Icici Bank Limited · NSE:ICICIBANK
Icici Bank — Q2 2024 Earnings Presentation
73 slides from Icici Bank's earnings presentation, Oct 21, 2023
Slide 1: Q2-2024: Performance review
Q2-2024: Performance review October 21, 2023
Slide 2: Forward-looking statements
Certain statements in this release relating to a future period of time (including inter alia concerning our future business plans or growth prospects) are forward-looking statements intended to qualify for the 'safe harbor' under applicable securities laws including the US Private Securities Litigat
Slide 3: Highlights for Q2-2024
Highlights for Q2-2024 3
Slide 4: Key highlights for Q2-2024 (1/2)
Key highlights for Q2-2024 (1/2) • Profit before tax excluding treasury, grew by 35.7% y-o-y to ₹ 137.31 bn in Q2-2024 Earnings • Core operating profit grew by 21.7% y-o-y to ₹ 143.14 bn in Q2-2024 • Provisions of ₹ 5.83 bn in Q2-2024 (0.21% of average advances) • Period-end total deposits grew by 1
Slide 5: Key highlights for Q2-2024 (2/2)
Key highlights for Q2-2024 (2/2) • Net NPA ratio was 0.43% at Sep 30, 2023 (Jun 30, 2023: 0.48%) • Net additions of ₹ 1.16 bn to gross NPAs in Q2-2024 (Q1-2024: ₹ 18.07 bn) Asset • Provision coverage was 82.6% at Sep 30, 2023 (Jun 30, 2023: 82.4%) quality • Fund based o/s of ₹ 35.36 bn (0.3% of adva
Slide 6: Operating performance
Operating performance 6
Slide 7: Profit & loss statement
Profit & loss statement (₹ billion) FY2023 Q2- H1- Q1- Q2- H1- Q2-o-Q2 2023 2023 2024 2024 2024 (%) Net interest income1 621.29 147.87 279.97 182.27 183.08 365.35 23.8% Non-interest income 198.83 51.39 97.68 51.83 58.61 110.44 14.0% - Fee income 180.01 44.80 87.23 48.43 52.04 100.47 16.2% - Dividend
Slide 8: Profit & loss statement
Profit & loss statement ₹ in billion FY2023 Q2- H1- Q1- Q2- H1- Q2-o-Q2 2023 2023 2024 2024 2024 (%) Core operating profit 491.39 117.65 220.38 138.87 143.14 282.01 21.7% Net provisions 66.661 16.44 27.88 12.92 5.83 18.75 (64.5)% - Contingency provisions 56.50 15.00 25.50 - - - - - Other provisions
Slide 9: Key ratios
Key ratios Q2- H1- Q1- Q2- H1- Percent FY2023 2023 2023 2024 2024 2024 Net interest margin1,2 4.48 4.31 4.16 4.78 4.53 4.65 Cost of deposits2 3.66 3.55 3.51 4.31 4.53 4.43 Cost-to-income 40.1 41.1 41.7 40.2 40.9 40.6 Core operating profit/average assets2 3.32 3.20 3.08 3.44 3.36 3.40 Provisions/core
Slide 10: Unconsolidated segment-wise PBT
Unconsolidated segment-wise PBT Profit before tax FY2023 Q2-2023 H1-2023 Q1-2024 Q2-2024 H1-2024 (₹ billion) Retail 175.34 45.33 83.43 41.79 48.95 90.74 Wholesale 157.85 37.18 74.06 40.80 46.70 87.50 Treasury 142.72 31.70 57.79 43.62 39.67 83.29 Others 4.80 1.15 2.23 2.26 1.14 3.40 Unallocated1 (56.
