ICICI Bank Q3FY26: Net Profit Falls 4% YoY; Sandeep Bakhshi Re-Appointed As MD & CEO For 2 More Yrs

ICICI Bank Ltd. reported its earnings for the December quarter on Saturday, January 17, and its provisions were at ₹2,556 crore compared to ₹1,227 crore in the year-ago period. ICICI Bank said the Reserve Bank of India (RBI) has directed it to make a standard asset provision of ₹1,283 crore in respect of a portfolio of agricultural priority sector credit facilities, wherein the terms of the facilities were found to be not fully compliant with the regulatory requirements for classification as agricultural priority sector lending (PSL).


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