ICICI Bank's Q2 net profit rises 20% to Rs 14,843 crore
ICICI Bank reported a 20.1% rise in standalone net profit on strong loan growth and lower bad-loan provisions, according to ANI.
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what happened
ICICI Bank said its standalone net profit for the second quarter of fiscal 2026-27 rose 20.1% year on year to Rs 14,843 crore. The bank attributed the gain to strong loan growth and lower provisions for bad loans.
Net interest income climbed 17.7% to Rs 25,339 crore, while the net interest margin narrowed to 4.18% from 4.30% a year earlier. The gross NPA ratio fell to 1.20% from 1.58%. Total advances rose 30% and deposits grew 27.1%. On a consolidated basis, net profit reached Rs 16,333 crore, up about 22.3%.
The figures were reported by the Asian News International agency and published by ru.tradingview.com.
why it matters
The results strengthen the position of India's largest private lender, as asset quality improves and lending grows faster than deposits. The narrower margin, however, signals pressure on loan yields, which investors will watch in upcoming reports.
market impact
Indian banks: strong results and asset quality support ICICI Bank shares
tags
instruments
sources
- ICICI Bank Q2 net profit rises 20% to Rs 14,843 crore on strong loan growth, lower provisions — ru.tradingview.com, 17 October 2026 at 12:48 UTC
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