& St & Strategy rategy Novemb ember er 201 014 Cer - - PowerPoint PPT Presentation

ICI CICI CI Gr Group:

• up: Pe

Performan formance ce & St & Strategy rategy

Novemb ember er 201 014

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 differ ffer material ally from

• m those

se includ uded ed in these se stateme ments nts due to a va vari riety ty of factors tors. . More re inform

• rmat

ation ion about these se factors tors 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

n for specifi cific c subsi sidiari aries es wher ere e specifi cifical cally 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 regul egulat ation

• ns

s that has, , along ng with these se slides, des, been en filed ed with the e stock k exchanges in India where ICICI Bank’s equity shares are listed and with the New York k Stock k Excha hange nge and the e US Securi urities s and Exchange ange Commi mmiss ssion, n, and is availabl able on our website site www.i .icici cicibank. ank.co com

3

Ag Agen enda da

Performance formance highlights ghlights Str trateg tegy y & outl tlook

4

Health thy loan mix & gr growth Robust t fundin ing g profile ile Building ding gr granul ular r & stable e income e streams ms Efficien iciency cy of

• perat

ations ions

Sustaina tainable ble & profitab itable le growth th

Our

• bject

ctiv ive Profit fitabili bility ty improve

• vemen

ent Balance sheet t strengt ngth Levera eragi ging ng strong g divers rsified ified financia cial l servic ices es franchi hise

Health lthy y mi mix and calib ibrated rated growth th 13.8 .8% % y-o-y y credit it growth th at t Sep 201 014 4 driven ven by stro trong ng reta tail il loan growth th; ; dome mestic tic loan growth th at t 15.1% 5.1%

5

Lendi nding ng

` 2,164 bn bn ` 2,537 bn bn ` 2,902 bn bn ` 3,387 bn bn ` 3,618 bn bn

Along with th healthy thy growth th in rura ral l loans Secure ured lending ing driving ving 20%+ %+ portf tfolio

• lio growth

th

6

Retail ail lend nding ing

Sep 2013 Sep 2014

Home me loan ans Auto to loans ns

Sep 2013 Sep 2014

Business iness banking nking

Sep 2013 Sep 2014

Build ldin ing g a lo low cost t and granular nular base

Fund nding ing

Increas reasing ing proportio tion n of CASA A and reta tail l deposits ts

7

CAS ASA A deposits its Retail il deposits its

1

1. 1.

Includ ludes FCNR(B) R(B) deposit its

44% 44%

8

Growth th driven ven by reta tail il deposit t franchise anchise

Fund nding ing

Sep 2013 Sep 2014

CASA SA deposits eposits Retail ail dep eposit sits

Sep 2013 Sep 2014

Driven iven by contin tinued ued invest vestments ments in physical sical and te technolo logical ical infrastru frastructure cture

Bond/loa loan repaymen yments ts co cove vered ed by asset maturitie ities; s; no refin inanc ncin ing g risk

FY201 2011 FY201 2012 FY201 2013 FY201 2014 H1-2015

0.88% 1.23% 3% 1.34% 4% 1.71% 1% 1.61% 1%

Improve

• vemen

ent in fundin ing g base

FY201 2011 FY201 2012 FY201 2013 FY201 2014 H1- 1-20 2015 15

2.98% 8% 3.04% 4% 3.51% 1% 3.68% 8% 3.82% 2%

9

Sustained tained impr provement

• vement across
• ss bu

business inesses

Granul anular ar income come

Dome mest stic c NIM Inter ernat nation

• nal

al NIM

Driven en by p profit fit and margin in focus across domestic tic and intern ernat ation ional l busines esses es

FY201 2011 FY201 2012 FY201 2013 FY201 2014 H1- 1-20 2015 15

2.64% 4% 2.73% 3% 3.11% 1% 3.33% 3% 3.41% 1%

10

Substa tant ntial ial increa rease se in NIMs

Granul anular ar income come

~77 77 bps imp mproveme vement nt in overall all NIM sinc nce e FY2011 011

Overal erall NIM

11

Granul anular ar income come

Ste teady y fee str treams ams

Granul anular ar income come

Overall rall fee growth th at t 7% y-o-y y for H1-20 2015; 15; reta tail il fees s grow

