ICICIBANKNSEICICI Bank Limited· BanksHighPositive
Announced Sat, 18 Apr · 15:13 IST

ICICI Bank Limited has informed the Exchange that Board of Directors at its meeting held on April 18, 2026, recommended a Dividend of Rs. 12/- (Rupees Twelve only) per equity share of face value Rs. 2/- each, subject to requisite approvals. The dividend on equity shares will be paid after same is approved by the Members at the ensuing Annual General Meeting of the Bank.

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ICICIBANK · price

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AI summary

ICICI Bank's Board recommended a dividend of Rs. 12 per equity share (face value Rs. 2) for FY2026, subject to shareholder approval at the ensuing AGM. The bank reported strong standalone net profit of Rs. 50,146.64 crore for FY2026, up 6.2% from Rs. 47,226.99 crore in FY2025. Total standalone income grew to Rs. 200,703.68 crore from Rs. 191,770.48 crore. Basic EPS improved to Rs. 70.21 from Rs. 67.01. The bank also approved annual fund-raising limits of Rs. 250 billion for domestic debt and USD 1.50 billion for overseas markets, and extended the tenure of Group Chief Risk Officer Mr. G. Srinivas till July 2028. Asset quality improved with gross NPA at 1.67% and net NPA at 0.33%.

Likely market impact

The 6.2% rise in annual profit and higher EPS indicate strong financial health. The dividend recommendation signals positive cash flow generation and rewards shareholders. Improved asset quality metrics and capital adequacy of 17.18% reinforce the bank's financial stability.