Q1 Q1-20 2017: 17: Pe Performan formance ce review eview - - PowerPoint PPT Presentation

Q1 Q1-20 2017: 17: Pe Performan formance ce review eview

July ly 29, , 201 016

2

Cer ertai ain statem ements s in these se slides des are e forwar ard-look

• oking

g statem ements. s. These se statem ements s are e based ed on manageme agement's s current expecta pectation

• ns

s and are e subject ect to uncer ertain ainty y and change ges s in circu cums mstan ance ces.

• s. Actual

ual res esult ults s may y diff ffer er materi terial ally y from

• m those

se included luded in these se stateme tements nts due to a variety of factors

• rs.

. More e inform

• rmat

ation

• n about these

se factors

• rs is contai

ained ned in ICICI Bank's 's filings ngs with h the US Securi urities es and Exchange ange Commissi mission

• n.

All finan anci cial al and other er inform

• rmat

ation

• n in these

se slides, des, other er than finan anci cial al and other er inform

• rmation

tion for specific ific subsi sidia iaries es wher ere e specific ifical ally y menti ntion

• ned,

ed, is on an unconsol solidat ated basis s for ICICI Bank Limite mited only unles ess s specifi cifical cally y stated ed to be on a consolida

• lidated basis

s for ICICI Bank Limi mited d and its subsidia diaries.

• s. Pleas

ase also

• refe

efer to the e stateme ment of unconsol solidat ated, d, consoli

• lida

dated d and segm gment ental al res esult ults s req equire uired by Indian n regula egulati tions

• ns that has,

, along ng with th these se slides ides, , been en fil iled ed with th the e stock k exchanges in India where ICICI Bank’s equity shares are listed and with the New York k Stock Exchange ange and the US Securiti urities s and Exchange hange Commi mmiss ssion, n, and is availabl able on our website site www.i .ici cicib cibank. ank.co com

3

P&L indicators cators

Ag Agen enda da

Cr Credit dit qu quality ity Subsid idiaries iaries Capital tal Growth th

4

P&L indicators cators

Ag Agen enda da

Cr Credit dit qu quality ity Subsid idiaries iaries Capital tal Growth th

5

Loan an gr growth wth driven iven by ret etail ail

Overall ll loan gr growth th at 12.4% 4% y-o-y; ; domestic tic loan gr growth h at 16.9% 9% y-o-y Total loans at ` 4,494 94 bn at June 30, 2016

1. 1.Overseas as portfol

• lio

io decrease ased d by 7.1% y-o-y in US$ terms

Share of retail ail loans in total loans incre reased ed from 42.8% 8% at June 30, 2015 5 to 46.4% 4% at J June e 30, 2016

1

6

Retail tail portfoli rtfolio:

• : robu
• bust

st gr growth wth across ross segm gments ents

1. 1.

Jun 30, 2016: : Vehicle le loans ns include udes auto loans ns 11.0%, 0%, commercial cial busines ness 6.3%, %, two-whe heele ler r loans ns 0.1%

Retail il loan gr growth h at 22.1% 1% y-o-y Total retail il loans at ` 2,088 88 bn at Jun 30, 2016

1

Corporate rporate portfoli rtfolio:

• : selective

lective increm cremental ntal lend ending ing

7

Continu nued ed focus on lendin ing g to high gher er rated d corpora rates tes Increme ementa ntal l disbur ursem emen ents ts within in the revis ised ed concentra tration tion risk k manage gemen ent t framework

• rk

8

St Strong rong CAS ASA A deposits eposits gr growth wth

15.3% 3% y-o-y gr growth h in total deposit sits; s; proportio

• rtion

n of retail il deposits its at about 77%

Balance ance sheet: slide 53 53

• 17.9%

9% y-o-y gr growth h in period iod-en end d CAS ASA A deposit its s and ave verage ge CAS ASA A deposits its

• Accreti

retion of ₹ 39.85 billio llion n to SA dep eposits sits in Q1 Q1-2017 017

• Average

ge CAS ASA A ratio impro roved ed from 40.5% % in Q4-2016 2016 at 41.7% 7% in Q1 Q1-2017 2017

9

Ex Extensive ensive fr franchise nchise

Bran anch ches es At Mar 31, 31, 2014 2014 At Mar 31, 31, 2015 2015 At Mar 31, 31, 2016 2016 At Jun 30, 30, 2016 2016 % shar are e at Jun 30, 2016 2016 Metro 935 935 1,011 1,159 1,159 26.0% Urban an 865 865 933 933 997 997 997 997 22.4% Semi mi urban an 1,114 1,217 1,341 1,342 30.2% Rural al 839 839 889 889 953 953 953 953 21.4% Total branches 3,753 4,050 4,450 4,451 100.0% Total ATMs 11,315 12,451 13,766 14,073

10

Leadersh rship ip in te techno nology logy

11

Growi

• wing

ng payment yments fr franc nchise hise

Nu Number

• f cards

Card spends ds

12

Sp Spect ectrum rum of f uniqu ique e digit gital al off fferings erings

• India’s first ‘Digital Bank’: Am

Amongs gst the top four wallet t apps in terms ms of time spent t on the app app2

• Only bank app to figu

gure re in the top wallet et apps

• Ab

About 4.4 million lion downloa

• ads

s

• Banking

g servic ices es available le on Facebook and Twitter er

• Fan base of over 4.7 million

lion on Facebook

• k

Social media

• Over150

150 servic ices es includ udin ing g industry try first st featur ures es

• High

ghest est ove verall ll sco core e in 2016 India ia Mo Mobile le Banking Function ionality lity Benchmark ark study conducted ted by Forres rester ter Digi gital al wallet iMobile ile

1.