• wth

th of

• f ov
• ver 20%

Focus on buildin ding g gr granul ular r and stable e revenu nues es

Retail ail assets ets and nd liabil abiliti ities continu tinue e to driv rive fee income

• me growth
• wth

~60% 0% ~40% 0%

Ret Retail ail Non-retail n-retail

Diversi rsified fied financia cial l servic ices es franchi hise e yielding ding high gh return rns

12

Str tron

• ng

g di dividend idend income

• me

Granul anular ar income come

FY2010 FY2014 FY2013

Contrib tributing uting to to in increase crease in non-in interest terest income me

• Best in class cost-in

income come ratios

• s
• Despite

ite sign gnifican ificant t scale up in infra rastru tructur ture

13

Drivin iving efficiency ficiency on larger ger netw twork rk and business ness

Operatin perating g effici ficienc ncy

Foc

• cus

s on

• n cos
• st

t efficie iciency ncy to to con

• ntin

tinue ue

Cost-in incom

• me

e %

14

Asset et quality lity imp mpacted cted by operatin ting g enviro vironment nment

Asset et quality uality

Net NPA ratio io

• Net restru

truct ctur ured ed loans at ` ` 110.20 .20 billion lion at Septemb mber er 30, 2014

• Provis

isions ions to average ge loans at 91 bps in H1 H1- 2015 2015 As Asset qualit ity refle flectin cting g impact of slowdown n in economy on SME & & corpora rate te loans Health thy gr growth h in operatin ting g profits its gi giving ng the abilit lity to absorb b impact of high gher er credit it costs

Ab About 80 bps improvemen ement t

• ver FY2009

09

15

Consiste istent nt delivery very agains inst t sta tate ted objectives tives

Retur urn n pro rofile file

Standalone

• ne RoA

1.66% FY2013 13 1.76% FY2014 14

1. 1. annuali ualised

1.82% H1 H1-201 0151 <1.0% 0% FY2009 09

16

Health lthy y profitab itability ility of domestic tic subsidiaries sidiaries

Retur urn n pro rofile file

15.67 ICICI Life fe H1 H1-201 014 7.51 H1 H1-201 015 7.81 FY2014 14 Profit fit after tax (` billion

• n)

5.11 ICICI General neral 3.59 2.30 1.83 ICICI AMC 0.81 1.23 1.32 ICICI Securi urities es Prima mary Deal alershi ship 0.44 0.95 0.91 ICICI Securi urities es 0.31 1.29

Strong RoEs acr cross key do y domestic tic subsidia diaries; ries; equity ty inve vestm tmen ent t in oversea eas banking ng subsidiari iaries es reduc uced ed from ~11% of net worth at Mar 2010 to ~7 ~7% at Sep 2014 2014

Near doublin ling g of consolid lidated ted RoE since FY2009 09

17

Sustaine tained consolid solidated ated retu turns rns

Retur urn n pro rofile file

Consolid lidated ted RoE

<8.0% 0% FY2009 09 14.7% FY2013 13 14.9% FY FY2014 14

1. 1. annuali ualised

14.9% H1 H1-201 0151

18

Ag Agen enda da

Performance formance highlights ghlights Str trateg tegy y & outl tlook

19

Investm tmen ents s in distribut ribution ion network rk

• Large

gest t bran ranch h networ twork among

• ng private

rivate secto tor bank anks s supple pplemen mented ted with h lar arge ge ATM networ twork

• Lead

ader ership ship in leveragi veraging ng techno hnology logy

Strong g capital l positio tion

Stron rong g capital pital base ase with h CAR R of 17.41%1 with h Tier er 1 ratio tio of 12.75%1

