{
  "id": 15389674,
  "title": "ICICI Bank profit spurts 20% on NII; core profitability a tad lower on FCNR(B)",
  "url": "https://urgent.news/2026/10/18/icici-bank-profit-spurts-20-on-nii-core-profitability-a-tad-lower-on",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-18T04:42:18.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/stocks/earnings/icici-bank-profit-spurts-20-on-nii-core-profitability-a-tad-lower-on-fcnrb/articleshow/135023892.cms"
  },
  "original_language": "en",
  "account": "Mumbai's ICICI Bank experienced a notable 20% surge in its profit in the second quarter, driven by a substantial increase in net interest income (NII). The lender's standalone net profit rose to 19,510 crore from 18,640 crore a year earlier, buoyed by higher NII and a growing loan book. NII grew by 9.7% year-over-year to 34,620 crore, despite a softening in asset yields, which dampened core profitability. The bank's net interest margin (NIM), which measures core profits, dipped slightly to 3.16% from 3.27% a year earlier, while return on assets also declined to 1.78%. The uncertainty surrounding leadership succession has impacted the bank's market capitalization, which has plummeted by 27% in the past year.",
  "summary": "ICICI Bank reported a 20% rise in second-quarter net profit, helped by an 18% increase in core net interest income. However, core profitability edged lower as FCNR(B) deposits weighed on margins. NIM fell to 4.18%, while treasury operations swung to a loss amid higher government bond yields.",
  "key_points": [],
  "editors_take": null,
  "illustration": "https://urgent.news/ill/15389674.png",
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "The Economic Times - Top News",
        "title": "Axis Bank Q2 profit up 38% on loan growth",
        "url": "https://urgent.news/2026/10/18/axis-bank-q2-profit-up-38-on-loan-growth",
        "published": "2026-10-18T04:29:20.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "ICICI Bank ADR earnings missed, revenue was in line with estimates",
        "url": "https://urgent.news/2026/10/18/icici-bank-adr-earnings-missed-revenue-was-in-line-with-estimates",
        "published": "2026-10-18T10:13:09.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}