ICICI Bank, India's second-largest private sector bank, reported a robust 16% year-on-year rise in net profit for Q1 FY27 to ₹14,805 crore, driven by healthy growth in net interest income and stable .
₹14,805 crore
Net Profit Q1 FY27
Q1 FY26: ₹12,768 crore→₹14,805 crore
📊 One chart explains it
ICICI Bank Net Profit Growth (Y-o-Y %)
Takeaway: ICICI Bank has shown consistent double-digit profit growth over the past five quarters, demonstrating sustained strong performance.
⏳ Time Machine
How today’s news fits into the bigger picture
2015
RBI's Asset Quality Review (AQR)
The RBI initiated an aggressive review, forcing banks, including ICICI, to recognize and provision for bad loans, leading to a period of lower profits and balance sheet clean-up.
FY18-FY19
High NPA Levels Pressure Banks
During this period, ICICI Bank, like many others, reported elevated levels of Gross NPAs, necessitating significant provisioning and impacting profitability. Its GNPA peaked at around 8.84% in Q4 FY18.
April 2020
COVID-19 Loan Moratorium Announced
The RBI introduced a loan moratorium to provide relief during the pandemic. While it prevented immediate NPA recognition, concerns about future mounted, prompting banks to build extra provisions.
FY24
Record Profit on Clean Balance Sheet
ICICI Bank reported record profits, reflecting a significant improvement in and strong growth in its retail and SME loan books, leveraging its cleaned-up balance sheet.
April 2026
FCNR(B) Deposit Inflows Anticipated
With the RBI incentivizing FCNR(B) deposits, private banks like ICICI started aggressively courting NRI funds to boost their deposit base and manage liquidity.
July 2026
Q1 FY27 Robust Performance
ICICI Bank reported a 16% Y-o-Y profit jump, with NII up 14% and GNPA down to 2.50%, showcasing strong operational and metrics.
Today
ICICI Bank reported a 16% rise in Q1 FY27 net profit, driven by strong NII and stable asset quality.
What happens next?
The bank will aim to sustain robust NII growth and maintain asset quality amidst intensifying competition for deposits in the coming quarters.
ICICI Bank's net profit surged by **16%** year-on-year to **₹14,805 crore** in the first quarter of FY27, largely propelled by a strong **14%** growth in Net Interest Income (NII) to **₹34,100 crore**. The bank maintained a stable Net Interest Margin (NIM) at **4.55%**. Asset quality also improved, with Gross Non-Performing Assets (GNPA) falling to **2.50%** from 2.60% last quarter, and Net NPAs at a healthy **0.48%**. Advances grew by 18% and deposits by 17%, indicating strong business momentum. Fee income saw a solid 19% increase, contributing to a well-rounded performance.
💭 If you're wondering…
Asset quality refers to the health of a bank's loan book, specifically how likely borrowers are to repay their loans. High asset quality means fewer bad loans (NPAs) and less risk for the bank.
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