Performance Review: Q2----20142014 - ICICI Bank · 2013-12-18 · Performance Review: Q2----20142014 October 25, 2013. 2 ... During Q2- ---2014, the Bank transferred SLR securities

Performance Review: Performance Review: Performance Review: Performance Review: Q2Q2Q2Q2----2014201420142014

October 25, 2013October 25, 2013October 25, 2013October 25, 2013

2

Certain statements in these slides are forwardCertain statements in these slides are forwardCertain statements in these slides are forwardCertain statements in these slides are forward----looking statements. looking statements. looking statements. looking statements. These statements are based on management's current expectations These statements are based on management's current expectations These statements are based on management's current expectations These statements are based on management's current expectations and and and and are subject to uncertainty and changes in circumstances. Actual are subject to uncertainty and changes in circumstances. Actual are subject to uncertainty and changes in circumstances. Actual are subject to uncertainty and changes in circumstances. Actual results results results results may differ materially from those included in these statements dumay differ materially from those included in these statements dumay differ materially from those included in these statements dumay differ materially from those included in these statements due to a e to a e to a e to a variety of factors. More information about these factors is contvariety of factors. More information about these factors is contvariety of factors. More information about these factors is contvariety of factors. More information about these factors is contained in ained in ained in ained in ICICI Bank's filings with the US Securities and Exchange CommissICICI Bank's filings with the US Securities and Exchange CommissICICI Bank's filings with the US Securities and Exchange CommissICICI Bank's filings with the US Securities and Exchange Commission.ion.ion.ion.

All financial and other information in these slides, other than All financial and other information in these slides, other than All financial and other information in these slides, other than All financial and other information in these slides, other than financial financial financial financial and other information for specific subsidiaries where specificaland other information for specific subsidiaries where specificaland other information for specific subsidiaries where specificaland other information for specific subsidiaries where specifically ly ly ly mentioned, is on an unconsolidated basis for ICICI Bank Limited mentioned, is on an unconsolidated basis for ICICI Bank Limited mentioned, is on an unconsolidated basis for ICICI Bank Limited mentioned, is on an unconsolidated basis for ICICI Bank Limited only only only only unless specifically stated to be on a consolidated basis for ICIunless specifically stated to be on a consolidated basis for ICIunless specifically stated to be on a consolidated basis for ICIunless specifically stated to be on a consolidated basis for ICICI Bank CI Bank CI Bank CI Bank Limited and its subsidiaries. Please also refer to the statementLimited and its subsidiaries. Please also refer to the statementLimited and its subsidiaries. Please also refer to the statementLimited and its subsidiaries. Please also refer to the statement of of of of unconsolidated, consolidated and segmental results required by Iunconsolidated, consolidated and segmental results required by Iunconsolidated, consolidated and segmental results required by Iunconsolidated, consolidated and segmental results required by Indian ndian ndian ndian regulations that has, along with these slides, been filed with tregulations that has, along with these slides, been filed with tregulations that has, along with these slides, been filed with tregulations that has, along with these slides, been filed with the stock he stock he stock he stock exchanges in India where ICICI Bankexchanges in India where ICICI Bankexchanges in India where ICICI Bankexchanges in India where ICICI Bank’’’’s equity shares are listed and with s equity shares are listed and with s equity shares are listed and with s equity shares are listed and with the New York Stock Exchange and the US Securities and Exchange the New York Stock Exchange and the US Securities and Exchange the New York Stock Exchange and the US Securities and Exchange the New York Stock Exchange and the US Securities and Exchange Commission, and is available on our website Commission, and is available on our website Commission, and is available on our website Commission, and is available on our website www.icicibank.comwww.icicibank.comwww.icicibank.comwww.icicibank.com

3

Q2Q2Q2Q2----2014: 2014: 2014: 2014: Performance highlights Performance highlights Performance highlights Performance highlights ProfitabilityProfitabilityProfitabilityProfitability

� 20.2% increase in standalone profit after tax from 20.2% increase in standalone profit after tax from 20.2% increase in standalone profit after tax from 20.2% increase in standalone profit after tax from `̀̀̀19.56 19.56 19.56 19.56 bnbnbnbn in Q2in Q2in Q2in Q2----2013 2013 2013 2013 (July(July(July(July----September 2012) to September 2012) to September 2012) to September 2012) to `̀̀̀23.52 23.52 23.52 23.52 bnbnbnbn in Q2in Q2in Q2in Q2----2014 (July2014 (July2014 (July2014 (July----September 2013) September 2013) September 2013) September 2013) � Net interest income increased by 20.0% yearNet interest income increased by 20.0% yearNet interest income increased by 20.0% yearNet interest income increased by 20.0% year----onononon----

year; year; year; year; net interest margin improved from 3.00% in net interest margin improved from 3.00% in net interest margin improved from 3.00% in net interest margin improved from 3.00% in Q2Q2Q2Q2----2013 to 3.31% in Q22013 to 3.31% in Q22013 to 3.31% in Q22013 to 3.31% in Q2----2014 2014 2014 2014

� Fee income increased by 16.7% yearFee income increased by 16.7% yearFee income increased by 16.7% yearFee income increased by 16.7% year----onononon----yearyearyearyear� Treasury loss of Treasury loss of Treasury loss of Treasury loss of `̀̀̀ 0.79 0.79 0.79 0.79 bnbnbnbn in Q2in Q2in Q2in Q2----2014 after full 2014 after full 2014 after full 2014 after full

recognition of markrecognition of markrecognition of markrecognition of mark----totototo----market provisions of market provisions of market provisions of market provisions of ` ` ` ` 2.79 2.79 2.79 2.79 bnbnbnbnon the investment portfolioon the investment portfolioon the investment portfolioon the investment portfolio

� 12.9% increase in consolidated profit after tax from 12.9% increase in consolidated profit after tax from 12.9% increase in consolidated profit after tax from 12.9% increase in consolidated profit after tax from `̀̀̀ 23.90 23.90 23.90 23.90 bnbnbnbn in Q2in Q2in Q2in Q2----2013 to 2013 to 2013 to 2013 to `̀̀̀ 26.98 26.98 26.98 26.98 bnbnbnbn in Q2in Q2in Q2in Q2----2014201420142014

4

Q2Q2Q2Q2----2014: 2014: 2014: 2014: Performance highlights Performance highlights Performance highlights Performance highlights Balance sheetBalance sheetBalance sheetBalance sheet

� Advances increased by 15.5% yearAdvances increased by 15.5% yearAdvances increased by 15.5% yearAdvances increased by 15.5% year----onononon----year to year to year to year to `̀̀̀3,177.86 billion at September 30, 20133,177.86 billion at September 30, 20133,177.86 billion at September 30, 20133,177.86 billion at September 30, 2013� Retail advances growth at 19.6% yearRetail advances growth at 19.6% yearRetail advances growth at 19.6% yearRetail advances growth at 19.6% year----onononon----year; 27.8% year; 27.8% year; 27.8% year; 27.8%

in organic retail portfolio (excluding buyouts) at in organic retail portfolio (excluding buyouts) at in organic retail portfolio (excluding buyouts) at in organic retail portfolio (excluding buyouts) at September 30, 2013September 30, 2013September 30, 2013September 30, 2013

� Domestic corporate loan growth at 11.0%Domestic corporate loan growth at 11.0%Domestic corporate loan growth at 11.0%Domestic corporate loan growth at 11.0%

� Period end CASA ratio at 43.3% at September 30, Period end CASA ratio at 43.3% at September 30, Period end CASA ratio at 43.3% at September 30, Period end CASA ratio at 43.3% at September 30, 2013 compared to 43.2% at June 30, 20132013 compared to 43.2% at June 30, 20132013 compared to 43.2% at June 30, 20132013 compared to 43.2% at June 30, 2013� Average CASA ratio at 40.3% for Q2Average CASA ratio at 40.3% for Q2Average CASA ratio at 40.3% for Q2Average CASA ratio at 40.3% for Q2----2014 compared 2014 compared 2014 compared 2014 compared

to 39.0% for Q1to 39.0% for Q1to 39.0% for Q1to 39.0% for Q1----2014201420142014

� Net NPA ratio of 0.73% at September 30, 2013 (June Net NPA ratio of 0.73% at September 30, 2013 (June Net NPA ratio of 0.73% at September 30, 2013 (June Net NPA ratio of 0.73% at September 30, 2013 (June 30, 2013: 0.69%; September 30, 2012: 0.66%)30, 2013: 0.69%; September 30, 2012: 0.66%)30, 2013: 0.69%; September 30, 2012: 0.66%)30, 2013: 0.69%; September 30, 2012: 0.66%)

