ICICI Bank earned interest income of Rs 41,966 crore in Q3FY26, up 1.6% compared to Rs 41,300 crore reported in the corresponding period of the last fiscal. The lender paid Rs 20,034 crore as interest in the quarter under review, down 4.3% from Rs 20,929 crore in the same period last year.The Board of Directors of ICICI Bank today approved the reappointment of Sandeep Bakhshi for a further period of two years from October 4, 2026 to October 3, 2028. His tenure would end on October 3, 2026.
ICICI Bank’s net interest income (NII) rose 7.7% year-on-year from Rs 21,932 crore in Q3FY26 compared to Rs 20,371 crore in Q3FY25, while net interest margin (NIM) stood at 4.30% in Q3FY26 compared to 4.25% in Q3FY25 and 4.30% in Q2FY26.
Core operating profit grew 6% year-on-year to Rs 17,513 crore in Q3FY26, compared to Rs 16,516 crore in the quarter ended December 31, 2024 (Q3-2025).
Non-interest income, excluding government bonds, rose 12.4% year-on-year to Rs 7,525 crore in Q3FY26, compared to Rs 6,697 crore in Q3FY25. Fee income rose 6.3% year-on-year from Rs 6,572 crore in Q3FY26, compared to Rs 6,180 crore in Q3FY25. Reimbursements from retail, rural and business banking customers accounted for approximately 78% of total reimbursements in the third quarter of 2026.
Credit growth
Net domestic advances increased 11.5% year-on-year and 4.0% sequentially at December 31, 2025, compared to 10.6% and 3.3% at September 30, 2025. The retail loan portfolio grew 7.2% year-on-year and 1.9% sequentially, comprising 51.2% of the total loan portfolio at December 31 2025. Including outstanding non-funds, the retail portfolio amounted to 42.2% of the total portfolio as of December 31, 2025.
The corporate banking portfolio grew 22.8% year-on-year and 4.7% sequentially as of December 31, 2025.
The rural portfolio grew 4.9% year-on-year and 7.2% sequentially as of December 31, 2025.
Deposit growth
Average deposits rose 8.7% YoY and 1.8% sequentially to Rs 15,86,088 crore in Q3 2026. Average deposits in checking and savings accounts rose 8.9% YoY and 1.5% sequentially in Q3 2026. Total deposits at the end of the period rose 9.2% annualized to Rs 16,59,611 crore as on December 31, 2025 (Rs 16,12,825 crore) as on September 30, 2025).
Asset quality
The gross NPA ratio stood at 1.53% as on December 31, 2025, compared to 1.58% as on September 30, 2025 and 1.96% as on December 31, 2024. The net NPA ratio stood at 0.37% as on December 31, 2025, compared to 0.39% as on September 30, 2025 and 0.42% as on December 31. 2024.
Gross NPA additions stood at Rs 5,356 crore in Q3FY26, compared to Rs 6,085 crore in Q3FY25.
The bank typically witnesses higher NPA additions from the Kisan credit card portfolio in the first and third quarters of a financial year, the company filing said.
NPA recoveries and upgrades, excluding write-offs and sales, stood at Rs 3,282 crore in Q3FY26, compared to Rs 3,392 crore in Q3FY25. Net additions to gross NPAs, excluding depreciation and sales, stood at Rs 2,074 crore in Q3FY26, compared to Rs 2,693 crore in Q3FY25.
The bank has written off gross NPAs worth Rs 2,046 crore in the third quarter of 2026. The coverage ratio of provisions for non-performing loans was 75.4% as of December 31, 2025
Network
With the addition of 402 branches over the nine months of 2026, the Bank had a network of 7,385 branches and 11,983 ATMs and cash recycling machines as of December 31, 2025.
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