ICICI Bank Ltd

ICICI Bank Ltd is a diversified financial services group providing a broad spectrum of banking and financial services to corporate and retail customers. Beyond core banking, the company offers life and general insurance, asset management, securities brokerage, and private equity products through specialized subsidiaries. At year-end fiscal 2026, ICICI Bank reported consolidated total assets of Rs. 29,145.0 billion. Consolidated capital, reserves, and surplus, including outstanding employee stock options, stood at Rs. 3,630.6 billion, with a consolidated net profit (after minority interest) of Rs. 542.1 billion for fiscal 2026. The primary business focuses on commercial banking for both retail and corporate clients. Retail commercial banking includes lending, deposit-taking, and various fee-based products. For corporate customers, the bank provides loan products, fee and commission-based services, deposit products, and foreign exchange and derivatives products to large corporations, middle-market companies, and small and medium enterprises. Agricultural and rural banking products are also offered. The company generates interest and fee income from these commercial banking operations. Products and services are delivered through multiple channels, including bank branches, ATMs, call centers, the internet, and mobile phones. As of year-end fiscal 2026, ICICI Bank operated a network of 7,511 branches and 12,087 ATMs and cash recycler machines in India. Internationally, the bank had banking subsidiaries in the United Kingdom and Canada, and branches in the United States (New York), Dubai International Finance Centre, Bahrain, Hong Kong, Singapore, China, an Offshore Banking Unit in Mumbai, and an IFSC Banking Unit in Gandhinagar. In May 2026, the bank received a no-objection letter from the Reserve Bank of India to close its Offshore Banking Unit in the Santacruz Electronic Exports Promotion Zone, Mumbai. Representative offices were located in the United Arab Emirates (Dubai, Abu Dhabi, and Sharjah), the United States (Texas, California, Illinois, and New Jersey), Nepal, Bangladesh, Sri Lanka, Malaysia, and Indonesia. The UK subsidiary also has a branch in Germany.