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NSE · updates every 20s
Key ratios
Market Cap
₹10.46 L Cr
P/E
19.26x
EPS
₹75.71
ROE
16.26%
Debt / Equity
5.93
OPM
—%
Net Margin
27.77%
Price
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◆ What They Do
ICICI Bank is India's second-largest private bank. It takes deposits and lends to consumers and businesses, and is a leader in digital banking. It also owns valuable insurance, asset-management and broking arms. After cleaning up a risky past, it now runs conservatively.
🏦
Retail Loans
The growth engine
🏢
Corporate
Business lending
💳
Digital & Cards
iMobile leader
◆ Business Model
💰Gather Deposits
→🧠Lend Smart
→📱Digital Cross-sell
→📈Spread + Fees
A cleaned-up risk culture plus a best-in-class app let ICICI grow retail lending fast without repeating old mistakes.
◆ Why It Wins · Moat
💰
Deposit Franchise
A large, low-cost deposit base built over decades.
📱
Digital Edge
iMobile and its ecosystem lead among Indian banks.
🛡️
Risk Discipline
A rebuilt, conservative underwriting culture.
🏬
Scale & Reach
Nationwide branches and a big customer base.
🛡️
Subsidiaries
Insurance, AMC and broking arms add hidden value.
◆ Growth Drivers
- 🌏 Retail credit growth in an under-borrowed India.
- 📱 Digital-first banking widening reach cheaply.
- 🏢 SME and business banking expansion.
- 🛍️ Rising consumption driving loans and cards.
- 🛡️ Value building in insurance and AMC arms.
◆ Compounding Flywheel
Discipline + Digital
More Deposits
Cheap Funds
Smart Lending
Low Losses
Higher Returns
- A strong deposit base funds cheap lending.
- Careful underwriting keeps losses low.
- The app deepens relationships and cross-sell.
- Higher returns rebuild trust and capital.
- Which pulls in the next wave of customers.
▲ Key Risks
- ▲ Credit cycle: defaults rise in a downturn.
- ▲ RBI regulation on rates and lending rules.
- ▲ Competition for deposits and borrowers.
- ▲ Interest-rate swings affect the lending spread.
- ▲ Valuation now reflects the successful turnaround.