5

Profit & loss statementProfit & loss statementProfit & loss statementProfit & loss statement

38.14

24.9024.9024.9024.90

63.04

4.034.034.034.03

2.882.882.882.88

17.9317.9317.9317.93

24.8424.8424.8424.84

38.2038.2038.2038.20

Q1-

2014

61.43

43.4443.4443.4443.44

104.87

1.511.511.511.51

4.164.164.164.16

33.5633.5633.5633.56

39.2339.2339.2339.23

65.64 65.64 65.64 65.64

H1-

2013

31.93

22.2122.2122.2122.21

54.14

1.721.721.721.72

1.621.621.621.62

17.0917.0917.0917.09

20.4320.4320.4320.43

33.71 33.71 33.71 33.71

Q2-

2013

131.99

90.1390.1390.1390.13

222.12

4.954.954.954.95

9.509.509.509.50

69.0169.0169.0169.01

83.4683.4683.4683.46

138.66138.66138.66138.66

FY

2013

21.8%

4.5%4.5%4.5%4.5%

14.7%

----

54.9%54.9%54.9%54.9%

16.7%16.7%16.7%16.7%

6.0%6.0%6.0%6.0%

20.0%20.0%20.0%20.0%

Q2-o-Q2

growth

125.1562.10Total income

77.0238.88Operating profit

3.243.243.243.242222(0.79)(0.79)(0.79)(0.79)2222---- Treasury incomeTreasury incomeTreasury incomeTreasury income

48.1348.1348.1348.13

5.405.405.405.40

37.8737.8737.8737.87

46.5146.5146.5146.51

78.6478.6478.6478.64

H1-

2014

23.2223.2223.2223.22

2.512.512.512.51

19.9419.9419.9419.94

21.6621.6621.6621.66

40.4440.4440.4440.44

Q2-

2014

Operating Operating Operating Operating expensesexpensesexpensesexpenses1111

---- Other incomeOther incomeOther incomeOther income

---- Fee incomeFee incomeFee incomeFee income

NonNonNonNon----interest interest interest interest incomeincomeincomeincome

NIINIINIINII

((((`̀̀̀ billion)billion)billion)billion)

1.1.1.1. Includes commissions paid to direct marketing agents (Includes commissions paid to direct marketing agents (Includes commissions paid to direct marketing agents (Includes commissions paid to direct marketing agents (DMAsDMAsDMAsDMAs) for origination of retail ) for origination of retail ) for origination of retail ) for origination of retail loans and lease depreciationloans and lease depreciationloans and lease depreciationloans and lease depreciation

2.2.2.2. The Bank has fully recognized the markThe Bank has fully recognized the markThe Bank has fully recognized the markThe Bank has fully recognized the mark----totototo----market provisions of market provisions of market provisions of market provisions of `̀̀̀ 2.79 billion on its 2.79 billion on its 2.79 billion on its 2.79 billion on its investment portfolio, and has not availed the option permitted binvestment portfolio, and has not availed the option permitted binvestment portfolio, and has not availed the option permitted binvestment portfolio, and has not availed the option permitted by RBI of y RBI of y RBI of y RBI of recognisingrecognisingrecognisingrecognising the the the the same over three quarters. During Q2same over three quarters. During Q2same over three quarters. During Q2same over three quarters. During Q2----2014, the Bank transferred SLR securities with face 2014, the Bank transferred SLR securities with face 2014, the Bank transferred SLR securities with face 2014, the Bank transferred SLR securities with face value of value of value of value of `̀̀̀ 23.11 billion from AFS and HFT category to HTM category and has23.11 billion from AFS and HFT category to HTM category and has23.11 billion from AFS and HFT category to HTM category and has23.11 billion from AFS and HFT category to HTM category and has recognisedrecognisedrecognisedrecogniseda loss of a loss of a loss of a loss of `̀̀̀ 0.10 billion resulting from the said transfer on account of the0.10 billion resulting from the said transfer on account of the0.10 billion resulting from the said transfer on account of the0.10 billion resulting from the said transfer on account of the movement of movement of movement of movement of yields till July 15, 2013. yields till July 15, 2013. yields till July 15, 2013. yields till July 15, 2013.

6

Profit & loss statementProfit & loss statementProfit & loss statementProfit & loss statement

22.74

9.479.479.479.47

32.21

5.935.935.935.93

38.14

Q1-

2014

37.71

13.9813.9813.9813.98

51.69

9.749.749.749.74

61.43

H1-

2013

19.56

7.297.297.297.29

26.85

5.085.085.085.08

31.93

Q2-

2013

83.25

30.7130.7130.7130.71

113.96

18.0318.0318.0318.03

131.99

FY

2013

20.2%

24.9%24.9%24.9%24.9%

21.5%

23.0%23.0%23.0%23.0%

21.8%

Q2-o-Q2

growth

46.2623.52Profit after tax

18.5818.5818.5818.58

64.84

12.1812.1812.1812.18

77.02

H1-

2014

9.119.119.119.11

32.63

6.256.256.256.25

38.88

Q2-

2014

TaxTaxTaxTax

Profit before

tax

ProvisionsProvisionsProvisionsProvisions

Operating profit


7

Balance sheet: AssetsBalance sheet: AssetsBalance sheet: AssetsBalance sheet: Assets

5,635.08

433.12433.12433.12433.12

3,177.863,177.863,177.863,177.86

229.40229.40229.40229.40

120.23120.23120.23120.23

986.20986.20986.20986.20

1,688.291,688.291,688.291,688.29

335.81335.81335.81335.81

September

30, 2013

22.5%22.5%22.5%22.5%198.31198.31198.31198.31187.24187.24187.24187.24---- RIDFRIDFRIDFRIDF1111 and relatedand relatedand relatedand related

14.8%14.8%14.8%14.8%994.21994.21994.21994.21859.05859.05859.05859.05---- SLR investmentsSLR investmentsSLR investmentsSLR investments

----3.5%3.5%3.5%3.5%120.23120.23120.23120.23124.53124.53124.53124.53---- Equity investment inEquity investment inEquity investment inEquity investment insubsidiariessubsidiariessubsidiariessubsidiaries

5,111.94

357.82357.82357.82357.82

2,750.762,750.762,750.762,750.76

1,579.141,579.141,579.141,579.14

424.22424.22424.22424.22

September

30, 2012

6.9%6.9%6.9%6.9%1,746.251,746.251,746.251,746.25InvestmentsInvestmentsInvestmentsInvestments

5,485.59

398.77398.77398.77398.77

3,013.703,013.703,013.703,013.70

326.87326.87326.87326.87

June 30,

2013

10.2%

21.0%21.0%21.0%21.0%

15.5%15.5%15.5%15.5%

----20.8%20.8%20.8%20.8%

Y-o-Y

growth

Total assets2

Fixed & other assetsFixed & other assetsFixed & other assetsFixed & other assets

AdvancesAdvancesAdvancesAdvances2222

Cash & bank balances Cash & bank balances Cash & bank balances Cash & bank balances


� Net investment in security Net investment in security Net investment in security Net investment in security receiptsreceiptsreceiptsreceipts of asset reconstruction companies of asset reconstruction companies of asset reconstruction companies of asset reconstruction companies was was was was ` ` ` ` 10.91 bn at September 30, 2013 (June 30, 2013: 10.91 bn at September 30, 2013 (June 30, 2013: 10.91 bn at September 30, 2013 (June 30, 2013: 10.91 bn at September 30, 2013 (June 30, 2013: `̀̀̀ 10.57 bn)10.57 bn)10.57 bn)10.57 bn)

