ICICI Bank Limited — Board Meeting, 19-07-2025: Outcome of Board Meeting

ICICI Bank's board approved the quarterly financial results. Consolidated profit after tax jumped 15.9% year-on-year to ₹13,558 Cr. Consolidated assets also saw a healthy 10.9% growth, reaching ₹26,68,636 Cr. In a strategic move, the bank will acquire 100% of ICICI Prudential Pension Funds Management Company for ₹2,035 Cr, making it a wholly-owned subsidiary. This is expected to boost group synergies. Key subsidiaries like ICICI Life and ICICI General also posted improved profits, reflecting a strong quarter for the banking giant.