• 1. Conduct

ucted d by F Forre rester er

2.

• 2. As per Nielsen

n Whitepape aper r on Wallets ts

13

Ad Adoptio

• ption of

f digita gital l off fferings erings

1.

• 1. Financ

ancial ial and non-fi financ nancial al transact actio ions ns of savings gs accoun

• unt customers

rs

2.

• 2. Include

udes touch h banking ng, , phone ne banking ng & debit cards ds POS transact actio ions ns Channe nel l mix of trans nsact actio ions ns for Q1-2017 2017

1

14

Key ey initiat itiatives ives during ring Q1-2017 2017

India’s first contactless business credit card introduced for SMEs and their ir employe

• yees

Seve veral al next ge genera ration tion feature ures introd roduc uced ed on iMo Mobile ile includin uding g

• Instant

nt tax payment;

• Issuance

e of persona nalis lised ed ‘Expressions’ debit cards;

• Safegu

guard arding ing ch cheques es with ‘Positive Pay’; and

• Purchase

se of insura ranc nce e and mutual l funds

15

Ded edicat icated ed Tec echno nolog logy y and Digit gital al Group

• up fo

formed rmed

• All

l techno hnology logy function ctions s in the e Bank k acro ross ss retail, tail, whol

• lesa

esale le and nd SME E businesses sinesses integ egrated rated

• Key

y function tions of this is Group

• up includ

clude e strengtheni rengthening ng digi gital tal channe nnels, ls, business siness intell telligence gence and nd use of analytics, alytics, and d devel eveloping ng stra rategic tegic par artner tnershi hips s to maintai intain n leadershi eadership in digita gital l banking anking

• Crea

eated ted an Innovation novation Lab b which h will l focus cus on prototyp rototyping, ing, incub ubating ting and nd piloting iloting stra rategic tegic digit igital al projects rojects Scal aling ing up innovation novations s and nd sustai taini ning ng digi gital tal leadershi eadership acros ross s segmen ments s with h focus cus on custo tomer mer exper xperien ience, e, cross

• ss-

sell, ll, oper perati ating ng efficie icienc ncy y and d analy alytics tics

Way forward rd

16

P&L indicators cators

Ag Agen enda da

Cr Credit dit qu quality ity Subsid idiaries iaries Capital tal Growth th

17

1. 1.

During ng Q1-2017, , the Bank sold net N NPAs amount ntin ing to ` 22.32 billion

• n to ARCs. The

gross shortfa fall l amounti ting ng to ` 5.26 billio ion n on such sales is amortis ised over four quart rters

• rs. Accor
• rdi

dingly gly, during ng the three months ended June 30, 2016, 6, the Bank has recognise gnised a loss of ` 1.32 billio ion

2. 2.

Based on customer r assets

` billion FY2015 15 Q1 Q1- 2016 2016 Q4 Q4- 2016 2016 FY2016 16 Q1 Q1- 2017 2017 Openi ning ng gross ss NPA 105.54 54 152.42 42 213.56 56 152.42 42 267.21 21 Add: gross ss addition

• ns

80.78 16.72 70.03 171.13 13 82.49

• of which:

ch: slippa pages ges from

• m

rest structur uctured ed assets 45.29 2.92 27.24 53.00 13.21

• of which:

ch: Slipp ppages ges from

• m

exposure to ‘below investment grade’ companies in key y sector ctors s reported

• rted
• 45.59

Less: s: reco cove veries es & upgrade des 16.36 5.44 7.81 21.84 7.92 Net addition

• ns

64.42 11.28 62.22 149.29 29 74.57 Less: s: write-off

• ffs

s & sale1 17.54 10.84 8.57 34.50 66.15 Closi sing ng gross ss NPAs 152.42 42 152.86 86 267.21 21 267.21 21 275.63 63 Gross

• ss NPA ratio2

3.29% 3.26% 5.21% 5.21% 5.28%

Moveme vement nt of f NPA A (1/2 /2)

18

Ab About 77% of the gr gross s additio ions ns to NPAs As for the wholesa sale le & a and SME business esses es in Q1-201 2017 7 were on account of slipp ppages ges from companies ies intern ernally ally rated below inve vestm tment ent gr grade in key s y sect ctors rs and slippages pages from the restru truct ctur ured ed portfol folio io

Moveme vement nt of f NPA A (2/2 /2)

19

As Asset et quality ality and provisioning rovisioning

` billion June 30, 2015 2015 March ch 31, 2016 2016 June 30, 2016 2016 Gross

• ss NPAs

152.86 86 267.21 21 275.63 63 Less: s: cumula ulative ve provisio visions ns 88.84 134.24 24 122.55 55 Net NPAs 64.02 132.97 97 153.08 08 Net NPA ratio 1.40% 2.67% 3.01% Retail NP NPAs (` billion) n) June 30, 2015 2015 March ch 31, 2016 2016 June 30, 2016 2016 Gross

• ss ret

etai ail NPAs 36.33 38.25 41.47

• as a % of gross

ss ret etai ail advance ces 2.10% 1.86% 1.96% Net retail ail NPAs 11.79 12.44 13.55

