and acts as a counterparty for corporate foreign exchange and hedging.
Category: Financial Services
Distributes term and savings products through the bank’s branches and digital apps.
Key Products & Services: ICICI Prudential Life Insurance
Category: Financial Services
Provides motor, health, and property insurance using the bank’s distribution channels.
Key Products & Services: ICICI Lombard General Insurance
Category: Financial Services
Offers investment products to the bank's client base.
Key Products & Services: ICICI Prudential AMC
Category: Financial Services
Provides retail trading accounts and investment banking, integrated with the bank's digital savings accounts.
Key Products & Services: ICICI Securities
Category: Financial Services
Specializes in housing finance and construction loans.
Key Products & Services: ICICI Home Finance
Category: Financial Services
Supports corporate clients with cross-border trade services and coordinates overseas representative branches.
Category: Financial Services
Manages foreign currency deposits, remittance transfers, and wealth management services for the Indian diaspora.
Core Thesis: The group leverages the bank's branch and digital distribution channels to offer products from its insurance, asset-management, and securities businesses.
• Universal Banking Model: The bank acts as a distribution network for the products of its subsidiaries and affiliates, offering multiple financial services through primary channels. • Digital Ecosystems & API Banking: Utilizes digital applications and platforms like ICICI STACK and InstaBIZ, and provides open API solutions for ERP integration. • International Operations & Trade Corridors: Operates an IFSC Banking Unit in GIFT City and establishes bilateral corridors through partnerships to facilitate cross-border transactions.
• Extensive distribution network through branches and digital channels.
• Integrated financial services ecosystem with specialized subsidiaries.
• Strategic partnerships for international trade facilitation.
• Digital platforms for retail and corporate clients.