� Net credit derivative portfolio wound down: outstanding of US$ 2Net credit derivative portfolio wound down: outstanding of US$ 2Net credit derivative portfolio wound down: outstanding of US$ 2Net credit derivative portfolio wound down: outstanding of US$ 2 mn mn mn mn at September 30, 2013 compared to US$ 31 mn at June 30, 2013 andat September 30, 2013 compared to US$ 31 mn at June 30, 2013 andat September 30, 2013 compared to US$ 31 mn at June 30, 2013 andat September 30, 2013 compared to US$ 31 mn at June 30, 2013 andUS$ 119 mn at September 30, 2012 US$ 119 mn at September 30, 2012 US$ 119 mn at September 30, 2012 US$ 119 mn at September 30, 2012

1.1.1.1. Rural Infrastructure Development FundRural Infrastructure Development FundRural Infrastructure Development FundRural Infrastructure Development Fund2.2.2.2. Including impact of exchange rate movementIncluding impact of exchange rate movementIncluding impact of exchange rate movementIncluding impact of exchange rate movement

8

Loan book classification: reporting from Loan book classification: reporting from Loan book classification: reporting from Loan book classification: reporting from March 2013March 2013March 2013March 2013

SMESMESMESMERuralRuralRuralRuralLoans to Loans to Loans to Loans to SMEsSMEsSMEsSMEs related related related related to agricultureto agricultureto agricultureto agriculture

Retail Retail Retail Retail ---- business business business business bankingbankingbankingbanking

Retail Retail Retail Retail ---- other other other other securedsecuredsecuredsecured

Dealer fundingDealer fundingDealer fundingDealer funding

Retail Retail Retail Retail ---- othersothersothersothersRuralRuralRuralRuralRural retail i.e. portfolios Rural retail i.e. portfolios Rural retail i.e. portfolios Rural retail i.e. portfolios like jewel loans, farm like jewel loans, farm like jewel loans, farm like jewel loans, farm equipment loans etc.equipment loans etc.equipment loans etc.equipment loans etc.

RuralRuralRuralRural

SMESMESMESME

Retail Retail Retail Retail ---- homehomehomehome

Earlier reported inEarlier reported inEarlier reported inEarlier reported in

Retail Retail Retail Retail ---- business business business business bankingbankingbankingbanking

Loans to small Loans to small Loans to small Loans to small businessesbusinessesbusinessesbusinesses

Domestic corporateDomestic corporateDomestic corporateDomestic corporate

Domestic corporateDomestic corporateDomestic corporateDomestic corporate

Now reported inNow reported inNow reported inNow reported in

Loans to Loans to Loans to Loans to corporatescorporatescorporatescorporatesrelated to agriculturerelated to agriculturerelated to agriculturerelated to agriculture

Builder financeBuilder financeBuilder financeBuilder finance

Nature of loanNature of loanNature of loanNature of loan

9

Composition of loan book (Composition of loan book (Composition of loan book (Composition of loan book (yyyy----oooo----yyyy))))

1.1.1.1. Including impact of exchange rate movementIncluding impact of exchange rate movementIncluding impact of exchange rate movementIncluding impact of exchange rate movement

2.2.2.2. Domestic corporate loans include builder financeDomestic corporate loans include builder financeDomestic corporate loans include builder financeDomestic corporate loans include builder finance

3.3.3.3. Including buyouts & interIncluding buyouts & interIncluding buyouts & interIncluding buyouts & inter----bank participation bank participation bank participation bank participation certificatescertificatescertificatescertificates

September 30, 2012

Total loan book: `̀̀̀ 2,751 bn

September 30, 2013


SME SME SME SME

5.2%5.2%5.2%5.2%

Domestic Domestic Domestic Domestic

corporatecorporatecorporatecorporate

34.0%34.0%34.0%34.0%

Overseas Overseas Overseas Overseas

branchesbranchesbranchesbranches

25.8%25.8%25.8%25.8%Retail Retail Retail Retail

businessbusinessbusinessbusiness

35.0%35.0%35.0%35.0%

1

2

3

SME SME SME SME

4.6%4.6%4.6%4.6%



32.6%32.6%32.6%32.6%





36.2%36.2%36.2%36.2%

3

2

1

10

Composition of retail loan book (Composition of retail loan book (Composition of retail loan book (Composition of retail loan book (yyyy----oooo----yyyy))))

1.1.1.1. September 30, 2012 :Vehicle loans includes auto September 30, 2012 :Vehicle loans includes auto September 30, 2012 :Vehicle loans includes auto September 30, 2012 :Vehicle loans includes auto loans 10.0%, commercial business 16.7%loans 10.0%, commercial business 16.7%loans 10.0%, commercial business 16.7%loans 10.0%, commercial business 16.7%

2.2.2.2. September 30, 2013: Vehicle loans includes auto September 30, 2013: Vehicle loans includes auto September 30, 2013: Vehicle loans includes auto September 30, 2013: Vehicle loans includes auto loans 10.5%, commercial business 11.7%loans 10.5%, commercial business 11.7%loans 10.5%, commercial business 11.7%loans 10.5%, commercial business 11.7%

Total retail loan book: `̀̀̀ 963 bn

September 30, 2012

Total retail advances growth of 19.6%Total retail advances growth of 19.6%Total retail advances growth of 19.6%Total retail advances growth of 19.6%Retail loan growth (excluding buyouts) of 27.8%Retail loan growth (excluding buyouts) of 27.8%Retail loan growth (excluding buyouts) of 27.8%Retail loan growth (excluding buyouts) of 27.8%

Total retail loan book: `̀̀̀ 1,151 bn

September 30, 2013

OthersOthersOthersOthers

10.2%10.2%10.2%10.2%

Business Business Business Business

bankingbankingbankingbanking

6.3%6.3%6.3%6.3%

Credit cardsCredit cardsCredit cardsCredit cards

2.7%2.7%2.7%2.7% Personal loansPersonal loansPersonal loansPersonal loans

0.9%0.9%0.9%0.9%

Vehicle loansVehicle loansVehicle loansVehicle loans

26.7%26.7%26.7%26.7%

Home Home Home Home

53.2%53.2%53.2%53.2%12


12.1%12.1%12.1%12.1%



6.1%6.1%6.1%6.1%


2.7%2.7%2.7%2.7%Personal loansPersonal loansPersonal loansPersonal loans

2.1%2.1%2.1%2.1%


22.2%22.2%22.2%22.2%

Home Home Home Home

54.8%54.8%54.8%54.8%

11

Composition of loan book (Composition of loan book (Composition of loan book (Composition of loan book (qqqq----oooo----qqqq))))June 30, 2013



2.2.2.2. Domestic corporate loans include builder financeDomestic corporate loans include builder financeDomestic corporate loans include builder financeDomestic corporate loans include builder finance

3.3.3.3. Including buyouts & interIncluding buyouts & interIncluding buyouts & interIncluding buyouts & inter----bank participation bank participation bank participation bank participation certificatescertificatescertificatescertificates

SME SME SME SME

4.6%4.6%4.6%4.6%



32.5%32.5%32.5%32.5%





36.0%36.0%36.0%36.0%

September 30, 2013

1

2

3


1

2

3

SME SME SME SME

4.6%4.6%4.6%4.6%



32.6%32.6%32.6%32.6%





36.2%36.2%36.2%36.2%

3

2

1

12

Composition of retail loan book (Composition of retail loan book (Composition of retail loan book (Composition of retail loan book (qqqq----oooo----qqqq))))

1.1.1.1. June 30, 2013: Vehicle loans includes auto loans June 30, 2013: Vehicle loans includes auto loans June 30, 2013: Vehicle loans includes auto loans June 30, 2013: Vehicle loans includes auto loans 10.2%, commercial business 12.5%10.2%, commercial business 12.5%10.2%, commercial business 12.5%10.2%, commercial business 12.5%

2.2.2.2. September 30, 2013: Vehicle loans includes auto September 30, 2013: Vehicle loans includes auto September 30, 2013: Vehicle loans includes auto September 30, 2013: Vehicle loans includes auto loans 10.5%, commercial business 11.7%loans 10.5%, commercial business 11.7%loans 10.5%, commercial business 11.7%loans 10.5%, commercial business 11.7%