Slide 11: Balance sheet growth
Balance sheet growth 11
Slide 12: Deposits
Deposits (₹ billion) Sep 30, Jun 30, Sep 30, Y-o-Y % share at 2022 2023 2023 growth Sep 30, 2023 CASA 5,078.40 5,362.26 5,276.30 3.9% 40.8% - Current 1,453.56 1,610.33 1,553.04 6.8% 12.0% - Savings 3,624.84 3,751.93 3,723.26 2.7% 28.8% Term 5,821.68 7,025.11 7,671.12 31.8% 59.2% Total deposits 10,90
Slide 13: Loan portfolio
Loan portfolio Sep 30, Jun 30, Sep 30, Y-o-Y % share at (₹ billion) 2022 2023 2023 growth Sep 30, 20234 Retail 5,065.15 5,827.93 6,148.72 21.4% 54.3% Rural loans 799.04 905.54 937.57 17.3% 8.3% Business banking 635.72 748.71 828.33 30.3% 7.3% SME1 419.25 506.15 542.64 29.4% 4.8% Domestic corporate a
Slide 14: Retail portfolio
Retail portfolio (₹ billion) Sep 30, Jun 30, Sep 30, Y-o-Y % share at 2022 2023 2023 growth Sep 30, 2023 Mortgages 3,186.13 3,556.46 3,703.51 16.2% 60.2% Vehicle loans 726.18 830.00 870.43 19.9% 14.2% - Auto finance 446.14 524.65 553.61 24.1% 9.0% - Commercial vehicle and 262.32 281.95 294.67 12.3%
Slide 15: Growing digital platforms
Growing digital platforms 15
Slide 16: Robust digital platforms
Robust digital platforms Reliable, seamless and scalable platforms, delivering best in class customer experience Retail Internet iMobile Pay Banking 350+ iPlay Videos 400+ Services 400+ Services 100+ DIY Journeys Products 20 integrated with VKYC Digital Intuitive Secure and Ecosystem Improved Onboar
Slide 17: iMobile Pay – Universal Super App
iMobile Pay – Universal Super App Payments Savings Scan to Pay, Pay to Contact IMPS/NEFT/Quick transfers ~10mn Bill Payment and Activations from Deposits and Personal Recharge Non-ICICI Finance Management Bank account Spends Borrow holders1 Instant Loans, Cards, PayLater, Travel, Shopping and Offers
Slide 18: Simplifying money management
Simplifying money management iFinance My Investments Portfolio Consolidated Mutual Funds Link accounts of other banks All investments with ICICI Bank at one Import all MF holdings Track spending place Real time portfolio tracking Download statements Track your investments Complete vi
Slide 19: InstaBIZ: Universal app for Business Banking
InstaBIZ: Universal app for Business Banking New Developments Lead Indicators Average CA balances 1.9x v digitally active vs inactive customer3 Account UPI for aggregator corporate Payment transactions ~95% done digitally (in Aug Insta Positive LC & EPC Pay 2023)4 FX online Voice onboarding Enhancem
Slide 20: Digital solutions for merchant ecosystem
Digital solutions for merchant ecosystem • Super merchant account: Zero balance, swipe based benefits • Enabling Eazypay QR onboarding with the linkage of any Bank’s account • Digital POS solutions through Eazypay (POS, UPI, Cards, etc.) • PG: Eazypay Pro , POS: Eazypay Platinum 2.0 • Merchant modul
Slide 21: Digital Solutions for Cross Border Trade
Digital Solutions for Cross Border Trade Exports Export Settlement of Export Finance proceeds Incentive Business Incorporation & Regulatory Guidelines Insta EPC / EBRD eDOCS / eBRC Trade Partner Discovery & Analytics Smart Order TradeOneView Logistics & Cargo Imports Tracking Import Trade Direct LC
Slide 22: Industry specific STACKs
Industry specific STACKs Real Estate STACK Structured Solutions for Govt. & PSU entities • Customized end- to-end digitized solutions Simplifying Escrow solutions for Real Estate Ecosystem • Interoperability of multiple internal and external systems Key needs E-Tendering: A key Structured Solution C
Slide 23: Supply chain solutions
Supply chain solutions Receivables Payables Increased requirement from corporate clients for supply chain Solutions Solutions finance solutions for an efficient supply chain management Bespoke solutions to meet these corporate needs Vendor Bill Granular book with short-tenor & self-liquidating