1 at Septemb

eptember er 30, 2014

Diversi rsified fied business ess lines es

Continued ntinued focus us on sustai taini ning ng and nd enha hancing ncing franchise nchise across ross financial ncial serv rvice ice busin siness esses es

Well po positi tioned

• ned for
• r recov
• very

ery in economic mic activ tivity ity

Key y stren engths gths

1. 1. Includ luding ing profit its for H1-201 015

20

Str trong ng franchise nchise across ss segmen ments ts (1/2) 2)

Diversif versified ied busine siness s lines nes

• Lead

adership rship among mong priv rivate te sector tor pla laye yers rs

• Focus

cus on strengthening rengthening franc anchi hise se and d pro rofita fitability ility

• Renewed

ewed growth

• wth momen

mentum tum

• Lead

adership rship among mong priv rivate te sector tor pla laye yers rs

• Heal

althy thy pro rofi fitabil tability ity

• Large

gest st private ivate secto tor bank nk in Indi dia

• Conti
• ntinued

nued focus us on enhancing hancing reta tail il fran anchise hise; ; investing vesting in semi-ur urban an & rural ural marke kets

• Well

ll establi ablishe hed corpo rporate ate franchise anchise alon

• ng

g with h

• ver

versea seas presenc resence

21

• Incre

rease ase in market rket shar are e in bro rokin king

• Impro

proveme vement nt in market rket cond nditio itions ns favour vourabl able for

• r

busine siness s outloo tlook

• Impro

proved ved marke ket posi

• sition

tion to second cond large rgest t mutua ual l fund nd in India dia in terms ms of overall verall AUM

• Stron

rong g fund nd perfo rformance mance

Str trong ng franchise nchise across ss segmen ments ts (2/2) 2)

Diversif versified ied busine siness s lines nes

22

Signific nificant ant scale le up p in br branch nch & ATM netw twork

• rk
• Network

rk of 3,815 15 at at Sep 2014; 4; larges est in private te sector r banks

• Sup

uppleme plemented nted by ~11,700 ATMs

• Largest

gest rura ral l branch ch network rk among g private te sector r banks

• ~75% of bra

ranc nch h add dditio itions ns since ce March rch 2012 in rural ral and d semi-ur urban an area reas

Branch netw twork rk

Investments vestments in distrib stribution ution

• 500

500 1,0 1,000 00 1,5 1,500 00 2,0 2,000 00 2,5 2,500 00 3,0 3,000 00 3,5 3,500 00 4,0 4,000 00 Mar- ar-10 10 Mar- ar-11 11 Mar- ar-12 12 Mar- ar-13 13 Mar- ar-14 14 Sep- p-14 14

Metro tro Urb Urban an Semi i Urb Urban Rural ural

1,707 07 2,529 29 2,752 52 3,100 00 3,753 53 3,815

Supported rted by continu nued ed leaders ershi hip p in technolo

• logy

gy platform

• rms

Key initiativ tiatives s du during ing recent nt years ars

23

Techno hnology logy

Tab banking ng Mobile banki king: g: next generat neration apps acro ross ss domai ains 24x7 touch banking: ng: facilitat ating ng day-to to-day day tran ansa sacti tions

• ns

Compre prehensi hensive ve solutions: ns: online ne tender dering, electro ectronic nic toll collecti ction

• n

Levera veraging ng social al networ

• rki

king ng platfo forms Redesi designed ned & custo tomi mise sed websit bsite

Supportin rting g customer er servic ice e & cost efficien ciency cy

Lever eragi aging ng mob

• bil

ility ity, , digi gitisati tisation n and d inno nova vati tions ns in pay aymen ments ts techno hnology logy

Imp mproving

• ving th

throu

• ughput

ghput & pr prod

• duct

ctivity ivity

24

Techno hnology logy

• Netwo

work rk of 101 touch uch banking anking bra ranch nches; es; facili ilita tating ting banking anking transacti ansactions ns 24x7