Total retail loan book: `̀̀̀ 1,085 bn Total retail loan book: `̀̀̀ 1,151 bn

September 30, 2013


12.1%12.1%12.1%12.1%



5.8%5.8%5.8%5.8%


2.8%2.8%2.8%2.8% Personal loansPersonal loansPersonal loansPersonal loans

1.7%1.7%1.7%1.7%


22.7%22.7%22.7%22.7%

Home Home Home Home

54.9%54.9%54.9%54.9%1

June 30, 2013

2


12.1%12.1%12.1%12.1%



6.1%6.1%6.1%6.1%


2.7%2.7%2.7%2.7%Personal loansPersonal loansPersonal loansPersonal loans

2.1%2.1%2.1%2.1%


22.2%22.2%22.2%22.2%

Home Home Home Home

54.8%54.8%54.8%54.8%

13

Equity investment in subsidiariesEquity investment in subsidiariesEquity investment in subsidiariesEquity investment in subsidiaries

1.871.871.871.871.871.871.871.871.871.871.871.87ICICI Securities LimitedICICI Securities LimitedICICI Securities LimitedICICI Securities Limited

120.23

0.140.140.140.14

0.050.050.050.05

0.610.610.610.61

1.581.581.581.58

3.003.003.003.00

11.1211.1211.1211.12

14.2214.2214.2214.22

21.2021.2021.2021.20

30.5130.5130.5130.51

35.9335.9335.9335.93

June 30,

2013

120.23

0.140.140.140.14

0.050.050.050.05

0.610.610.610.61

1.581.581.581.58

3.003.003.003.00

11.1211.1211.1211.12

14.2214.2214.2214.22

21.2021.2021.2021.20

30.5130.5130.5130.51

35.9335.9335.9335.93

September

30, 2013

13.4813.4813.4813.48ICICI Lombard General InsuranceICICI Lombard General InsuranceICICI Lombard General InsuranceICICI Lombard General Insurance

124.53

0.140.140.140.14

0.050.050.050.05

0.610.610.610.61

1.581.581.581.58

3.003.003.003.00

11.1211.1211.1211.12

23.2523.2523.2523.25

33.5033.5033.5033.50

35.9335.9335.9335.93

September

30, 2012

ICICI Home FinanceICICI Home FinanceICICI Home FinanceICICI Home Finance

ICICI Bank UKICICI Bank UKICICI Bank UKICICI Bank UK

ICICI AMCICICI AMCICICI AMCICICI AMC

ICICI Bank CanadaICICI Bank CanadaICICI Bank CanadaICICI Bank Canada

ICICI Bank Eurasia LLCICICI Bank Eurasia LLCICICI Bank Eurasia LLCICICI Bank Eurasia LLC

ICICI Securities Primary DealershipICICI Securities Primary DealershipICICI Securities Primary DealershipICICI Securities Primary Dealership


Total

ICICI Venture Funds MgmtICICI Venture Funds MgmtICICI Venture Funds MgmtICICI Venture Funds Mgmt

ICICI Prudential Life InsuranceICICI Prudential Life InsuranceICICI Prudential Life InsuranceICICI Prudential Life Insurance


14

Balance sheet: LiabilitiesBalance sheet: LiabilitiesBalance sheet: LiabilitiesBalance sheet: Liabilities

5,485.59

313.75313.75313.75313.75

1,559.201,559.201,559.201,559.20

369.81369.81369.81369.81

888.53888.53888.53888.53

2,911.852,911.852,911.852,911.85

689.25689.25689.25689.25

11.5411.5411.5411.54

700.79700.79700.79700.79

June 30, 2013

16.0%16.0%16.0%16.0%935.35935.35935.35935.35806.18806.18806.18806.18---- SavingsSavingsSavingsSavings

19.4%19.4%19.4%19.4%403.73403.73403.73403.73338.00338.00338.00338.00---- CurrentCurrentCurrentCurrent

5,111.94

299.04299.04299.04299.04

1,353.901,353.901,353.901,353.90

2,814.382,814.382,814.382,814.38

633.09633.09633.09633.09

11.5311.5311.5311.53

644.62644.62644.62644.62

September 30, 2012

5,635.08

360.03360.03360.03360.03

1,453.561,453.561,453.561,453.56

3,090.463,090.463,090.463,090.46

719.49719.49719.49719.49

11.5411.5411.5411.54

731.03731.03731.03731.03

September 30, 2013

10.2%

20.4%20.4%20.4%20.4%

7.4%7.4%7.4%7.4%

9.8%9.8%9.8%9.8%

13.6%13.6%13.6%13.6%

0.1%0.1%0.1%0.1%

13.4%13.4%13.4%13.4%

Y-o-Y growth

BorrowingsBorrowingsBorrowingsBorrowings1,21,21,21,2

Total liabilities2

Other liabilitiesOther liabilitiesOther liabilitiesOther liabilities3333

DepositsDepositsDepositsDeposits

---- ReservesReservesReservesReserves

---- Equity capitalEquity capitalEquity capitalEquity capital

Net worthNet worthNet worthNet worth


� Credit/deposit ratio of 80.2% on the domestic balance Credit/deposit ratio of 80.2% on the domestic balance Credit/deposit ratio of 80.2% on the domestic balance Credit/deposit ratio of 80.2% on the domestic balance sheet at September 30, 2013sheet at September 30, 2013sheet at September 30, 2013sheet at September 30, 2013

1.1.1.1. Borrowings include preference shares amounting to Borrowings include preference shares amounting to Borrowings include preference shares amounting to Borrowings include preference shares amounting to `̀̀̀ 3.50 bn3.50 bn3.50 bn3.50 bn2.2.2.2. Including impact of exchange rate movementIncluding impact of exchange rate movementIncluding impact of exchange rate movementIncluding impact of exchange rate movement

15

Composition of borrowingsComposition of borrowingsComposition of borrowingsComposition of borrowings

1,559.20

701.23701.23701.23701.23

20.1520.1520.1520.15

721.38721.38721.38721.38

453.08453.08453.08453.08

384.74384.74384.74384.74

837.82837.82837.82837.82

June 30, 2013

1,353.90

713.18713.18713.18713.18

17.9217.9217.9217.92

731.10731.10731.10731.10

274.42274.42274.42274.422222

348.38348.38348.38348.38

622.80622.80622.80622.80

September 30, 2012

756.44756.44756.44756.44OverseasOverseasOverseasOverseas2222

309.42309.42309.42309.42---- Other borrowingsOther borrowingsOther borrowingsOther borrowings

387.71387.71387.71387.71---- Capital instrumentsCapital instrumentsCapital instrumentsCapital instruments1111

1,453.56

735.20735.20735.20735.20

21.2421.2421.2421.24

697.12697.12697.12697.12

September 30, 2013

Total borrowings2

---- Other borrowingsOther borrowingsOther borrowingsOther borrowings

---- Capital instrumentsCapital instrumentsCapital instrumentsCapital instruments

DomesticDomesticDomesticDomestic

� Capital instruments constitute 55.6% of domestic borrowingsCapital instruments constitute 55.6% of domestic borrowingsCapital instruments constitute 55.6% of domestic borrowingsCapital instruments constitute 55.6% of domestic borrowings

1.1.1.1. Includes preference share capital Includes preference share capital Includes preference share capital Includes preference share capital `̀̀̀ 3.50 bn3.50 bn3.50 bn3.50 bn



16

Capital adequacyCapital adequacyCapital adequacyCapital adequacy

1,226.711,226.711,226.711,226.71

3,584.603,584.603,584.603,584.60

4,811.314,811.314,811.314,811.31

255.80255.80255.80255.80

564.19564.19564.19564.19

819.99819.99819.99819.99

` bn

June 30, 2013

5.32%5.32%5.32%5.32%

11.72%11.72%11.72%11.72%

17.04%17.04%17.04%17.04%

%

1,172.341,172.341,172.341,172.34----Off balance sheetOff balance sheetOff balance sheetOff balance sheet