Slide 24: Digital sourcing for retail products in H1-2024
Digital sourcing for retail products in H1-2024 Personal loan Credit cards (by volume) SIPs initiated (by volume) disbursements (by volume) 1 Mortgages Fixed deposits (Number of sanctions) (by volume) 24 1. Represents insignificant number
Slide 25: Digital payments: credit and debit cards
Digital payments: credit and debit cards Credit card spends Debit card spends 1 Credit card Issued 4.5 mn+ partnerships Amazon Pay cards 1. Excluding proprietory cards 25
Slide 26: Digital payments
Digital payments UPI: P2M1 transactions Electronic toll collections Volume: 44.5% y-o-y Value: 69.5% y-o-y 15.4% y-o-y Market share by value was 19.2% in Sep Market share by value was 29.9% in 2023 Q2-2024 1. Payments to merchants 26
Slide 27: Asset quality trends
Asset quality trends 27
Slide 28: NPA trends
NPA trends (₹ billion) Sep 30, Jun 30, Sep 30, 2022 2023 2023 Gross NPAs1 325.71 318.22 298.37 Less: cumulative provisions 264.72 264.40 247.91 Net NPAs1 60.99 53.82 50.46 Gross NPA ratio1 3.19% 2.76% 2.48% Net NPA ratio1 0.61% 0.48% 0.43% Provision coverage ratio 80.6% 82.4% 82.6% Non-fund o/s to N
Slide 29: NPA movement
NPA movement1 ₹ billion FY2023 Q2-2023 Q1-2024 Q2-2024 Opening gross NPA 339.20 331.63 311.84 318.22 Add: gross additions (1) 186.41 43.66 53.18 46.87 - Retail, rural and business banking 154.90 36.58 50.722 43.64 - Corporate and SME 31.51 7.08 2.46 3.23 Less: recoveries, upgrades and others (2) 166
Slide 30: Resolution under RBI frameworks
Resolution under RBI frameworks (₹ billion) 30-Sep-22 30-Jun-23 30-Sep-23 Retail, rural and business banking1 47.39 34.06 30.00 Corporate and SME1 19.74 5.40 5.36 Total fund based o/s1 67.13 39.46 35.36 Total fund based o/s as % of total advances 0.7% 0.4% 0.3% Provisions held on loans under resolut
Slide 31: Standard asset and other provisions
Standard asset and other provisions (₹ billion) Sep 30, Dec 31, Mar 31, Jun 30, Sep 30, 2022 2022 2023 2023 2023 Contingency provisions1 100.00 115.00 131.00 131.00 131.00 Provision on non-fund based o/s to 20.24 19.93 20.05 19.64 20.64 NPAs Provisions on fund based o/s to 20.59 15.29 13.80 12.24 11
Slide 32: Loan portfolio information
Loan portfolio information 32
Slide 33: Diversified and granular loan book
Diversified and granular loan book Breakup of loan portfolio1 at Sep 30, 2023 54.3% of total loans are retail3 2 1. Proportions are gross of BRDS/IBPC 2. Includes dealer funding, loan against shares and others 3. Including non-fund based outstanding, the share of retail portfolio was 46.0% of the to
Slide 34: Rating-wise loan book, excluding retail and rural portfolio
Rating-wise loan book, excluding retail and rural portfolio Mar 31, Mar 31, Mar 31, Mar 31, Jun 30, Sep 30, Rating category1 2020 2021 2022 2023 2023 2023 AA- and above 27.3% 35.3% 36.1% 46.9% 45.5% 44.5% A+, A, A- 36.9% 33.7% 35.7% 26.6% 26.7% 26.8% A- and above 64.2% 69.1% 71.8% 73.5% 72.2% 71.3%
Slide 35: Corporate and SME: BB and below
Corporate and SME: BB and below (₹ billion) Sep 30, Jun 30, Sep 30, 2022 2023 2023 BB and below outstanding1 76.38 42.76 47.89 - Fund and non-fund o/s to borrowers with loans under resolution 21.98 7.27 6.82 - Other borrowers with o/s greater than ₹ 1.00 bn2 32.55 15.03 21.91 - Other borrowers with
Slide 36: Mortgage portfolio
Mortgage portfolio Mortgage portfolio includes home loans ~70%, top-up loans given to existing home loan customers 6%, office premises loans ~5% and loan against property ~17% Home loans are geographically well diversified, built on fundamental premises of cashflow assessment of underlying borrower
