ICICI Bank Q4 Profit Rises To Rs 14,755 Crore

By BPN News Desk April 20, 2026

Business Finance

ICICI Bank reported a rise in profit for the March quarter of FY26, with consolidated net profit increasing 9.28% year-on-year to Rs 14,755 crore. The quarterly performance was supported by lower provisions, steady credit growth and continued strength in core banking operations. On a standalone

Business Finance

ICICI Bank Extends CEO’s Tenure by Two Years

By BPN News Desk January 19, 2026

ICICI Bank has approved a two-year extension for Managing Director and Chief Executive Officer Sandeep Bakhshi, deferring succession-related discussions at the country’s second-largest private sector lender. The decision extends his tenure beyond the previously scheduled end, subject to regulatory and shareholder approvals. Board Cites Continuity The bank’s board said the

Business Finance

ICICI Bank Cuts Minimum Balance After Customer Backlash

By BPN News Desk August 14, 2025

Following widespread public criticism, ICICI Bank has significantly rolled back its earlier plan to raise the minimum average balance (MAB) requirements for new savings accounts across India. What Changed Initially, from August 1, the bank had increased the MAB for metro and urban areas from Rs 10,000 to Rs 50,000 — a fivefold hike. Semi-urban […]

Business

ICICI Wanted to Acquire HDFC, Reveals Deepak Parekh

By BPN News Desk June 21, 2025

In a candid revelation, Deepak Parekh, former Chairman of HDFC Ltd, disclosed that ICICI Bank once proposed to acquire HDFC—long before the landmark merger between HDFC Ltd and HDFC Bank was finalized. The disclosure was made during a conversation on Chanda Kochhar’s YouTube channel, where the former ICICI Bank CEO herself had made the informal […]