3,798.663,798.663,798.663,798.66----On balance sheetOn balance sheetOn balance sheetOn balance sheet

5.17%5.17%5.17%5.17%

11.33%11.33%11.33%11.33%

16.50%16.50%16.50%16.50%

%

4,971.004,971.004,971.004,971.00

257.14257.14257.14257.14

563.24563.24563.24563.24

820.38820.38820.38820.38

` bn

September 30, 2013

Risk weighted assetsRisk weighted assetsRisk weighted assetsRisk weighted assets

---- Tier IITier IITier IITier II

---- Tier ITier ITier ITier I

Total CapitalTotal CapitalTotal CapitalTotal Capital1111

Standalone Basel III

1.1.1.1. In line with applicable guidelines, the Basel III capital ratiosIn line with applicable guidelines, the Basel III capital ratiosIn line with applicable guidelines, the Basel III capital ratiosIn line with applicable guidelines, the Basel III capital ratios reported by the Bank for the reported by the Bank for the reported by the Bank for the reported by the Bank for the interim periods do not include the profits for the periodinterim periods do not include the profits for the periodinterim periods do not include the profits for the periodinterim periods do not include the profits for the period

� Including the profits for H1Including the profits for H1Including the profits for H1Including the profits for H1----2014, the capital adequacy ratio 2014, the capital adequacy ratio 2014, the capital adequacy ratio 2014, the capital adequacy ratio for the Bank as per Basel III norms would have been 17.21% for the Bank as per Basel III norms would have been 17.21% for the Bank as per Basel III norms would have been 17.21% for the Bank as per Basel III norms would have been 17.21% and the Tier I ratio would have been 12.04%and the Tier I ratio would have been 12.04%and the Tier I ratio would have been 12.04%and the Tier I ratio would have been 12.04%

� On a consolidated basis, excluding profits, the total capital On a consolidated basis, excluding profits, the total capital On a consolidated basis, excluding profits, the total capital On a consolidated basis, excluding profits, the total capital adequacy ratio as per Basel III norms is 17.15%; Tieradequacy ratio as per Basel III norms is 17.15%; Tieradequacy ratio as per Basel III norms is 17.15%; Tieradequacy ratio as per Basel III norms is 17.15%; Tier----1 capital 1 capital 1 capital 1 capital adequacy is 11.51%adequacy is 11.51%adequacy is 11.51%adequacy is 11.51%

17

� Gross retail NPLs at Gross retail NPLs at Gross retail NPLs at Gross retail NPLs at `̀̀̀ 49.08 bn and net retail NPLs at 49.08 bn and net retail NPLs at 49.08 bn and net retail NPLs at 49.08 bn and net retail NPLs at `̀̀̀ 7.627.627.627.62bnbnbnbn at September 30, 2013 as compared to at September 30, 2013 as compared to at September 30, 2013 as compared to at September 30, 2013 as compared to `̀̀̀ 70.30 70.30 70.30 70.30 bnbnbnbn and and and and `̀̀̀ 9.38 9.38 9.38 9.38 bnbnbnbn respectively at September 30, 2012respectively at September 30, 2012respectively at September 30, 2012respectively at September 30, 20121111

� Provisioning coverage ratio of 73.1% at September 30, 2013 Provisioning coverage ratio of 73.1% at September 30, 2013 Provisioning coverage ratio of 73.1% at September 30, 2013 Provisioning coverage ratio of 73.1% at September 30, 2013 computed in accordance with RBI guidelinescomputed in accordance with RBI guidelinescomputed in accordance with RBI guidelinescomputed in accordance with RBI guidelines

� Net loans to companies whose facilities have been Net loans to companies whose facilities have been Net loans to companies whose facilities have been Net loans to companies whose facilities have been restructured at restructured at restructured at restructured at `̀̀̀ 68.26 bn at September 30, 2013 compared to 68.26 bn at September 30, 2013 compared to 68.26 bn at September 30, 2013 compared to 68.26 bn at September 30, 2013 compared to `̀̀̀ 59.15 59.15 59.15 59.15 bnbnbnbn at June 30, 2013 and at June 30, 2013 and at June 30, 2013 and at June 30, 2013 and `̀̀̀ 44.5344.5344.5344.53 bnbnbnbn at September 30, 2012at September 30, 2012at September 30, 2012at September 30, 2012

� Outstanding general provision on standard assets: Outstanding general provision on standard assets: Outstanding general provision on standard assets: Outstanding general provision on standard assets: `̀̀̀ 17.55 bn at 17.55 bn at 17.55 bn at 17.55 bn at September 30, 2013September 30, 2013September 30, 2013September 30, 2013

Asset quality and provisioningAsset quality and provisioningAsset quality and provisioningAsset quality and provisioning((((`̀̀̀ billion)billion)billion)billion)

0.69%0.69%0.69%0.69%

24.7224.7224.7224.72

75.8575.8575.8575.85

100.57100.57100.57100.57

June 30, 2013

0.73%0.73%0.73%0.73%

27.0727.0727.0727.07

73.7173.7173.7173.71

100.78100.78100.78100.78

September 30, 2013

0.66%0.66%0.66%0.66%

21.3821.3821.3821.38

79.1379.1379.1379.13

100.51100.51100.51100.51

September 30, 2012

Net NPA ratioNet NPA ratioNet NPA ratioNet NPA ratio

Net NPAsNet NPAsNet NPAsNet NPAs

Less: Cumulative provisionsLess: Cumulative provisionsLess: Cumulative provisionsLess: Cumulative provisions

Gross NPAsGross NPAsGross NPAsGross NPAs

1.1.1.1. Based on revised definition of retail loansBased on revised definition of retail loansBased on revised definition of retail loansBased on revised definition of retail loans

18

Overseas subsidiariesOverseas subsidiariesOverseas subsidiariesOverseas subsidiaries

19

September 30, 2013

Total assets: USD 4.2 bnTotal assets: USD 4.2 bnTotal assets: USD 4.2 bnTotal assets: USD 4.2 bn

Loans & Loans & Loans & Loans &

advancesadvancesadvancesadvances

65.1%65.1%65.1%65.1%

Asset backed Asset backed Asset backed Asset backed

securitiessecuritiessecuritiessecurities

1.9%1.9%1.9%1.9%Other assets & Other assets & Other assets & Other assets &

investmentsinvestmentsinvestmentsinvestments

2.7%2.7%2.7%2.7%India linked India linked India linked India linked


7.1%7.1%7.1%7.1%

Cash & liquid Cash & liquid Cash & liquid Cash & liquid


20.9%20.9%20.9%20.9%

Bonds/notes of Bonds/notes of Bonds/notes of Bonds/notes of

financial financial financial financial

institutionsinstitutionsinstitutionsinstitutions

2.3%2.3%2.3%2.3%

19

ICICI Bank UK asset profileICICI Bank UK asset profileICICI Bank UK asset profileICICI Bank UK asset profile

1.1.1.1. Includes cash & advances to banks, T Bills Includes cash & advances to banks, T Bills Includes cash & advances to banks, T Bills Includes cash & advances to banks, T Bills 2.2.2.2. Includes securities reIncludes securities reIncludes securities reIncludes securities re----classified to loans & advancesclassified to loans & advancesclassified to loans & advancesclassified to loans & advances

Total assets: USD 3.8 Total assets: USD 3.8 Total assets: USD 3.8 Total assets: USD 3.8 bnbnbnbn

June 30, 2013

1

2 Loans & Loans & Loans & Loans &

advancesadvancesadvancesadvances

58.5%58.5%58.5%58.5%


securi tiessecuri tiessecuri tiessecuri ties

1.8%1.8%1.8%1.8%Other assets & Other assets & Other assets & Other assets &


3.1%3.1%3.1%3.1%Ind ia l inked Ind ia l inked Ind ia l inked Ind ia l inked


8.7%8.7%8.7%8.7%

Cash & l iquid Cash & l iquid Cash & l iquid Cash & l iquid


25.8%25.8%25.8%25.8%

Bonds/notes o f Bonds/notes o f Bonds/notes o f Bonds/notes o f

financia l financia l financia l financia l

insti tutionsinsti tutionsinsti tutionsinsti tutions

2.1%2.1%2.1%2.1%

1

2

2020

ICICI Bank UK liability profileICICI Bank UK liability profileICICI Bank UK liability profileICICI Bank UK liability profile