Slide 37: Auto and two wheeler finance
Auto and two wheeler finance Auto loan portfolio comprises 84% new vehicles and 16% used vehicles Instant car loan disbursement, a industry first proposition, for pre-approved customers; delivery order is generated digitally in a seamless manner. The product won the ‘Best Automobile/Car Loan Product
Slide 38: Rural and personal loan and credit card portfolio
Rural and personal loan and credit card portfolio Rural loans Personal loans and credit cards Gold loans comprise ~2% and kisan credit cards Personal loan disbursements comprise ~2% of the total loan book increased sequentially with focus on cross-selling to our existing customers Leverage opportuni
Slide 39: SME and business banking portfolio
SME and business banking portfolio Growth driven by leveraging branch network and digital platforms such as InstaBIZ, Merchant STACK and Trade Online and efforts towards process decongestion such as e- signing of disbursement documents through EazySign Focus on parameterised and programme based lend
Slide 40: Exposure to power sector
Exposure to power sector (₹ billion) Sep 30, Jun 30, Sep 30, Share at Sep 2022 2023 2023 30, 2023 (%) Borrowers classified as NPA or part of BB and below portfolio1 64.02 44.79 43.82 9.9% Other borrowers 361.29 418.28 399.07 90.1% Total 425.31 463.07 442.89 100.0% • Of the other borrowers aggregatin
Slide 41: NBFCs, HFCs and builder portfolio
NBFCs, HFCs and builder portfolio Sep 30, Jun 30, Sep 30, Outstanding (₹ billion) 2022 2023 2023 NBFCs1 636.15 749.04 799.30 HFCs1 99.58 125.14 38.19 Builder portfolio (construction finance, lease rental discounting, term loans and working capital) 319.63 427.12 430.58 • Proportion of the NBFC and H
Slide 42: Portfolio of overseas branches
Portfolio of overseas branches Total outstanding1 at Sep 30, 2023: USD 3.32 billion The overseas non-India linked corporate portfolio reduced by 26.9% year-on-year or about USD 115 million at Sep 30, 2023 1. Corporate fund and non-fund outstanding of overseas branches, net of cash/bank/insurance bac
Slide 43: Concentration risk ratios
Concentration risk ratios Mar 31, Mar 31, Mar 31, Mar 31, Jun 30, Sep 30, Advances 2020 2021 2022 2023 2023 2023 Exposure to top 20 borrowers1 as a % of total 11.0% 12.1% 9.6% 8.5% 8.7% 8.6% exposure Exposure to top 10 groups 12.1% 11.6% 10.3% 10.1% 10.5% 10.1% as a % of total exposure • All top 20
Slide 44: Capital
Capital 44
Slide 45: Strong capital position
Strong capital position Jun 30, 20231 Sep 30, 20232 (₹ billion) % (₹ billion) % Total capital 1,931.51 16.71 1,939.11 16.07 - Tier I 1,850.17 16.00 1,852.06 15.35 - of which: CET1 1,838.77 15.90 1,840.66 15.26 - Tier II 81.34 0.70 87.05 0.72 Risk weighted assets 11,562.20 12,064.06 - On balance shee
Slide 46: Group companies
Group companies 46
Slide 47: Profit after tax of key subsidiaries and associates
Profit after tax of key subsidiaries and associates Profit after tax (₹ billion) Q2- H1- Q1- Q2- H1- FY2023 2023 2023 2024 2024 2024 ICICI Prudential Life Insurance 8.11 1.99 3.55 2.07 2.44 4.51 ICICI Lombard General Insurance 17.29 5.91 9.40 3.90 5.77 9.68 ICICI Prudential Asset Management1 15.16 4
Slide 48: Insurance entities
Insurance entities ICICI Prudential Life Insurance • Value of new business (VNB) was ₹ 10.15 billion in H1-2024 (H1-2023: ₹ 10.92 billion) • VNB margin was 28.8% in H1-2024 (FY2023: 32.0%) • Annualised premium equivalent (APE) was ₹ 35.23 billion in H1-2024 (H1-2023: ₹ 35.19 billion) • New business
Slide 49: ICICI Securities and ICICI AMC
