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ICICI Bank profit spurts 20% on NII; core profitability a tad lower on FCNR(B)

Source: Economic Times · Oct 18, 2026 04:42 UTC

Wall Street in New York's Financial District with flags hanging from buildings — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

ICICI Bank reported a 20% rise in second-quarter net profit, helped by an 18% increase in core net interest income. However, core profitability edged lower as FCNR(B) deposits weighed on margins. NIM fell to 4.18%, while treasury operations swung to a loss amid higher government bond yields.

Read the full story at Economic Times

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