• as a % of net retail

ail advances ces 0.69% 0.61% 0.65%

Net inve vestment tment in securi urity ty receipts ceipts of ARCs Cs was ` 22.39 billio llion n at June 30, 2016 (March arch 31, 2016: ₹ 6.24 bill illion ion); ); the Bank k sold ld net NPAs As amountin

• unting

g to ` 22.32 bill illion n to ARCs s during uring Q1-201 2017

20

NPA A and d res estructuring tructuring trends ends

` billion June 30, 2015 2015 March h 31, 2016 2016 June 30, 2016 2016 Net NPAs (A) 64.02 132.97 97 153.08 08 Net rest struc uctured ured loans s (B) 126.04 04 85.73 72.41 Total (A+B) B) 190.06 06 218.70 70 225.49 49 Total as a % of net custo tome mer asse sets ts 4.15% 4.40% 4.44%

Outstanding ding ge genera eral l provis ision ion on standard rd assets: ` 25.14 14 billion lion at June e 30, 2016 Provis isioni ioning g coverage ge ratio

• at 57.1%

1% includ udin ing g cu cumulativ tive e tech chnic ical/ al/ prudentia ential l write-offs;

• ffs; 44.7%

7% excludin uding g cumulativ tive e technic ical/ al/ prude denti ntial l write-offs

• ffs

21

Portf tfolio

• lio tr

trend nds s and approach ch

Portfolio rtfolio composit

• mposition

ion over er the e yea ears rs

22

1.

• 1. Includi

uding ng impact ct of e exchang hange rate movement

% of total al advance ces March ch 31, 2012 March ch 31, 2013 March ch 31, 2014 March ch 31, 2015 March ch 31, 2016 June 30, 2016 2016 Retai ail 38.0% 37.0% 39.0% 42.4% 46.6% 46.4% Domes mestic tic corpor

• rat

ate 28.6% 32.5% 30.1% 28.8% 27.5% 28.4% SME SME 6.0% 5.2% 4.4% 4.4% 4.3% 4.0% Inter ernat nation

• nal

al1 27.4% 25.3% 26.5% 24.3% 21.6% 21.2% Total advances (` billion) 2,537 2,902 3,387 3,875 4,353 4,494

Se Sector ctor-wise wise ex exposures posures

23

1.

• 1. Top 10 based on positio

ion n at June 30, 2016

2.

• 2. Figur

ures may not be f fully comparabl arable with subsequent uent periods ds due to certai ain n reclas assi sifi ficat catio ions ns effective 2013

Top 10 sectors tors1: : % of total al exposur sure of the e Bank March 31, 31, 2012 20122 March 31, 31, 2013 20132 March 31, 2014 March 31, 2015 March h 31, 2016 June 30, 2016 2016 Retail finance ce 16.2% 18.9% 22.4% 24.7% 27.1% 28.5% Electr ctronics

• nics & engi

gine neeri ering ng 8.1% 8.3% 8.2% 7.6% 7.3% 7.4% Banks ks 10.1% 8.8% 8.6% 7.8% 8.0% 6.1% Road, , port, , telec ecom, m, urban devel velopment pment & other infra fra 5.8% 6.0% 6.0% 5.9% 5.8% 6.0% Crude de petrole

• leum/re

um/refi fini ning g & petrochemica chemicals 5.5% 6.6% 6.2% 7.0% 5.7% 5.8% Power 7.3% 6.4% 5.9% 5.5% 5.4% 5.4% Service vices s – finance ce 6.6% 6.0% 4.9% 4.2% 4.9% 5.3% Service vices s - non finance ce 5.5% 5.1% 5.2% 5.0% 4.9% 4.8% Iron/st /stee eel & products ucts 5.2% 5.1% 5.0% 4.8% 4.5% 4.0% Constructio ction 4.3% 4.2% 4.4% 4.0% 3.4% 3.3% Total exposure of the Bank (` billion) 7,133 7,585 7,828 8,535 9,428 9,265

24

There re are uncerta tain inties ties in respec ect t of certain ain sectors rs due to:

• Weak gl

global l economic mic environ ronmen ment

• Low commodit

ity prices es

• Gradual

l nature re of the domestic tic economic ic recovery ery

• High

gh leve vera rage ge The Bank had identified tified power, , iron n & s steel el sectors rs, , mining ng, , cement t and rigs gs sectors

• rs as t

the key sectors rs in this context xt

Ag Aggr gregate egate ex exposure posure to ke key sec ectors tors

25

% of total al exposur sure of the Bank March ch 31, 2012 2012 March ch 31, 2013 2013 March ch 31, 2014 2014 March ch 31, 2015 2015 March ch 31, 2016 2016 June 30, 2016 2016 Power er 7.3% 6.4% 5.9% 5.5% 5.4% 5.4% Iron/st /steel 5.2% 5.1% 5.0% 4.8% 4.5% 4.0% Mining ng 2.0% 1.7% 1.7% 1.5% 1.6% 1.6% Ceme ement nt 1.2% 1.4% 1.4% 1.5% 1.2% 1.2% Rigs gs 0.5% 0.5% 0.8% 0.5% 0.6% 0.5%

Furth rther er drilld illdown:

• wn: approach

pproach

26

All internally ‘below investment grade’ rated companies in key sectors rs across domestic tic corpora

• rate,

e, SME and intern ernat ationa ional l branches es portfolios

• lios

Prom

• moter

ter entitie ities s internally ‘below investment grade’ where e the underlyin rlying g is partly ly linke ked d to the key sectors rs SDR and 5/25 5 refin inanc ncin ing g included uded Fund-ba based ed limits its and non-fu fund nd based outstandin nding g to above categor gories ies considered dered

1 2 3 4

Loans alread ady classified fied as r restru tructur ured ed and non- performi forming ng excl cluded ded

5

Furth rther er drilld illdown:

• wn: ex

expos posure re

27

1.