ICICI Securities and ICICI AMC ICICI Securities • Retail equity market share increased from 10.6% in Q2-2023 to 12.81% in Q2-2024 • Market share in commodity trading segment2 increased from 5.5% in Q2-2023 to 7.8% in Q2-2024 • NSE active clients3 market share at 5.7% at September 30, 2023 ICICI AMC
Slide 50: Environmental, Social and Governance (ESG) initiatives
Environmental, Social and Governance (ESG) initiatives 50
Slide 51: ESG at ICICI Bank
ESG at ICICI Bank Environment Social Governance Promoting sustainable practices Striving to create value for Being responsible and transparent stakeholders Framework for Sustainable Committed to maintaining Financing for categorization of Credit facilities extended to highest standards of sustainabl
Slide 52: Thank you
PICICI Bank Thank you
Slide 53: Additional financial information
Additional financial information 53
Slide 54: Yield, cost and margin
Yield, cost and margin Movement in yield, costs & FY2023 Q2-2023 H1-2023 Q1-2024 Q2-2024 H1-2024 margins (Percent)1 Yield on total interest-earning 7.87 7.59 7.39 8.74 8.64 8.69 assets2 - Yield on advances 8.94 8.63 8.38 9.86 9.81 9.83 Cost of funds 3.93 3.78 3.73 4.60 4.78 4.69 - Cost of deposits 3
Slide 55: Consolidated profit & loss statement
Consolidated profit & loss statement (₹ billion) Q2-o-Q2 FY2023 Q2-2023 H1-2023 Q1-2024 Q2-2024 H1-2024 growth Net interest income 705.23 168.53 319.23 207.38 210.30 417.68 24.8% Non-interest income 651.12 163.27 293.87 149.78 183.54 333.32 12.4% - Fee income 228.72 41.07 79.70 61.96 68.88 130.84 67
Slide 56: Consolidated profit & loss statement
Consolidated profit & loss statement (₹ billion) Q2-o-Q2 FY2023 Q2-2023 H1-2023 Q1-2024 Q2-2024 H1-2024 growth Operating profit 531.96 124.97 236.20 156.59 154.74 311.33 23.8% Contingency provisions 56.50 15.00 25.50 - - - - Other provisions 12.90 1.53 2.34 13.45 6.49 19.94 - Profit before tax 462.5
Slide 57: Key ratios (consolidated)
Key ratios (consolidated) Percent FY2023 Q2-2023 H1-2023 Q1-2024 Q2-2024 H1-2024 Return on equity1 17.3 16.5 16.2 19.4 18.9 19.2 Weighted average EPS1 (₹) 48.9 45.6 44.1 61.2 61.9 61.6 Book value (₹) 307 280 280 323 331 331 slide 9 1. Annualised for all interim periods 57
Slide 58: Balance sheet: liabilities
Balance sheet: liabilities (₹ billion) Sep 30, 2022 Jun 30, 2023 Sep 30, 2023 Net worth 1,825.07 2,109.66 2,160.49 - Equity capital 13.94 14.00 14.01 - Reserves 1,811.13 2,095.66 2,146.48 Deposits 10,900.08 12,387.37 12,947.42 - Current 1,453.56 1,610.33 1,553.04 - Savings 3,624.84 3,751.93 3,723.26
Slide 59: Composition of borrowings
Composition of borrowings (₹ billion) Sep 30, 2022 Jun 30, 2023 Sep 30, 2023 Domestic 946.36 876.14 883.38 - Capital instruments 128.15 39.54 39.66 - Other borrowings 818.21 836.60 843.73 - Long term infrastructure bonds 408.24 457.39 459.09 - Refinance 253.04 338.65 325.81 Overseas borrowings1 352.
Slide 60: Consolidated balance sheet
Consolidated balance sheet (₹ billion) Sep 30, 2022 Jun 30, 2023 Sep 30, 2023 Cash & bank balances 1,385.46 1,274.29 1,291.02 Investments 5,941.92 6,927.09 7,152.64 Advances 10,002.91 11,248.75 11,821.09 Fixed & other assets 1,001.25 948.84 983.75 Total assets 18,331.54 20,398.97 21,248.50 Net worth
Slide 61: Branch and ATM network
Branch and ATM network Branches % share at Mar 31, Mar 31, Mar 31, Mar 31, Jun 30, Sep 30, Sep 30, 2020 2021 2022 2023 2023 2023 2023 Metro 1,585 1,542 1,567 1,709 1,775 1,838 29.4% Urban 1,067 1,063 1,074 1,160 1,203 1,250 20.0% Semi urban 1,546 1,537 1,599 1,712 1,753 1,797 28.8% Rural 1,126 1,124
Slide 62: Balance sheet: assets
