BANKING & FINANCE
ICICI Bank Eyes Sustainable Growth With AI-Led Banking Transformation
ICICI Bank has reaffirmed its strategy of pursuing risk-calibrated profitable growth while strengthening its digital capabilities, leveraging artificial intelligence (AI) and maintaining robust governance standards to remain resilient in an evolving banking landscape. In his message to shareholders in the ICICI Bank Annual Report 2026, Chairman Pradeep Kumar Sinha said the bank has optimised all […]
CW Bureau
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Jul 19, 2026
BANKING & FINANCE
ICICI Bank Q1 Net Profit Rises 16% To ₹14,805 Cr; Provisions See Decline
ICICI Bank reported a 15.9% year-on-year increase in standalone profit after tax (PAT) to ₹14,805 crore for the first quarter of FY27, driven by healthy growth in net interest income, strong fee income and sustained expansion in its loan portfolio. The private sector lender had posted a net profit of ₹12,768 crore in the corresponding […]
CW Bureau
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Jul 18, 2026
BANKING & FINANCE
ICICI Prudential Charts Promoter Shift Amid Prudential’s Bharti Life Deal
A proposed acquisition by Prudential Corporation Holdings Ltd is set to trigger significant governance changes at ICICI Prudential Life Insurance. In a regulatory filing, ICICI Prudential Life said its promoters, ICICI Bank and Prudential Corporation Holdings Ltd, have executed a Letter of Undertaking to address governance and management-related matters while Prudential pursues the acquisition of […]
CW Bureau
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Jul 5, 2026