• 1. Aggre

rega gate fund based limits and non-fu fund nd based outstandi anding ng

2.

• 2. Exclu

ludes es central ral public ic sector r owned undertak takin ing

3.

• 3. Promot
• ter

r entities where underly lyin ing is p partl tly linked to t the key s sectors rs

4.

• 4. In additi

tion,

• n, about

ut ₹ 20 20 bn bn of n non-fun und d based d exposur ure to b borrow rowers rs already ady classi sifie ied as non-per erform

• rming

ng needs to be c closely ly monitore red d for potential ial devolvement nt; ; inclu ludin ing g this ₹ 20 20 bn bn, the aggre rega gate non-fun und based

• utstand

andin ing g to borrowe rowers rs alread eady classi sifi fied d as non-perfor rforming ng was ₹ 33 33 bn bn at June 30, 2016

` billion Exposur sure 1,2 at June 30, 2016 % of total al exposur sure of the e Bank Power er 114.26 26 1.2% Mining ng 77.28 0.8% Iron/st /steel 49.02 0.5% Cem ement ent 56.71 0.6% Rigs gs 25.61 0.3% Promoter moter enti tities ties3 64.36 0.7%

28

Furth rther er drilld illdown

• wn:

: movement vement in Q1-2017 2017

1. 1.Aggre

rega gate fund based limits and non-fu fund nd based outstandi anding ng

2. 2.Exclu

ludes es central ral public ic sector r owned undertak takin ing

3. 3.Include

udes promot

• ter

r entities s where underl rlying ng is p partly ly linked to t the key s sectors rs

Aggreg gregate te exposure sure1,2,

,2,3 at March

h 31, 2016 (₹ bill llion) n) 440.65 65 Net redu ducti ction in exposur sure (3.65) 65) Net rating upgrade to ‘investment grade’ (4.19) 19) Slippage page to non-perfo erforming ng loans (45.5 .59) 9) Aggr gregate exposur sure1,2,

,2,3 at June

e 30, 2016 387.23 23

29

Ag Agen enda da

P&L indicators cators Cr Credit dit qu quality ity Subsid idiaries iaries Capital tal Growth th

30

Profit fit & loss ss statemen atement

1. 1.

Include udes net foreign n exchange ange gains ns relatin ing to o

• verseas

as operat atio ions ns of ` 9.41 billion

• n in FY2016,

, ` 3.47 billion ion in Q1 Q1-2016, , ` 2.61 billion ion in Q4 Q4-2016 and ` 2.06 billion

• n in Q1

Q1-2017 2017

2. 2.

Include udes profit it on sale on share rehol holdin ding in ICICI Life and ICICI General ral of ₹ 21.31 billion

• n in Q4-2016 and ` 33.74 billion
• n in FY2016

` billion FY FY 2016 2016 Q1 Q1- 2016 2016 Q4 Q4- 2016 2016 Q1 Q1- 2017 2017 Q1 Q1-o-Q1 Q1 growt

• wth

NII 212.24 24 51.15 54.05 51.59 0.9% Non-interest st income

• me

153.22 22 29.90 51.09 34.29 14.7%

• Fee

ee income

• me

88.20 21.10 22.12 21.56 2.2%

• Other

her income

• me1

24.42 6.73 7.07 5.05 (25.0 .0)% )%

• Trea

easur sury y income

• me2

40.60 2.07 21.90 7.68

• Total income

365.46 81.05 105.14 85.88 6.0% Oper erat ating ng expens enses 126.83 83 30.67 34.06 33.73 10.0% Operating profit 238.63 50.38 71.08 52.15 3.5%

31

Profit fit & loss ss statemen atement

` billion FY FY 2016 2016 Q1 Q1- 2016 2016 Q4 Q4- 2016 2016 Q1 Q1- 2017 2017 Q1 Q1-o-Q1 Q1 growt

• wth

Operating profit 238.63 50.38 71.08 52.15 3.5% Provisio sions ns and collec lectiv tive e continge ngency cy and rel elat ated res eserve ve 116.67 671 9.56 69.261 25.152

• Profit before tax

121.96 40.82 1.82 27.00 (33.9)% Tax 24.70 11.06 (5.20) 20) 4.68 (57.7 .7)% )% Profit after tax 97.26 29.76 7.02 22.32 (25.0)%

1. 1.

Include udes collect ectiv ive contin inge gency ncy and related d reserve of ₹ 36.00 billion ion

2. 2.