• Self

lf servic rvice e kios

• sks

ks insta talle lled in sever veral al other her branc ranche hes; s; basi sic transacti ansactions ns facilitate ilitated thro rough ugh such pla latfo tforms rms

• 6x incre

rease ase in number mber of transacti ansactions ns since ce March rch 2012

• ~25% market

rket shar are e based ased on value lue of transacti ansactions ns Mob

• bile

ile banking anking Touc uch h banking anking & kiosk

• sks
• Signifi

gnificantly cantly reduced duced pro rocessing cessing time e for r ope pening ning accounts counts

• Abo

bout ut 35 35-40% 40% of the savi vings ngs accounts counts opene pened every ery month nth are e sourced urced using ng tab ab bankin nking Tab banking nking Scal ale e benef enefits s of these ese initi itiati atives es are e yet t to be realised ealised

Consolid lidated ted Basel III I total capital l adequacy ratio

• at 18.00%

0%1, , tier r 1 ratio io at 13.05% 05%1 at September ber 30, 2014

25

Health lthy y capital tal rati tios

Cap apital ital posi

• sition

tion

Amo mong ng th the best t capitalise talised large ge Indian an banks ks

Septem embe ber 30, 2014 Ti Tier er I CAR 17.41% 1%1 12.75% 5%1

Stand andalon lone e capital pital

1. 1. Includ luding ing profit its for H1-201 015

26

Key priorities ities going ng forward ard

27

Key priorities ities

Our ur app pproach ach

We are ta targetin eting credit t growth th with th focus us on selected cted areas; s; reta tail il lending ing to to be be a ke key driver er We will contin tinue ue to to su support rt th this s growth th with th a robust st fund ndin ing g profile ile We will contin tinue ue to to f focus us on productivity ctivity & operatin ting g efficie ficiency ncy as a profitab itability ility driver ver

28

Target geting ing healthy lthy growth th and mix

Lending nding

Reta tail il po portf tfolio

• lio to

to co contin tinue to to be be th the ke key dr driver ver for

• r

growth th Growth th in corporate rate (includ cludin ing g oversea seas s branches) ches) & SME portf tfolio lios s to to be be calib ibrated rated to to th the enviro vironment nment Target geting ing 2-4% 4% high gher r th than n system tem dome mestic tic loan grow

• wth

th

29

• Susta

taini ining ng momen mentum tum in disb sburseme ursements nts

Home e loans

• Signifi

gnificant cant geograp

• graphi

hic expan xpansion sion achie ieved; ved; focus cus on n impr proving ing prof rofitab itability ility

Auto loans

• Mod
• der

erate ate growth

• wth given

ven econom

• nomic

ic scenar nario io

CV CV

• Gro

rowth th off f low

• w base

ase with h close

• se moni

nito toring ing of asset et quality uality trend ends; s; Signi gnific ficant ant propo roportion tion of incrementa cremental l lend nding ing to existi isting ng custo tomer mers

Unsecu ecured red loans

Focus s on tr traditio itional nal segme ment nts s to to co contin tinue

Retail ail assets ets

30

New growth th areas as

Retail ail assets ets

• Smal

all value lue and d well ll collatera llateralise lised lend nding ing to smal all l busine sinesses ses

• Clo

losely sely linked nked to current rrent account count deposits eposits

• Buildi

lding ng granul anular ar and d div iversifie rsified por

• rtfo

tfolio io while le maintai intaining ing focus cus on por

• rtfo

tfolio io asset et quality uality

• Lever

eragin aging g increase crease in geog

• grap

raphical hical presence resence and nd lar arger ger distri stributio ution n to increa crease se vol

• lum

umes es

Small business ess loans Rural l markets ts

31

Domestic tic corpora

• rate

e & SME ME loans

Calibrate brated d approach ch to to contin tinue ue

Dome mestic stic corpo rporate ate & SME Key y areas eas to be e monitore nitored

• As

Asset qualit ity trends nds gi given

• Slo

low w recov covery ery in econo

• nomi

mic activi tivity ty

• Recent

ent devel evelopme ments nts such h as coal al blo lock ck de- allocation location & re-auc aucti tion Gro rowth th continue ntinues to be mod