Balance sheet: assets (₹ billion) Sep 30, Jun 30, Sep 30, 2022 2023 2023 Cash & bank balances 1,249.13 1,062.47 1,094.62 Investments 3,330.31 3,981.40 4,132.53 - SLR investments 2,871.75 3,346.24 3,480.84 - Equity investment in subsidiaries1 69.78 69.78 69.78 Advances 9,385.63 10,575.83 11,105.42 Fi
Slide 63: Equity investment in subsidiaries
Equity investment in subsidiaries (₹ billion) Sep 30, Jun 30, Sep 30, 2022 2023 2023 ICICI Prudential Life Insurance 32.75 32.75 32.75 ICICI Bank Canada 9.96 9.96 9.96 ICICI Bank UK 9.70 9.70 9.70 ICICI Home Finance 13.62 13.62 13.62 ICICI Securities Limited 1.22 1.22 1.22 ICICI Securities Primary D
Slide 64: Portfolio composition
Portfolio composition Sep 30, 2022 Jun 30, 2023 Sep 30, 2023 Domestic 92.3% 93.5% 93.4% International 7.7% 6.5% 6.6% Total consolidated advances 10,003 11,249 11,821 (₹ billion) slide 13 64
Slide 65: Retail, rural and business banking NPAs
Retail, rural and business banking NPAs Sep 30, Jun 30, Sep 30, ₹ in billion 2022 2023 2023 Gross retail, rural and business banking NPAs 123.43 129.35 128.52 - as a % of gross advances 1.88% 1.71% 1.61% Net retail, rural and business banking NPAs 47.81 43.83 44.25 - as a % of net advances 0.74% 0.5
Slide 66: Sector-wise exposures
Sector-wise exposures Top 10 sectors1: % of total Mar 31, Mar 31, Mar 31, Mar 31, Jun 30, Sep 30, exposure of the Bank 2020 2021 2022 2023 2023 2023 Retail finance2 32.2% 33.9% 36.3% 38.3% 38.8% 39.2% Services – finance 8.4% 9.9% 8.9% 8.7% 8.9% 8.4% Rural 4.9% 6.3% 5.8% 6.2% 6.2% 6.1% Banks 6.4% 7.9
Slide 67: Consolidated capital adequacy
Consolidated capital adequacy Basel III (%) Jun 30, Sep 30, 20231 20232 Total capital 16.59% 15.94% - Tier I 15.87% 15.23% - of which: CET 1 15.78% 15.15% - Tier II 0.72% 0.71% • Including profits for H1-2024, CET 1 ratio was 16.63%, Tier I ratio was 16.72% and total capital adequacy ratio was 17.43
Slide 68: Insurance entities
Insurance entities ICICI Life (₹ billion) FY2023 Q2-2023 Q1-2024 Q2-2024 Annualised premium equivalent 86.40 19.99 14.61 20.62 - Of which: protection 15.04 3.80 3.44 3.90 Assets under management 2,511.91 2,442.79 2,664.20 2,719.03 Expense ratio1 21.5% 19.9% 27.7% 25.0% ICICI General (₹ billion) FY20
Slide 69: ICICI Bank UK
ICICI Bank UK (USD million) FY2023 Q2-2023 H1-2023 Q1-2024 Q2-2024 H1-2024 Net interest income 52.6 12.0 22.9 17.4 16.5 33.9 Operating profit 21.7 0.2 4.1 11.0 8.0 19.0 Loans and advances 997.2 973.1 973.1 1,083.6 1,056.6 1,056.6 Deposits 1,617.4 1,174.8 1,174.8 1,660.7 1,591.1 1,591.1 - Retail term
Slide 70: ICICI Bank UK asset and liability profile
ICICI Bank UK1 Asset profile Liability profile 2 Total assets: USD 2.13 bn Total liabilities: USD 2.13 bn 1. At Sep 30, 2023 2. Includes cash & advances to banks and T Bills 70
Slide 71: ICICI Bank Canada
ICICI Bank Canada (CAD million) FY2023 Q2-2023 H1-2023 Q1-2024 Q2-2024 H1-2024 Net interest income 84.2 19.9 32.4 27.4 30.7 58.1 Operating profit 65.6 15.7 25.6 21.7 27.4 49.1 Loans and advances 5,182.1 5,147.2 5,147.2 5,191.8 5,269.8 5,269.8 - Residential mortgages 3,741.5 3,739.7 3,739.7 3,729.4 3
Slide 72: ICICI Bank Canada asset and liability profile
ICICI Bank Canada1 Asset profile Liability profile 2 4 3 Total assets: CAD 5.96 bn Total liabilities: CAD 5.96 bn 1. At Sep 30, 2023 2. Includes cash & placements with banks and government securities 3. Insured mortgages include CAD 2,263.19 million of securitised mortgages at Sep 30, 2023 (Jun 30,
Slide 73: ICICI Home Finance
ICICI Home Finance1 (₹ billion) Jun 30, 2023 Sep 30, 2023 Loans and advances 181.86 193.66 Gross impaired loans (stage 3)2 5.49 4.83 Net impaired loans (stage 3) 3.10 2.39 Capital adequacy ratio 23.26% 21.96% slide 47 1. As per Ind AS 2. Includes commercial real estate loans of ₹ 0.61 billion at Sep