Du During ng Q1 Q1-20 2017 17, , there was a d drawdow wdown n of ₹ 8.65 5 billion

• n from the collecti

ctive contin inge gency ncy and related d reserve

32

Yi Yield, eld, cost

• st & margin

gin

Move veme ment t in yi yiel eld, d, costs ts & margins gins (Per ercent) cent)1 Q1 Q1- 2015 2015 Q4 Q4- 2016 2016 Q1 Q1- 2017 2017 FY2016 16 Yiel eld d on total al intere erest st- earning ning asset ets 8.87 8.40 8.17 8.67

• Yiel

eld on advance ces 9.72 9.22 9.06 9.47 Cost of funds 6.03 5.66 5.65 5.85

• Cost of deposi

sits 6.06 5.73 5.64 5.88 Net intere erest st mar argin gin 3.54 3.37 3.16 3.49

• Dome

mest stic 3.90 3.73 3.45 3.83

• Ove

vers rseas as 1.88 1.62 1.65 1.86

1. 1.

Annuali ualise sed for all interim periods ds

33

Other er ke key ratios tios

Perce cent Q1 Q1-20 2016 16 Q4 Q4-20 2016 16 Q1 Q1-20 2017 17 FY2016 16 Return urn on aver erage age networ

• rth1

14.6 3.2 9.9 11.3 Return urn on aver erage age asse sets ts1 1.91 0.41 1.27 1.49 Wei eighte ghted d aver erage age EPS1 20.6 4.9 15.4 16.8 Book va value ue (`) 144 144 154 154 158 158 154 154 Fee e to income me 26.0 21.0 25.1 24.1 Cost to income me 37.8 32.4 39.3 34.7 Aver erage age CASA ratio 41.1 40.5 41.7 40.7

1. 1.

Annuali ualise sed for all interim periods ds

34

Ag Agen enda da

P&L indicators cators Cr Credit dit qu quality ity Subsid idiaries iaries Capital tal Growth th

35

Dome mestic stic subsidia sidiaries ries

36

IC ICIC ICI I Life fe (1/2 /2)

1. 1.

FY2016 PAT as per restate ted financials ncials

2. 2.

All expenses s (includi cluding ng commission) ssion) / ( (Total al premium um – 90% of single premium) m)

3. 3.

Source: ce: Life Insurance rance Counci ncil; l; Retail l weighte ted received d premium um basis

Sustaine ned leaders ershi hip in private te sector r with an overall ll market t share of 11.2% 2%3 and privat ate e sector r market t share of 23.3% 3%3 in in Q1 Q1-201 017 7

` billion Q1 Q1-20 2016 16 Q1 Q1-20 2017 17 FY2016 16 New busines ness s prem emium um 12.21 12.59 67.66 Renew newal al prem emium um 18.92 23.00 123.99 99 Total prem emium um 31.13 35.60 191.64 64 Profit fit after er tax1 3.97 4.05 16.53 Asse sets s under er manageme agement nt 990.88 88 1,092. 2.82 82 1,039. 9.39 39 Annualised sed prem emium um equivalen valent (APE) 9.10 10.11 51.70 Expens ense e ratio2 19.6% 21.0% 14.6%

37

IC ICIC ICI I Life fe (2/2 /2)

File led d a d draft red herrin ring g prospec ectu tus (DRHP) P) with the Securitie ities s and Exchange nge Board of India for a p public ic

• ffer

r repre rese sentin ting g approxi

• ximatel

tely 12.65% 65% of its equity ty share capital, l, for cash, through gh an offer r for sale by t the Bank

38

IC ICIC ICI I Gen enera eral

` billion Q1 Q1-20 2016 16 Q1 Q1-20 2017 17 FY2016 16 Gross

• ss written

en prem emium um1 21.22 29.55 83.07 Profit fit befo fore e tax 1.61 1.92 7.08 PAT 1.16 1.31 5.07

1. 1.

Exclu ludin ing g remittanc ances from motor declin ined pool and includi uding g premium on reinsur uranc ance accepte pted

2. 2.

Source: ce: General al Insurance rance Council cil

Sustaine ned leaders ershi hip in private te sector r with an overall ll market t share of 10.5% 5%2 and privat ate e sector r market t share of 22.6% 6%2 in Q1 Q1-2017 017

39

Other er subsid sidiaries iaries

Profit af after ta tax (` billion

• n)

Q1 Q1-20 2016 16 Q1 Q1-20 2017 17 FY2016 16 ICICI Prudent ential al Asset et Manage geme ment nt 0.80 0.98 3.26 ICICI Securi urities es Prima mary y Dealership alership 0.33 0.76 1.95 ICICI Securi urities es (Consol solida dated) d) 0.61 0.69 2.39 ICICI Venture ure (0.03) 03) (0.03) 03) (0.21) 21) ICICI Home e Financ nce 0.47 0.45 1.80

ICICI I AM AMC was t the large gest st AM AMC in India ia based on average ge AUM in Q1 Q1-20 2017 17

Slide 59 59

40

Oversea rseas s subsidiaries sidiaries

41

IC ICIC ICI I Ba Bank nk UK UK

USD SD million

• n

Q1 Q1-20 2016 16 Q1 Q1-20 2017 17 FY2016 16 Net intere erest st income

• me

15.6 17.5 71.5 Profit fit after er tax 0.5 0.5 0.5 Loans and advanc nces es 2,982. 2.2 2,687. 7.2 3,144. 4.1 Depos posits 2,307. 7.9 2,019. 9.2 2,466. 6.9

• Retai

ail term deposits sits 986.9 635.8 738.5 Capital al adequ quacy acy ratio 18.5% 17.9% 16.7%

