Banking On Loan Growth

ICICI Bank is among India's most structurally strong private banks, backed by consistent financial performance, superior risk management, and a well-diversified business franchise.

- Shrikant Chouhan, Executive Vice President and Head of Equity Research Kotak Securitiess

It has built a high-quality balance sheet over the years, reflected by stable margins, asset quality, and industry-leading return ratios.

Although loan and deposit growth moderated this quarter, its NIM was healthy at 4.30 per cent, driven by the bank's strong liability franchise, retail deposit base, and high proportion of floating-rate loans, which allowed it to quickly transmit rate movements. Fee income trends are equally encouraging, supported by diversified retail fees on cards, distribution income, and transaction banking, which provides a strong cushion in periods of slower credit growth.