ICICI Bank reports Rs. 56,037 crore net income under US GAAP in FY26

ICICI Bank filed its annual report in Form 20-F for the year ended March 31, 2026, with the US Securities and Exchange Commission on July 20, 2026. The filing reveals a consolidated net income of Rs. 56,037 crore (US$ 5,972 million) under US GAAP, compared to a consolidated profit after tax of Rs. 54,208 crore (US$ 5,777 million) under Indian GAAP. Stockholders' equity under US GAAP stood at Rs. 409,093 crore (US$ 43.6 billion), significantly higher than the consolidated net worth of Rs. 363,060 crore (US$ 38.7 billion) reported under Indian GAAP.

The reconciliation between the two accounting standards highlights key differences primarily relating to allowance for loan losses, business combinations, consolidation, valuation of securities and derivatives, amortization of fees and costs, securitization, income taxes, and fixed assets. The Audit Committee of the Board approved the consolidated financial statements included in the report.

Financial Reconciliation

The following table summarizes the key financial metrics under both accounting standards as of March 31, 2026:

Metric (Rs. crore)	Indian GAAP	US GAAP
Profit / Net Income	54,208	56,037
Net Worth / Equity	363,060	409,093

Regulatory Filing Details

Pursuant to its issuance and listing of securities in the United States, icici bank is required to file the annual report in Form 20-F as per US securities laws and regulations. The document includes the Bank's consolidated financial statements prepared under Indian GAAP, along with the required reconciliation to US GAAP and a description of the differences between the two frameworks.

Copies of the Form 20-F are available on the SEC website or the Bank's website under the "About Us/Annual reports" section. Shareholders may obtain a copy of the complete audited financial statements free of charge by writing to the Company Secretary at ICICI Bank Towers, Bandra Kurla Complex, Mumbai, or via email.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.53%	+2.34%	+6.53%	+6.80%	-1.71%	+119.64%

icici bank has scheduled its 32nd Annual General Meeting (AGM) for Friday, August 21, 2026, at 11:00 a.m. IST. The meeting will be conducted through Video Conferencing and Other Audio Visual Means (VC/OAVM) to transact ordinary and special business. The Bank has fixed Friday, August 14, 2026, as the cut-off date to determine member eligibility for remote e-voting and participation during the AGM.

The Board of Directors, at their meeting held on April 18, 2026, recommended a dividend of ₹12 per fully paid-up equity share of face value ₹2 each for the financial year ended March 31, 2026. The record date for determining eligibility for this dividend, if declared at the AGM, is August 3, 2026. Shareholders must submit necessary tax documents by August 3, 2026, at 6:00 p.m. IST to ensure appropriate tax deduction at source.

E-voting and Participation Details

Members can participate in the AGM through the VC/OAVM facility. The Bank has appointed National Securities Depository Limited (NSDL) to facilitate electronic voting. The remote e-voting period commences on Monday, August 17, 2026, at 9:00 a.m. IST and concludes on Thursday, August 20, 2026, at 5:00 p.m. IST. Members who cast votes remotely cannot change them later or vote again during the meeting.

Event	Date and Time
AGM Date	August 21, 2026, at 11:00 a.m. IST
Remote E-voting Start	August 17, 2026, at 9:00 a.m. IST
Remote E-voting End	August 20, 2026, at 5:00 p.m. IST
Cut-off Date	August 14, 2026
Dividend Record Date	August 3, 2026

Document Access and KYC Requirements

The Notice of AGM and Annual Report 2025-26 were sent electronically on July 18, 2026, to members with registered email addresses. Physical copies are available upon request. The documents are accessible on the Bank's website, BSE Limited, and National Stock Exchange of India Limited.

Members holding shares in dematerialised form must update KYC details with their Depository Participants. Those holding physical shares are mandatorily required to submit Form ISR-1 to KFin Technologies Limited to facilitate dividend payments, which will be made exclusively through electronic mode.