• Tier

er I 14.2% 14.2% 13.1%

Asset and liabil ility ty compos

• sit

ition ion: : slide 57 57

42

IC ICIC ICI I Ba Bank nk Canada nada

CAD million

• n

Q1 Q1-20 2016 16 Q1 Q1-20 2017 17 FY2016 16 Net intere erest st income

• me

18.9 20.8 82.8 Profit fit after er tax 7.8 0.9 22.4 Loans and adva vanc nces es 5,225.7 5.7 5,774.9 4.9 5,767.4 7.4

• Securi

uritise sed insured ured mortgag gages es 2,624. 4.4 2,978. 8.4 2,967. 7.6 Depos posits 2,303.6 3.6 3,062.9 2.9 2,732.1 2.1 Capital al adequ quacy acy ratio 27.7% 22.5% 23.6%

• Tier

er I 27.7% 22.5% 23.6%

Asset and liabil ility ty compos

• sit

itio ion: n: slide 58 58

The lower r profit fits s were primarily rily on account of high gher er provi vision ions s on existing ting impaired red loans

43

Consolidate lidated d finan nancials cials

44

Conso solidat lidated ed profit rofit & loss ss state atement ment

` billion Q1 Q1- 2016 2016 Q4 Q4- 2016 2016 Q1 Q1- 2017 2017 Q1 Q1-o-Q1 Q1 growth

• wth

FY2016 16 NII 60.94 64.51 61.95 1.7% 252.97 97 Non-interest st income

• me

80.75 130.53 53 94.90 17.5% 421.02 02

• Fee

ee income

• me

24.54 26.07 24.95 1.7% 101.28 28

• Prem

emium um income

• me

47.78 82.57 55.95 17.1% 263.84 84

• Other

her income

• me

8.43 21.89 14.00 66.1% 55.90 Total income 141.69 195.04 156.85 10.7% 673.99 Oper erat ating ng expen penses ses 83.43 121.22 22 95.12 14.0% 407.90 90 Operating profit 58.26 73.82 61.73 6.0% 266.09

45

Conso solidat lidated ed profit rofit & loss ss state atement ment

` billion Q1 Q1- 2016 2016 Q4 Q4- 2016 2016 Q1 Q1- 2017 2017 Q1 Q1-o-Q1 Q1 growt

• wth

FY FY 2016 2016 Operating profit 58.26 73.82 61.73 6.0% 266.09 Provisio sions ns and collecti ctive ve contingency ngency and rel elat ated res eserv erve 10.92 70.97 27.13 148.4% 4% 123.05 05 Profit before tax 47.34 2.85 34.60 (26.9)% 143.04 Tax 13.27 (3.15) 15) 7.17 (46.0 .0)% )% 33.77 Minori

• rity

y intere erest st 1.75 1.93 2.27 29.7% 7.47 Profit after tax 32.32 4.07 25.16 (22.2)% 101.80

46

Key ey ratios tios (consolidat

• nsolidated

ed)

Perce cent Q1 Q1-20 2016 16 Q4 Q4-20 2016 16 Q1 Q1-20 2017 17 FY2016 16 Retur urn n on average ge networ

• rth

th1,2

,2

15.0 1.7 10.6 11.3 Weight ghted d average ge EPS (`)1 22.4 2.8 17.4 17.5 Book value ue (`) 151 151 162 162 166 166 162 162

1. 1.

Based on quart rterl rly averag age networt rth

2. 2.

Annuali ualise sed for all interim periods ds Consoli lidat dated d balance ance sheet: slide 60 60

47

Ag Agen enda da

P&L indicators cators Cr Credit dit qu quality ity Subsid idiaries iaries Capital tal Growth th

48

Capital pital adequac equacy

Exces cess s Ti Tier-1 1 ratio io of 5.34% % ove ver the minimu mum m requir irem emen ent t of 7.68% 8% as p per curren ent t RBI gu guideli eline nes

• Capital

l ratios

• s sign

gnific ificantl ntly high gher er than regu gula lato tory ry requir uiremen ements ts

• Tier-1

1 capital is composed d almost entire irely ly of core equity ty capital

• Substantia

tial l scope to raise e Ad Additio iona nal l Tier-1 1 and Tier-2 2 capital

June 30, 2016 Tier er I CAR 16.451% 13.021%

Standa andalone lone

As Assuming g Tier-1 1 ratio

• at 1

10.00 00%, %, surplu lus capital l of about ` 188 188 billion lion at June e 30, 2016

Capital tal adequac uacy ratio ios: s: slide 61 61

9.2% % y-o-y y gr growth h in risk k weigh ghted ted assets compared ed to 13.4% 4% y-o-y gr growth h in total assets

• 1. Includ

udin ing profit its for Q1-2017 2017

49

Sh Sharp rp fo focus us on strateg rategic ic priorit iorities: ies: 4x4 4 age genda nda

Robust t fundin ing profile file Digi gital al leaders ershi hip & strong g customer er franchi hise Continu nued ed cost efficien ciency cy Focus on capital effic icien iency includin uding g value unlockin king Monitorin

• ring

g focus Improve

• vemen

ent in portfolio folio mix Conce centra tration tion risk reduc uctio tion Resoluti lution n of stres ess ca cases

Enhan hancing cing franchise anchise Portfolio

• lio

quality ity

In In summary mary (1/2 /2)

50

Continu nuin ing g momentum um in retail il lending ding Increm remen enta tal l corpora rate te lendin ding g within in limit it framework

