ICICI Bank Announces Equity Share Allotment Under Employee Stock Option Scheme

ICICI Bank , one of India's leading private sector banks, has recently announced the allotment of equity shares under its Employee Stock Option Scheme (ESOS). This move is part of the bank's ongoing efforts to incentivize and retain its valuable employees.

Key Details of the Allotment

• Date of Allotment: March 10, 2023
• Type of Security: Equity Shares
• Number of Shares Allotted: 62,700
• Face Value: ₹2 per share

Impact on Share Capital

Following this allotment, ICICI Bank's paid-up share capital has seen a slight increase. The updated figures are as follows:

Significance of Employee Stock Option Schemes

Employee Stock Option Schemes are an important tool for companies to align the interests of their employees with those of the shareholders. By offering equity ownership, ICICI Bank aims to:

1. Motivate employees to contribute to the long-term success of the bank
2. Retain top talent in a competitive banking industry
3. Foster a sense of ownership and commitment among staff

Conclusion

This latest allotment of equity shares under the ESOS demonstrates ICICI Bank's commitment to its human capital. As the banking sector continues to evolve, such initiatives play a crucial role in maintaining a motivated and dedicated workforce.

Moody's Ratings has reaffirmed ICICI Bank 's Baa3 long-term deposit ratings and baseline credit assessment (BCA) with a stable outlook, underscoring the bank's robust financial position and consistent performance in the Indian banking sector.

Key Highlights

• Moody's affirmed ICICI Bank's Baa3 long-term deposit ratings and baa3 BCA
• The stable outlook reflects expectations of continued strong financial performance
• ICICI Bank's diversified loan portfolio and above-industry-average profitability were cited as key strengths

Financial Performance

ICICI Bank's financial metrics demonstrate its strong position in the market:

The bank's profitability has shown significant improvement, with net profit increasing by 20.91% year-over-year to ₹54,418.70 crore in FY 2025. This growth is supported by a 24.81% increase in total revenue, reaching ₹294,586.90 crore.

Strength in Retail Banking

Moody's highlighted ICICI Bank's strong retail franchise as a key factor in its rating affirmation. The bank's access to low-cost deposits has contributed to its funding stability and profitability. As of September 2025, ICICI Bank reported a robust Common Equity Tier 1 ratio of 16.1%, which provides a substantial cushion against unexpected risks.

Asset Quality and Diversification

The bank's asset quality remains better than the industry average, with a gross non-performing loan (NPL) ratio of 1.6% as of September 2025, compared to the industry average of 2.3% as of March 2025. This reflects ICICI Bank's prudent risk management practices and the diversification of its loan portfolio.

Outlook and Future Prospects

Moody's stable outlook for ICICI Bank is based on expectations that the bank will maintain its strong financial performance. The rating agency anticipates that ICICI's profitability will remain largely stable, supported by healthy net interest margins and diversified non-interest income.

The bank's capital position is expected to remain adequate, with internal capital generation supporting its solvency. ICICI Bank's substantial holdings of government securities also provide adequate liquidity buffers, further strengthening its financial position.

Conclusion

The affirmation of ICICI Bank's Baa3 credit rating by Moody's reflects the bank's strong fundamentals and its important position in the Indian banking sector. With its diversified portfolio, robust retail franchise, and consistent financial performance, ICICI Bank is well-positioned to navigate the evolving economic landscape and maintain its competitive edge in the market.