� Profit after tax of US$ 6.1 mn in Q2Profit after tax of US$ 6.1 mn in Q2Profit after tax of US$ 6.1 mn in Q2Profit after tax of US$ 6.1 mn in Q2----2014 compared to US$ 4.3 mn in Q22014 compared to US$ 4.3 mn in Q22014 compared to US$ 4.3 mn in Q22014 compared to US$ 4.3 mn in Q2----2013201320132013� Capital adequacy ratio at 26.1%Capital adequacy ratio at 26.1%Capital adequacy ratio at 26.1%Capital adequacy ratio at 26.1%

Total liabilities: USD 3.8 Total liabilities: USD 3.8 Total liabilities: USD 3.8 Total liabilities: USD 3.8 bnbnbnbn

June 30, 2013 September 30, 2013

Total liabilities: USD 4.2 bnTotal liabilities: USD 4.2 bnTotal liabilities: USD 4.2 bnTotal liabilities: USD 4.2 bn

Demand Demand Demand Demand

depositsdepositsdepositsdeposits

16.9%16.9%16.9%16.9%

Syndicated Syndicated Syndicated Syndicated

loans & loans & loans & loans &

interbank interbank interbank interbank

borrowingsborrowingsborrowingsborrowings

16.8%16.8%16.8%16.8%

Other Other Other Other

liabilitiesliabilitiesliabilitiesliabilities

3.1%3.1%3.1%3.1%

Term depositsTerm depositsTerm depositsTerm deposits

31.2%31.2%31.2%31.2%


16.7%16.7%16.7%16.7%

Long Long Long Long

term debtterm debtterm debtterm debt

15.3%15.3%15.3%15.3%


deposi tsdeposi tsdeposi tsdeposi ts

25.1%25.1%25.1%25.1%

Syndicated Synd icated Synd icated Synd icated

loans & loans & loans & loans &

interbank interbank interbank interbank

borrowingsborrowingsborrowingsborrowings

15.6%15.6%15.6%15.6%


l iab i l i tiesl iab i l i tiesl iab i l i tiesl iab i l i ties

2.8%2.8%2.8%2.8%

Term deposi tsTerm deposi tsTerm deposi tsTerm deposi ts

31.0%31.0%31.0%31.0%


15.0%15.0%15.0%15.0%

Long Long Long Long

term debtterm debtterm debtterm debt

10.5%10.5%10.5%10.5%

21

ICICI Bank Canada asset profileICICI Bank Canada asset profileICICI Bank Canada asset profileICICI Bank Canada asset profile

1.1.1.1. Includes cash & advances to banks and government Includes cash & advances to banks and government Includes cash & advances to banks and government Includes cash & advances to banks and government securitiessecuritiessecuritiessecurities

2.2.2.2. IndiaIndiaIndiaIndia----linked investments of nil at September 30, 2013 linked investments of nil at September 30, 2013 linked investments of nil at September 30, 2013 linked investments of nil at September 30, 2013 compared to CAD 1 compared to CAD 1 compared to CAD 1 compared to CAD 1 mnmnmnmn at June 30, 2013at June 30, 2013at June 30, 2013at June 30, 2013

3.3.3.3. Based on IFRS, securitised portfolio of CAD 1,781 mn and Based on IFRS, securitised portfolio of CAD 1,781 mn and Based on IFRS, securitised portfolio of CAD 1,781 mn and Based on IFRS, securitised portfolio of CAD 1,781 mn and CAD 1,815 mn considered as part of Insured mortgage CAD 1,815 mn considered as part of Insured mortgage CAD 1,815 mn considered as part of Insured mortgage CAD 1,815 mn considered as part of Insured mortgage portfolio at June 30, 2013 and September 30, 2013 portfolio at June 30, 2013 and September 30, 2013 portfolio at June 30, 2013 and September 30, 2013 portfolio at June 30, 2013 and September 30, 2013 respectivelyrespectivelyrespectivelyrespectively

June 30, 2013

Total assets: CAD 5.2 Total assets: CAD 5.2 Total assets: CAD 5.2 Total assets: CAD 5.2 bnbnbnbn

September 30, 2013

Total assets: CAD 5.3 bnTotal assets: CAD 5.3 bnTotal assets: CAD 5.3 bnTotal assets: CAD 5.3 bn

1111

2222 3333

Loans to Loans to Loans to Loans to

customerscustomerscustomerscustomers

41.1%41.1%41.1%41.1%

India l inked Ind ia l inked Ind ia l inked Ind ia l inked


0.0%0.0%0.0%0.0%



0.3%0.3%0.3%0.3%

Other assets & Other assets & Other assets & Other assets &


10.6%10.6%10.6%10.6%

Insured Insured Insured Insured

mortgagemortgagemortgagemortgage

35.2%35.2%35.2%35.2%Cash & l iquid Cash & l iquid Cash & l iquid Cash & l iquid


12.8%12.8%12.8%12.8%

3333Cash & liquid Cash & liquid Cash & liquid Cash & liquid


11.6%11.6%11.6%11.6%

Insured Insured Insured Insured

mortgagemortgagemortgagemortgage

35.7%35.7%35.7%35.7%



11.3%11.3%11.3%11.3%



0.3%0.3%0.3%0.3%


customerscustomerscustomerscustomers

41.1%41.1%41.1%41.1%

1111

2222

ICICI Bank Canada liability profileICICI Bank Canada liability profileICICI Bank Canada liability profileICICI Bank Canada liability profile

� Profit after tax of CAD 12.9 mn in Q2Profit after tax of CAD 12.9 mn in Q2Profit after tax of CAD 12.9 mn in Q2Profit after tax of CAD 12.9 mn in Q2----2014 compared to CAD 12.2 mn in Q22014 compared to CAD 12.2 mn in Q22014 compared to CAD 12.2 mn in Q22014 compared to CAD 12.2 mn in Q2----2013201320132013

� Capital adequacy ratio at 31.2%Capital adequacy ratio at 31.2%Capital adequacy ratio at 31.2%Capital adequacy ratio at 31.2%

1.1.1.1. As per IFRS, proceeds of CAD 1,811 mn and CAD 1,809 As per IFRS, proceeds of CAD 1,811 mn and CAD 1,809 As per IFRS, proceeds of CAD 1,811 mn and CAD 1,809 As per IFRS, proceeds of CAD 1,811 mn and CAD 1,809 mn from sale of securitised portfolio considered as part mn from sale of securitised portfolio considered as part mn from sale of securitised portfolio considered as part mn from sale of securitised portfolio considered as part of borrowings at June 30, 2013 and September 30, 2013 of borrowings at June 30, 2013 and September 30, 2013 of borrowings at June 30, 2013 and September 30, 2013 of borrowings at June 30, 2013 and September 30, 2013 respectivelyrespectivelyrespectivelyrespectively

Total liabilities: CAD 5.2 bnTotal liabilities: CAD 5.2 bnTotal liabilities: CAD 5.2 bnTotal liabilities: CAD 5.2 bn

September 30, 2013June 30, 2013

Total liabilities: CAD 5.3 bnTotal liabilities: CAD 5.3 bnTotal liabilities: CAD 5.3 bnTotal liabilities: CAD 5.3 bn

depositsdepositsdepositsdeposits

liabilitiesliabilitiesliabilitiesliabilities

BorrowingsBorrowingsBorrowingsBorrowings

35.6%35.6%35.6%35.6%


17.8%17.8%17.8%17.8%


14.2%14.2%14.2%14.2%


2.4%2.4%2.4%2.4%

Term depositsTerm depositsTerm depositsTerm deposits

30.0%30.0%30.0%30.0%

1111 BorrowingsBorrowingsBorrowingsBorrowings

35.3%35.3%35.3%35.3%


18.0%18.0%18.0%18.0%


deposi tsdeposi tsdeposi tsdeposi ts

13.6%13.6%13.6%13.6%


l iab i l i tiesl iab i l i tiesl iab i l i tiesl iab i l i ties

2.0%2.0%2.0%2.0%

Term deposi tsTerm deposi tsTerm deposi tsTerm deposi ts

31.1%31.1%31.1%31.1%

1111 1111

2323

ICICI Bank Eurasia asset profileICICI Bank Eurasia asset profileICICI Bank Eurasia asset profileICICI Bank Eurasia asset profile

