ICICI Bank: rating update from ICRA
ICICI Bank (ICICIBANK) said ICRA has reviewed its credit rating. The company is valued at about ₹10.01 lakh crore.
What happened
In a filing with the BSE on 24 October 2026 at 01:38 PM, ICICI Bank (ICICIBANK) said that ICRA has reviewed its credit rating.
From the filing: "The press releases issued by ICRA and CARE Ratings are attached herewith as Annexure I and Annexure II respectively."
Company snapshot
ICICI Bank is a large-cap company in the Financial Services sector, with a market value of about ₹10.01 lakh crore.
The stock last traded at ₹1,394.2, against a 52-week range of ₹1,187.6–₹1,480 (5.8% below the high).
Before this filing the shares had moved +4.4% over the month and −2.4% over three months. Average daily turnover over the last 20 sessions was about ₹1,616 crore.
Promoters held 0.00% at the end of Q2 FY27. Foreign institutions owned 50.44% and domestic institutions 41.78%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 76,147 | 13,357.1 | 18.71 |
| Q3 FY26 | 76,782 | 12,538 | 17.54 |
| Q4 FY26 | 84,614 | 14,755.1 | 20.62 |
| Q1 FY27 | 79,689 | 15,440.1 | 21.54 |
| Q2 FY27 | 88,161 | 16,333.2 | 22.76 |
What history shows
BCEIE's records show 5 previous credit rating filings from the company since May 2026.
After those filings, the stock gained 0.3% on average the next trading day and was up 1.6% on average after five days (3 filings with price data).
Across 201 similar disclosures by other Financial Services companies, shares moved +0.1% on average the next day and −0.1% over five days; 47% of them rose the next day.
Market-wide, 1,329 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 24 Aug 2026 | Credit rating | +1.1% | +1.6% |
| 18 Aug 2026 | Credit rating | −0.0% | +1.3% |
| 24 Jul 2026 | Credit Rating- New | −0.1% | +1.9% |
What to watch
- Whether other agencies take a similar view on the company's credit.
In the news
Recent coverage elsewhere (links open the original publisher):
- India's ICICI Bank Q2 profit rises 20.1%, beats estimates
- ICICI Bank’s Sandeep Batra says bank has strong internal succession bench, wishes Bagchi 'the very best'...
- ICICI Bank Q2 net rises 20% to ₹14,843 crore as provisions fall
- ICICI Bank Q2 results: Standalone profit rises 20% to Rs 14,843 crore, NII up 17.7%
- ICICI Bank Q2 PAT rises 20.1% to ₹14,843 crore, NIM down to 4.18%
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.