Financial Statements of ICICI Bank Limited

Independent Auditors’ Report – Consolidated Financial Statements

Consolidated Financial Statements of ICICI Bank Limited and its Subsidiaries

Statement Pursuant to Section 129 of Companies Act, 2013

Basel Pillar 3 Disclosures

Glossary of Terms

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ICICI BANK AT A GLANCE

ICICI Bank is a large private sector bank in India offering a diversified portfolio of financial products and services to retail, SME and corporate customers. The Bank has an extensive network of branches and ATMs. It is at the forefront of leveraging technology and offering services through digital channels like mobile and internet banking.

VISION

To be the trusted financial services provider of choice for our customers, thereby creating sustainable value for our stakeholders.

MISSION

To grow our risk-calibrated core operating profit by:

  • Delivering products and services that create value for customers.
  • Bringing together all our capabilities to seamlessly meet customer needs.
  • Conducting our business within well-defined risk tolerance levels.

₹ 15.74 trillion

Consolidated Total Assets

₹ 313.51 billion

Core Operating Profit*

₹ 161.93 billion

Profit After Tax*

19.12 %

Total Capital Adequacy Ratio

3.69 %

Net Interest Margin*

21 %

Increase in Total Deposits year-on-year

41 %

Average CASA Ratio*

55 %

Retail Portfolio as a proportion of total Portfolio (including non-fund based outstanding)

20 %

Growth in Retail Loans year-on-year

*During fiscal 2021; others at March 31, 2021

iMobile Pay

ICICI Bank launched ‘iMobile Pay’, a payment and banking services app that can be used by customers of any bank, in December 2020. Within five months of the launch, over 2.5 million customers of other banks have activated the app.

Coolest Workplace

ICICI Bank has been recognised as 'India’s Coolest Workplace' by ‘Business Today’ magazine in the Banking, Financial Services and Insurance (BFSI) sector for the fifth year in a row. This ranking is based on the annual survey - ‘India’s Coolest Workplaces’.**

90% digital
transactions

Over 90% of savings account transactions (financial and non-financial) are done through digital channels.***

Highest market share
in FASTag

The Bank is the leader in electronic toll collection transactions done through FASTag with a 35.5% market share by value at the end of fiscal 2021.

UPI transactions
increase by 3.3X

ICICI Bank's UPI payments to merchants transactions increased 3.3 times in value and 1.9 times in volume, year-on-year in fiscal 2021.

Video KYC

ICICI Bank launched Video KYC to empower customers to complete the Know Your Customer (KYC) process through video interaction. The Bank is the first in the industry to offer this facility for opening salary accounts, availing a personal loan and a credit card.

EMI @ Internet
Banking

The ‘EMI @ Internet Banking’ service of ICICI Bank allows pre-approved customers to convert their high-value online purchases into instant EMIs. The Bank is the first in the industry to introduce this facility.

Over 580,000
individuals trained

ICICI Foundation for Inclusive Growth, the CSR arm of the ICICI Group, has trained over 580,000 less privileged individuals since its inception till March 31, 2021, helping them to earn a sustainable livelihood.

90% instant
personal loans

ICICI Bank sourced around 90% of all personal loans instantaneously in fiscal 2021.

75% credit cards issued digitally

The Bank issued close to 75% of all credit cards digitally to customers in fiscal 2021.

**Earlier known as ‘Best Companies to Work For'

***Digital transactions include transactions on internet, iMobile, point-of-sale, touch-banking, phone banking and debit card use for e-commerce