1.1.1.1. Includes cash & call placements with banks, Includes cash & call placements with banks, Includes cash & call placements with banks, Includes cash & call placements with banks, balances with central bank, government securities balances with central bank, government securities balances with central bank, government securities balances with central bank, government securities and nostro balancesand nostro balancesand nostro balancesand nostro balances

� Total borrowings of USD 89 mn at September 30, 2013Total borrowings of USD 89 mn at September 30, 2013Total borrowings of USD 89 mn at September 30, 2013Total borrowings of USD 89 mn at September 30, 2013� Capital adequacy of 32.9% at September 30, 2013Capital adequacy of 32.9% at September 30, 2013Capital adequacy of 32.9% at September 30, 2013Capital adequacy of 32.9% at September 30, 2013� Net profit of USD 1.1 mn in Q2Net profit of USD 1.1 mn in Q2Net profit of USD 1.1 mn in Q2Net profit of USD 1.1 mn in Q2----2014 compared to USD 2.0 mn in Q22014 compared to USD 2.0 mn in Q22014 compared to USD 2.0 mn in Q22014 compared to USD 2.0 mn in Q2----2013201320132013

Total assets: USD 244 mnTotal assets: USD 244 mnTotal assets: USD 244 mnTotal assets: USD 244 mn

September 30, 2013

Total assets: USD 182 mnTotal assets: USD 182 mnTotal assets: USD 182 mnTotal assets: USD 182 mn

1111


corporates & corporates & corporates & corporates &

banksbanksbanksbanks

46.4%46.4%46.4%46.4%

Retail loansRetail loansRetail loansRetail loans

14.1%14.1%14.1%14.1%

Cash & cash Cash & cash Cash & cash Cash & cash

equivalentsequivalentsequivalentsequivalents

38.0%38.0%38.0%38.0%

Corporate Corporate Corporate Corporate

bondsbondsbondsbonds

0.7%0.7%0.7%0.7%



0.8%0.8%0.8%0.8%

1111

June 30, 2013

1111



1.5%1.5%1.5%1.5%

Corporate Corporate Corporate Corporate

bondsbondsbondsbonds

1.0%1.0%1.0%1.0%

Cash & cash Cash & cash Cash & cash Cash & cash

equivalentsequivalentsequivalentsequivalents

27.0%27.0%27.0%27.0%

Retail loansRetail loansRetail loansRetail loans

18.0%18.0%18.0%18.0%


corporates & corporates & corporates & corporates &

banksbanksbanksbanks

52.5%52.5%52.5%52.5%

1111

24

Domestic subsidiariesDomestic subsidiariesDomestic subsidiariesDomestic subsidiaries

25

ICICI Home FinanceICICI Home FinanceICICI Home FinanceICICI Home Finance

� Profit after tax of Profit after tax of Profit after tax of Profit after tax of `̀̀̀ 603.7 603.7 603.7 603.7 mnmnmnmn in Q2in Q2in Q2in Q2----2014 compared to 2014 compared to 2014 compared to 2014 compared to `̀̀̀ 534.4 534.4 534.4 534.4 mnmnmnmn in Q2in Q2in Q2in Q2----2013201320132013� Capital adequacy ratio of 33.5% at September 30, 2013Capital adequacy ratio of 33.5% at September 30, 2013Capital adequacy ratio of 33.5% at September 30, 2013Capital adequacy ratio of 33.5% at September 30, 2013� Net NPA ratio: 0.9%Net NPA ratio: 0.9%Net NPA ratio: 0.9%Net NPA ratio: 0.9%� At September 30, 2013: Networth At September 30, 2013: Networth At September 30, 2013: Networth At September 30, 2013: Networth `̀̀̀ 14.99 bn; Deposits 14.99 bn; Deposits 14.99 bn; Deposits 14.99 bn; Deposits `̀̀̀ 3.29 bn and 3.29 bn and 3.29 bn and 3.29 bn and

Borrowings & other liabilities Borrowings & other liabilities Borrowings & other liabilities Borrowings & other liabilities `̀̀̀ 51.40 bn51.40 bn51.40 bn51.40 bn

June 30, 2013

Total assets: Total assets: Total assets: Total assets: `̀̀̀ 70.85 bn70.85 bn70.85 bn70.85 bn

September 30, 2013

Total assets: Total assets: Total assets: Total assets: `̀̀̀ 69.68 bn69.68 bn69.68 bn69.68 bn

Investments and other Investments and other Investments and other Investments and other

assets assets assets assets

11.3%11.3%11.3%11.3%

Loans Loans Loans Loans

88.7%88.7%88.7%88.7%

Investments and other Investments and other Investments and other Investments and other

assets assets assets assets

10.0%10.0%10.0%10.0%

Loans Loans Loans Loans

90.0%90.0%90.0%90.0%

262626

ICICI LifeICICI LifeICICI LifeICICI Life ((((`̀̀̀ billion)billion)billion)billion)

1.1.1.1. Expense ratio: All expenses (including commission and excluding Expense ratio: All expenses (including commission and excluding Expense ratio: All expenses (including commission and excluding Expense ratio: All expenses (including commission and excluding unit costs) / (Total unit costs) / (Total unit costs) / (Total unit costs) / (Total premium premium premium premium –––– 90% of Single Premium)90% of Single Premium)90% of Single Premium)90% of Single Premium)

Q2-2013 Q2-2014 FY2013

New businessNew businessNew businessNew business received premiumreceived premiumreceived premiumreceived premium 13.0913.0913.0913.09 10.6110.6110.6110.61 48.0848.0848.0848.08

Renewal premiumRenewal premiumRenewal premiumRenewal premium 21.8921.8921.8921.89 19.6519.6519.6519.65 87.3087.3087.3087.30

Total premiumTotal premiumTotal premiumTotal premium 34.9834.9834.9834.98 30.2630.2630.2630.26 135.38135.38135.38135.38

Annualised premium equivalent (APE)Annualised premium equivalent (APE)Annualised premium equivalent (APE)Annualised premium equivalent (APE) 7.817.817.817.81 9.549.549.549.54 35.3235.3235.3235.32

New Business Profit (NBP)New Business Profit (NBP)New Business Profit (NBP)New Business Profit (NBP) 1.171.171.171.17 1.341.341.341.34 5.295.295.295.29

NBP marginNBP marginNBP marginNBP margin 15.0%15.0%15.0%15.0% 14.1%14.1%14.1%14.1% 15.0%15.0%15.0%15.0%

Statutory profitStatutory profitStatutory profitStatutory profit 3.963.963.963.96 3.873.873.873.87 14.9614.9614.9614.96

Assets Under ManagementAssets Under ManagementAssets Under ManagementAssets Under Management 735.21735.21735.21735.21 739.76739.76739.76739.76 741.64741.64741.64741.64

Expense ratioExpense ratioExpense ratioExpense ratio1111 18.6%18.6%18.6%18.6% 20.7%20.7%20.7%20.7% 19.2%19.2%19.2%19.2%

27

ICICI GeneralICICI GeneralICICI GeneralICICI General

1.1.1.1. Excluding remittances from third party motor pool (the Pool) andExcluding remittances from third party motor pool (the Pool) andExcluding remittances from third party motor pool (the Pool) andExcluding remittances from third party motor pool (the Pool) and including premium on including premium on including premium on including premium on reinsurance acceptedreinsurance acceptedreinsurance acceptedreinsurance accepted

2.2.2.2. Includes impact of Includes impact of Includes impact of Includes impact of third party motor pool losses on account of actuarial valuation third party motor pool losses on account of actuarial valuation third party motor pool losses on account of actuarial valuation third party motor pool losses on account of actuarial valuation of the of the of the of the liability for the period FY2007 to FY2012liability for the period FY2007 to FY2012liability for the period FY2007 to FY2012liability for the period FY2007 to FY2012