• der

erate ate

• Focus on high

gher er rated credit dit;

; workin

ing g capital l & short term loans

• Continu

nued ed focus on commercia cial l banking ng

32

• Grow

rowth th calibra librated ted to glo lobal al funding nding markets rkets & Indi dian n corpo rporate ate credi edit t demand emand

• Focus

cus on comme mercial rcial banking anking, , includi luding ng working rking capital pital facilities ilities for r Indi dian n compa mpanie nies abroad broad and nd MNCs s engage gaged in trade ade with h Indi ndia Branc anche hes Lendi nding ng prima rimarily rily to Indian dian corp rporates ates

• Conti
• ntinued

nued focus us on opt ptimi imising sing capi pita tal

• Focu

cus s on short

• rt term

rm loa

• ans,

ns, working rking capi pita tal l lines, nes, trade ade & transac ansacti tion n bankin nking g prod roduc ucts ts to MNCs Cs, , select ect local cal market rket corpo rporates ates & Indi ndian an compa mpanies nies abr broad Subsi ubsidiarie iaries

• Regula

ulatory tory expectatio xpectations ns impac pactin ting g busine siness s mod

• del

el

• High

gh capi pita tal l levels vels

Focus s on profitab itability ility and retu turns rns

Interna ternational tional busine siness

33

Target geting ing healthy lthy growth th in CASA A deposits ts

Fund nding ing prof rofile ile

Focus on levera ragin ging g investm tmen ents s made so far Expande nded d branch network

• rk

Sign gnifica ificant nt inve vestm tments ents made in tech chnolo

• logy

Average erage CASA A ratio tio ma mainta ntain ined in 38-40% 40% range ge since ce FY2 Y2011 011

34

Sustaine tained focus us on str treng engthe thening ning franchise nchise

In summar mary

2009 onwar ards

Driv iving ng structu uctural ral impro prove vemen ments ts

Outlook

• ok going

ng forwar ard

Achie ieved ved signi nific ficant ant impro prove vemen ment t in bal alance ance sheet eet &

• perati

perating ng par arame ameters ters Well ll-positi positioned ned for

• r econo
• nomic

mic recover covery Focus cus on pro rofitab fitable e credi edit t gro rowth; th; enhancing hancing franchise anchise

2011 onwar ards

Scal aled ed up p retai tail busine siness; s; contin tinued ued investments vestments in distrib stribution ution & techno hnology logy Focus cus on sustai taini ning ng pro rofitab fitability lity metri rics s & & leve veraging raging gro rowth th

• ppo

pportunities tunities

35

Thank k you

Q2 Q2-2015 015: : Per erformance formance high ghlight lights

36

 15.2

.2% % increase crease in sta tandalon alone e profit it afte ter r ta tax from m ` 23.52 .52 bn bn in Q2 Q2-201 2014 4 (July uly-Sept Septem ember r 201 013) 3) to to ` 27.0 .09 9 bn bn in Q2 Q2-2015 2015 (July uly-Se Sept ptem embe ber r 2014) 014)

 Net intere

erest t income e increa eased ed by 15.2% % year-on

• n-

year; ; net intere erest t margi gin n improve

• ved from 3.31%

1% in Q2 Q2-2014 2014 to 3.42% 2% in Q2 Q2-2015 2015

 13.6

.6% % increase crease in consolid lidated ated profit it after ter ta tax from m ` 26.9 .98 8 bn bn in Q2-20 2014 14 to to ` 30.65 .65 bn bn in Q2 Q2- 201 015; ; consolid solidated ated retu turn rn on average rage netw tworth rth (annu nualise alised) at t 15.1% .1% Profitability fitability

37

 Advances

ances incre rease ased by 13.8 .8% % year-on

• n-yea

year r to to ` 3,6 ,617.5 17.57 7 billio ion n at t Septe tembe mber r 30, , 201 014

