ICICI Bank Approves Q3 FY26 Results; Re-appoints Sandeep Bakhshi as MD & CEO
ICICI Bank's Board approved Q3 FY26 results. Standalone net profit was ₹11,317.86 crore, and consolidated net profit was ₹12,537.98 crore for the quarter ended December 31, 2025. The board also approved the re-appointment of Sandeep Bakhshi as MD & CEO and Ajay Kumar Gupta as Executive Director for two-year terms.
The re-appointment of key leadership positions provides stability and continuity, while the financial results are routine updates for a bank.
The approval of financial results and re-appointment of key management personnel are positive developments for the company.
ICICI Bank Limited announced the outcome of its Board Meeting held on January 17, 2026. The Board approved the unaudited financial results for the quarter and nine months ended December 31, 2025, for both standalone and consolidated statements. The bank also approved the re-appointment of Mr. Sandeep Bakhshi as Managing Director & CEO for a further period of two years, from October 4, 2026, to October 3, 2028, subject to regulatory and shareholder approvals. Additionally, the Board approved the re-appointment of Mr. Ajay Kumar Gupta as Executive Director for a further period of two years, from November 27, 2026, to November 26, 2028, also subject to necessary approvals. These re-appointments are in line with RBI guidelines. The financial results show a net profit for the quarter ended December 31, 2025, of ₹11,317.86 crore on a standalone basis and ₹12,537.98 crore on a consolidated basis. The meeting commenced at 9:45 a.m. and concluded at 2:40 p.m.
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