3.3.3.3. Source: IRDASource: IRDASource: IRDASource: IRDA

Q2-2013 Q2-2014 FY2013

Gross premiumGross premiumGross premiumGross premium1111 15.1715.1715.1715.17 17.0117.0117.0117.01 64.2064.2064.2064.20

PATPATPATPAT 1.011.011.011.01 1.561.561.561.56 3.063.063.063.062222

� Market share based on gross written premium was 9.5%Market share based on gross written premium was 9.5%Market share based on gross written premium was 9.5%Market share based on gross written premium was 9.5%3333

for Aprilfor Aprilfor Aprilfor April----August 2013August 2013August 2013August 2013


28

Other subsidiariesOther subsidiariesOther subsidiariesOther subsidiaries

0.440.440.440.44

0.050.050.050.05

(0.76)(0.76)(0.76)(0.76)

0.180.180.180.18

Q2-2014

1.101.101.101.10

0.200.200.200.20

1.221.221.221.22

0.640.640.640.64

FY2013

0.230.230.230.23

0.060.060.060.06

0.270.270.270.27

0.080.080.080.08

Q2-2013

ICICI Prudential Asset ManagementICICI Prudential Asset ManagementICICI Prudential Asset ManagementICICI Prudential Asset Management

ICICI Securities (Consolidated)ICICI Securities (Consolidated)ICICI Securities (Consolidated)ICICI Securities (Consolidated)

Profit after tax

ICICI VentureICICI VentureICICI VentureICICI Venture

ICICI Securities Primary DealershipICICI Securities Primary DealershipICICI Securities Primary DealershipICICI Securities Primary Dealership

� 21.9% increase in consolidated profit after tax from 21.9% increase in consolidated profit after tax from 21.9% increase in consolidated profit after tax from 21.9% increase in consolidated profit after tax from `̀̀̀ 44.67 44.67 44.67 44.67 bnbnbnbn in H1in H1in H1in H1----2013 to 2013 to 2013 to 2013 to `̀̀̀ 54.45 54.45 54.45 54.45 bnbnbnbn in H1in H1in H1in H1----2014 2014 2014 2014

� 12.9% increase in consolidated profit after tax from 12.9% increase in consolidated profit after tax from 12.9% increase in consolidated profit after tax from 12.9% increase in consolidated profit after tax from

`̀̀̀ 23.90 bn in Q223.90 bn in Q223.90 bn in Q223.90 bn in Q2----2013 to 2013 to 2013 to 2013 to `̀̀̀ 26.98 bn in Q226.98 bn in Q226.98 bn in Q226.98 bn in Q2----2014201420142014

� Consolidated return on average net worth for H1Consolidated return on average net worth for H1Consolidated return on average net worth for H1Consolidated return on average net worth for H1----2014 at 2014 at 2014 at 2014 at 15.1% compared to 14.1% for H115.1% compared to 14.1% for H115.1% compared to 14.1% for H115.1% compared to 14.1% for H1----2013 (14.7% for FY2013) 2013 (14.7% for FY2013) 2013 (14.7% for FY2013) 2013 (14.7% for FY2013)

� Consolidated return on average net worth (Consolidated return on average net worth (Consolidated return on average net worth (Consolidated return on average net worth (annualisedannualisedannualisedannualised) for ) for ) for ) for

Q2Q2Q2Q2----2014 at 14.6% compared to 14.8% for Q22014 at 14.6% compared to 14.8% for Q22014 at 14.6% compared to 14.8% for Q22014 at 14.6% compared to 14.8% for Q2----2013201320132013


29

Key ratiosKey ratiosKey ratiosKey ratios

30

Key ratios (consolidated)Key ratios (consolidated)Key ratios (consolidated)Key ratios (consolidated)

657657657657

92.792.792.792.7

14.614.614.614.6

Q2-

2014

607607607607

83.383.383.383.3

14.714.714.714.7

FY

2013

657657657657

94.194.194.194.1

15.115.115.115.1

H1-

2014

15.615.615.615.614.114.114.114.114.814.814.814.8Return on average Return on average Return on average Return on average networthnetworthnetworthnetworth1,2 1,2 1,2 1,2 (consolidated)(consolidated)(consolidated)(consolidated)

571571571571

77.577.577.577.5

H1-

2013

571571571571

82.982.982.982.9

Q2-

2013

628628628628

95.595.595.595.5

Q1-

2014

Book value (Book value (Book value (Book value (`̀̀̀))))

Weighted avg EPS (Weighted avg EPS (Weighted avg EPS (Weighted avg EPS (`̀̀̀))))2222

(Percent(Percent(Percent(Percent))))

1.1.1.1. Based on quarterly average networthBased on quarterly average networthBased on quarterly average networthBased on quarterly average networth2.2.2.2. Annualised for all interim periodsAnnualised for all interim periodsAnnualised for all interim periodsAnnualised for all interim periods

31

Key ratios (standalone)Key ratios (standalone)Key ratios (standalone)Key ratios (standalone)

39.039.039.039.0

39.439.439.439.4

28.528.528.528.5

3.273.273.273.27

607607607607

79.179.179.179.1

1.751.751.751.75

13.313.313.313.3

Q1-

2014

39.639.639.639.6

38.438.438.438.4

30.330.330.330.3

3.293.293.293.29

633633633633

80.080.080.080.0

1.721.721.721.72

13.213.213.213.2

H1-

2014

40.340.340.340.3

37.337.337.337.3

32.132.132.132.1

3.313.313.313.31

633633633633

80.880.880.880.8

1.701.701.701.70

13.013.013.013.0

Q2-

2014

38.038.038.038.0

40.540.540.540.5

31.131.131.131.1

3.113.113.113.11

578578578578

72.272.272.272.2

1.661.661.661.66

12.912.912.912.9

FY

2013

12.012.012.012.012.212.212.212.2Return on average Return on average Return on average Return on average networthnetworthnetworthnetworth1111

38.338.338.338.3

41.341.341.341.3

32.132.132.132.1

3.003.003.003.00

559559559559

65.265.265.265.2

1.531.531.531.53

H1-

2013

1.541.541.541.54Return on average assetsReturn on average assetsReturn on average assetsReturn on average assets1111

37.537.537.537.5AverageAverageAverageAverage CASA ratioCASA ratioCASA ratioCASA ratio

40.940.940.940.9

31.631.631.631.6

3.003.003.003.00

559559559559

67.967.967.967.9

Q2-

2013

Fee to incomeFee to incomeFee to incomeFee to income

Book value (Book value (Book value (Book value (`̀̀̀))))

Cost to incomeCost to incomeCost to incomeCost to income

Net interest marginNet interest marginNet interest marginNet interest margin1111

Weighted avg EPS (Weighted avg EPS (Weighted avg EPS (Weighted avg EPS (`̀̀̀))))1111

(Percent(Percent(Percent(Percent))))

1.1.1.1. AnnualisedAnnualisedAnnualisedAnnualised for all interim periodsfor all interim periodsfor all interim periodsfor all interim periods2.2.2.2. Since December 31, 2012, the Bank has presented the markSince December 31, 2012, the Bank has presented the markSince December 31, 2012, the Bank has presented the markSince December 31, 2012, the Bank has presented the mark----totototo----market gain or loss on market gain or loss on market gain or loss on market gain or loss on

forexforexforexforex and derivative transactions on gross basis. Figures for previouand derivative transactions on gross basis. Figures for previouand derivative transactions on gross basis. Figures for previouand derivative transactions on gross basis. Figures for previous periods have s periods have s periods have s periods have been reclassified accordingly and return on average assets has bbeen reclassified accordingly and return on average assets has bbeen reclassified accordingly and return on average assets has bbeen reclassified accordingly and return on average assets has been reeen reeen reeen re----computed to computed to computed to computed to reflect this change.reflect this change.reflect this change.reflect this change.

32

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Documents

Performance Review: Q2----20142014 - ICICI Bank · 2013-12-18 · Performance Review: Q2----20142014 October 25, 2013. 2 ... During Q2- ---2014, the Bank transferred SLR securities