ICICI Bank Limited has announced its participation in the Investor Education and Protection Fund Authority's (IEPFA) second "100 Days Campaign - Saksham Niveshak," aimed at helping shareholders claim unpaid dividends and update their Know Your Customer (KYC) details. The bank has formally notified both BSE Limited and National Stock Exchange of India Limited about this initiative through official correspondence dated April 25, 2026.

Campaign Details and Timeline

The second "100 Days Campaign - Saksham Niveshak" was re-initiated by IEPFA following a communication dated March 27, 2026 from the Ministry of Corporate Affairs (MCA). The campaign runs from April 01, 2026 to July 09, 2026, specifically targeting shareholders whose dividends remain unpaid or unclaimed and whose KYC and other details require updates.

Shareholder Action Requirements

Shareholders of ICICI Bank Limited who have unpaid or unclaimed dividends with the bank, or whose KYC details including PAN, bank account details, contact information, and nomination details have not been updated, are requested to take immediate action. The bank has specified that shareholders need to contact the company's Registrar and Share Transfer Agent (RTA) for equity shares.

Contact Information for Shareholders

Shareholders must reach out to KFin Technologies Limited, which serves as the RTA for ICICI Bank Limited:

Documentation and Resources

To facilitate the process, ICICI Bank has made KYC forms available for download from the company website at https://www.icicibank.com/about-us/invest-relations . The bank has also published newspaper advertisements in Financial Express (all editions) to ensure widespread awareness of this campaign among its shareholders.

Regulatory Compliance

The initiative demonstrates ICICI Bank's commitment to regulatory compliance and shareholder engagement. The formal notification to stock exchanges, signed by Company Secretary Prachiti D. Lalingkar, ensures transparency and proper documentation of the bank's participation in this government-backed campaign to protect investor interests and prevent the transfer of unpaid dividends to the Investor Education and Protection Fund.

ICICI Bank has submitted transcripts of its earnings call and media conference held on April 18, 2026, to discuss the financial results for the quarter and year ended March 31, 2026. The transcripts have been uploaded to the bank's official website and submitted to stock exchanges under Regulation 30. The bank delivered strong quarterly performance with significant improvements across key financial metrics and asset quality indicators.

Q4FY26 Financial Performance

The bank reported robust earnings growth in the fourth quarter, with profit after tax increasing 8.5% year-on-year to ₹13,702 crore, beating analyst expectations. Core operating profit grew by 5.1% year-on-year and 4.5% quarter-on-quarter to ₹18,305 crore, demonstrating consistent operational strength. Net interest margin improved to 4.32% in Q4-2026 compared to 4.30% in Q3-2026. The bank achieved a Return on Assets (RoA) of 2.4%, representing best-in-class performance. Fee income grew by 7.5% year-on-year to ₹6,779 crore, while operating expenses increased 12% year-on-year to ₹12,089 crore. The profit before tax excluding treasury grew by 10.1% year-on-year to ₹18,209 crore.

Asset Quality Improvements

ICICI Bank demonstrated significant improvement in asset quality metrics during the quarter. The bank's gross NPA ratio improved to 1.40% from 1.67% year-on-year, while net NPA ratio further strengthened to 0.33% from 0.39% year-on-year and 0.37% quarter-on-quarter. The provisions and contingencies dropped dramatically by 96% quarter-on-quarter to ₹96 crore, indicating substantial improvement in credit costs and near-zero credit costs. The provisioning coverage ratio on non-performing loans stood at 75.8% at March 31, 2026. The bank continues to hold contingency provisions of ₹13,100 crore at March 31, 2026.

Business Growth Metrics

The bank maintained strong growth momentum across its lending portfolio with total loan growth accelerating to 15.8% year-on-year and 6% quarter-on-quarter. The retail loans segment expanded by 9.5% year-on-year, while the business banking portfolio showed robust growth of 24.4% year-on-year. The mortgage portfolio grew by 13.2% year-on-year. Total deposits increased by 11.4% year-on-year and 8.1% quarter-on-quarter. Average current and savings account deposits increased by 11.3% year-on-year. The bank opened 126 branches during Q4-2026 and 528 branches in the last 12 months, reaching a network of 7,511 branches and 12,087 ATMs and cash recycling machines at March 31, 2026.

Capital Position and Dividend

The Board of Directors has recommended a dividend of ₹12 per equity share for FY2026, subject to requisite approvals. ICICI Bank maintained strong capital adequacy with a Common Equity Tier 1 ratio of 16.35% and total capital adequacy ratio of 17.18% at March 31, 2026, after accounting for the proposed dividend. The bank had net worth of about ₹3.4 lakh crore at March 31, 2026.

Analyst Ratings and Outlook

Multiple brokerages have issued positive ratings on ICICI Bank following the strong Q4FY26 performance. Kotak Institutional Equities has set a Buy rating with the highest target price of ₹1,800. Morgan Stanley has issued an Overweight rating with ₹1,705 target price. Citigroup and UBS have both issued Buy ratings with target prices of ₹1,720, while CLSA has set an Outperform rating with a target price of ₹1,700. Jefferies has issued a Buy rating with ₹1,670 target price, Nomura has established a Buy rating with ₹1,620 target price, Investec has issued a Buy rating with ₹1,625 target price, and Bernstein has set an Outperform rating with ₹1,550 target price.