• rk

for enhanced ced manage gement ent of co conce centra tration tion risk

2 1

Loan gr growth back cked by s y strong fundin ing profil ile e and customer er franchi hise

3

Ma Maintaini ining ng leadersh ership ip in digi gita tal l and tech chnolog logy- enabled ed customer er convenien ience

4

In In summary mary (2/2 /2)

51

Close e monitorin

• ring

g of existin ting g portfolio

• lio with focus on

resolu lutio tion n and reduc uctio tion n of vulnera erable ble exposur ures es

5

Stron

• ng

g capital l base with Tier-1 1 capital l adequacy of 13.02% 02%1 Focus on value unlocki cking; ng; DRHP for IPO of ICICI I Life file led d with SEBI

6 7

• 1. Includi

uding ng profit its for Q1-2017 2017

52

Thank k you

53

Ba Balance lance sheet eet: : asset ets

` billion June 30, 2015 2015 March ch 31, 2016 2016 June 30, 2016 2016 Y-o-Y Y growt

• wth

Cash & bank balan ance ces 303.93 93 598.69 69 387.31 31 27.4% Invest stments 1,480. 0.78 78 1,604. 4.12 12 1,683. 3.22 22 13.7%

• SLR inves

estme ments 1,026. 6.10 10 1,104. 4.06 06 1,184. 4.59 59 15.4%

• Equity

y inves estment ent in subsidia diaries 110.89 89 107.63 63 107.63 63 (2.9)% 9)% Advance ces 3,997. 7.38 38 4,352. 2.64 64 4,494. 4.27 27 12.4% Fixed ed & other er asse sets 631.17 17 651.50 50 707.43 43 12.1%

• RIDF 1and rel

elat ated ed 287.78 78 280.66 66 269.45 45 (6.4)% 4)% Total assets 6,413.26 7,206.95 7,272.23 13.4% Net inves estment in secur urity y receip eceipts s of asset et recons constructi ction n compani anies s was ` 22.39 9 billion

• n at June 30, 2016 (March

ch 31, 2016: 6: ₹ 6.24 4 billion

• n)

1.

• 1. Rural

al Infras astru truct ctur ure Development nt Fund

54

Eq Equity ity invest estment ment in subsidiaries sidiaries

` billion June 30, 2015 2015 March ch 31, 2016 2016 June 30, 2016 2016 ICICI Prudent ential al Life fe Insurance ance 35.93 35.07 35.07 ICICI Bank Canad ada 27.32 25.31 25.31 ICICI Bank UK 18.05 18.05 18.05 ICICI Lombar ard General neral Insura uranc nce 14.22 13.81 13.81 ICICI Home e Financ nce 11.12 11.12 11.12 ICICI Securi urities ties Limi mited ted 1.87 1.87 1.87 ICICI Securi urities es Prima mary y Dealership alership 1.58 1.58 1.58 ICICI AMC 0.61 0.61 0.61 ICICI Venture ure Funds Mgmt mt 0.05 0.05 0.05 Other hers 0.14 0.14 0.14 Total 110.89 107.63 107.63

55

Ba Balance lance sheet eet: : liabili abilities ties

` billion June 30, 2015 2015 March ch 31, 2016 2016 June 30, 2016 2016 Y-o-Y Y growt

• wth

Net worth 833.59 59 897.36 36 919.50 50 10.3%

• Equity

y capital al 11.61 11.63 11.64 0.3%

• Rese

serve ves 821.98 98 885.73 73 907.86 86 10.4% Depos posits 3,678. 8.77 77 4,214. 4.26 26 4,240. 0.86 86 15.3%

• Savings

ngs 1,167. 7.65 65 1,342. 2.30 30 1,382. 2.15 15 18.4%

• Curr

rrent ent 455.49 49 588.70 70 531.33 33 16.7% Borrowi

• wings

ngs1,2

1,2

1,631. 1.20 20 1,748. 8.07 07 1,740. 0.95 95 6.7% Other her liab abilities 269.70 70 347.26 26 370.92 92 37.5% Total liabilities 6,413.26 7,206.95 7,272.23 13.4%

Cred edit/d t/dep eposit sit ratio tio of 85.6% on the e domestic

• mestic bal

alance ance sheet eet at June e 30, 2016 2016

1.

• 1. Borrowings
• wings include

lude preference nce shares amount ntin ing g to ₹ 3.50 billion

• n

2.

• 2. Includi

uding ng impact ct of e exchang hange rate movement

56

Composit mposition ion of f borrowings rrowings

` billion June 30, 2015 2015 March ch 31, 2016 2016 June 30, 2016 2016 Dome mest stic 729.68 68 788.29 29 815.25 25

• Capital

al instrume uments1 383.8 .87 7 361.90 90 354.68 68

• Other

er borrowings ngs 345. 5.81 81 426.39 39 460.57 57

• Long ter

erm m infra frast struc ucture ure bonds 68.50 68.50 133.50 50 Overse erseas as2 901.52 52 959.78 78 925.70 70

• Capital

al instrume uments 21.6 .62 22.52 22.95 5

• Other

er borrowings ngs 879. 9.90 90 937.26 26 902.75 75 Total borrowings2 1,631.20 1,748.07 1,740.95

Cap apita ital l instr trum uments ents cons nstitute titute 43.5% % of domes

• mesti

tic bor

• rro

rowin wings

1. 1.

Includ udes preference nce share capit ital al ` 3.50 0 billio ion

2. 2.

Includi uding ng impact ct of e exchang hange rate movement Fundi ding ng profile le: : slide 8

57

IC ICIC ICI I Ba Bank nk UK UK1

Total liabilities: USD 4.0 bn Total assets: USD 4.0 bn

1. 1.

At June 30, 2016

2. 2.

Include udes cash h & a advanc ances to b banks, s, T B Bills

3. 3.

Include udes securi riti ties s re-clas lassif ifie ied d to loans s & advance nces ICICI Bank UK key p perform rmanc ance highli light ghts: s: slide 41 41

Asset profile Liability profile

3 2

58

IC ICIC ICI I Ba Bank nk Canada nada1

1. 1.

At June 30, 2016

2. 2.

Includ udes cash h & a advance ances to b banks and government nt securi riti ties

3. 3.

Based on IFRS, securit itis ised portfol

• lio

io of CAD 2,978 mn mn conside idere red d as part of i insure red d mortgag age portfol

• lio

io at June 30, 2016

4. 4.

As per IFRS, proceeds ds of CAD 2,943 mn mn from sale of securit itis ised ed portfoli

• lio
• consi

side dere red d as part of b borrowi rowings ngs at June 30, 2016 2016

Total liabilities: CAD 6.8 bn Total assets: CAD 6.8 bn Liability profile Asset profile

ICICI Bank Canada da key p perform rmanc ance highli light ghts: s: slide 42 42

2 3 4

59

IC ICIC ICI I Home

• me Finance

ance

` billion Q1 Q1-20 2016 16 Q1 Q1-20 2017 17 FY2016 16 Loans and advanc nces es 81.06 88.73 87.22 Capital al adequ quacy acy ratio 24.9% 26.4% 26.1% Net NPA ratio 0.62% 0.66% 0.60%

Other subsidi diarie aries: : slide 39 39

60

Conso solidat lidated ed balance alance sheet eet

` billion June 30, 2015 2015 March ch 31, 2016 2016 June 30, 2016 2016 Y-o-Y Y growt

• wth

Cash & bank balan ance ces 364.21 21 650.36 36 452.48 48 24.2% Invest stments 2,635. 5.99 99 2,860. 0.44 44 3,030. 0.08 08 15.0% Advance ces 4,523. 3.14 14 4,937. 7.29 29 5,060. 0.78 78 11.9% Fixed ed & other er asse sets ts 717.17 17 739.47 47 852.75 75 18.9% Total assets 8,240.51 9,187.56 9,396.09 14.0% Net worth 878.04 04 941.11 11 967.14 14 10.1% Minori

• rity

y intere erest st 25.44 33.55 36.07 41.8% Depos posits 3,937. 7.07 07 4,510. 0.77 77 4,530. 0.81 81 15.1% Borrowi

• wings

ngs 2,020. 0.88 88 2,203. 3.78 78 2,213. 3.00 00 9.5% Liabil bilities es on policie cies s in force ce 925.53 53 970.53 53 1,023. 3.58 58 10.6% Other her liab abilities 453.55 55 527.82 82 625.49 49 37.9% Total liabilities 8,240.51 9,187.56 9,396.09 14.0%

Key r ratios

• s (cons

nsoli

• lidate

dated): d): slide 46 46

61

Capital pital adequac equacy y (1/2 /2)

Standal alone ne Base sel III March ch 31, 2016 2016 June 30, 20161 ₹ billion

• n

% ₹ billion

• n

% Total l Capit ital al 1,009.95 9.95 16.64% 4% 1,008.21 8.21 16.22% 2%

• Tier

er I 794.82 82 13.09% 9% 794.67 67 12.78% 8%

• Tier

er II 215.13 13 3.55% 213.54 54 3.44% Risk sk weighted asset ets 6,071. 1.13 13 6,216. 6.26 26

• On balanc

nce e shee eet 5,021. 21.17 7 5,178. 8.70 70

• Off balanc

nce e sheet et 1,049. 49.95 1,037. 7.56 56

1. 1.

In line with h the appli licab able le guideli line nes, the Basel l III capita tal l ratios reporte ted by the Bank nk for the interim im periods do not includ ude profit its for the period  Includ

uding ng the profi fits s for Q1 Q1-2017, 017, the standalo alone ne capital al adequac uacy y ratio for the Bank as per Basel el III norms ms would have been en 16.45% 5% and the Tier er I ratio

• would

d have e been en 13.02% 2% at June 30, 2016

62

Capital pital adequac equacy y (2/2 /2)

Consoli

• lidat

dated ed Base sel III March ch 31, 2016 2016 June 30, 20161 % % Total Capital al 16.60% 0% 16.21% 1%

• Tier

er I 13.13% 3% 12.83% 3%

• Tier

er II 3.47% 3.38%

Capital tal adequacy uacy: : slide 48 48

1. 1.

In line with h the appli licab able le guideli line nes, the Basel l III capita tal l ratios reporte ted by the Bank nk for the interim im periods do not includ ude profit its for the period  Includ

uding ng the profi fits s for Q1 Q1-2017, 017, the consolidat ate capital al adequacy uacy rati tio for r the Bank as per Basel el III norms ms would ld have ve been en 16.44% 4% and the Tier er I ratio

• would

d have e been en 13.06% 6% at June 30, 2016