 Retail

il advances gr growth h at 25.2% 2% year-on

• n-year

ear at Septemb mber er 30, 2014 2014

 Perio

iod end CASA A rati tio at t 43.7% .7% at t Septe tembe mber r 30, , 201 014 4 comp mpare red to to 43.3% .3% at t Septe temb mber er 30, , 2013 013 and d 43.0 .0% % at t June ne 30, , 2014 014

 Average

ge CAS ASA A ratio stable e at 39.5% 5% for Q2 Q2-2015 2015

 Net

t NPA rati tio at t 0.9 .96% 6% at t Septe temb mber er 30, 0, 201 014 4 (June une 30, , 2014 014: : 0.8 .87%; %; Sept ptemb mber er 30, 0, 2013: 013: 0.7 .73%) 3%) Balance ance sheet

Q2 Q2-2015: 015: Per erfo formance rmance highli ghlights ghts

38

Sta tandalo alone ne results ults

39

Profit fit & loss ss statemen atement

1. 1.

Includ ludes ` 2.22 22 billi lion, n, ` 1.03 03 billi lion n and ` 1.65 65 billi lion n of exchange ange rate gains ns on repatria iatio tion n of retained ned earning ings from overseas branche nches in FY201 014, 4, Q1-20 2015 15 and Q2- 2015 15 respectiv ively ly

NII Non-in intere rest t incom

• me
• Fee i

income

• me
• Other incom
• me
• Treasu

sury ry incom

• me

Total income Operat atin ing g expenses Operating profit ` billion

• n

164.7 .75 40.44 44 78.64 64 44.92 92 46.57 57 91.49 49 15.2% 2% 104.2 .28 21.66 46.51 28.50 27.38 55.88 26.4% 77.58 19.94 37.87 19.36 21.03 40.39 5.5% 16.531 2.51 5.40 5.261 4.981 10.24 98.4% 10.17 (0.79) 3.24 3.88 1.37 5.25

• 269.03

62.10 125.15 73.42 73.95 147.37 19.1% 103.0 .09 23.22 48.13 28.25 26.97 55.22 16.1% 165.94 38.88 77.02 45.17 46.98 92.15 20.8% FY 2014 Q2- 2014 H1- 2014 Q1- 2015 Q2- 2015 H1- 2015 Q2-o-Q2 growth

40

Profit fit & loss ss statemen atement

1. 1.

The Reserve Bank of India ia (RBI) I), throug ugh h its circula ular dated Decembe mber 20, 201 013, 3, had advis ised bank nks to create deferred tax liabil ility ty (DTL) ) on the amoun unt t outsta tandi nding in Specia ial l Reserve, as a matter of prudenc

• nce. In accordance

ance with h RBI guidelin ines, during ing the year ended March 31, 2014 14 the Bank nk created DTL L of ₹ 14.19 19 billio ion on Special al Reserve

• utstand

anding ing at March 31, 2013 13, by reducing ing the reserves. Furthe her, tax expense nse for FY201 014, 4, Q1-20 2015 15 and Q2-20 2015 15 includ ludes impact t of DTL on Specia ial l Reserve of ₹ 3.04 04 billi lion, n, ₹ 0.95 95 billi lion n and ` 0.88 88 billio ion respectiv ively

• ly. No provisio

ion n for DTL on Specia ial Reserve was made in Q1 Q1-201 014 and Q2-201 014. 4.

Operating profit Provis ision ions Profit before tax Tax Profit after tax ` billion

• n

165.94 38.88 77.02 45.17 46.98 92.15 20.8% 26.26 6.25 12.18 7.26 8.50 15.76 36.0% 139.68 32.63 64.84 37.91 38.48 76.39 17.9% 41.581 9.11 18.58 11.361 11.391 22.75 25.0% 98.10 23.52 46.26 26.55 27.09 53.64 15.2% FY 2014 Q2- 2014 H1- 2014 Q1- 2015 Q2- 2015 H1- 2015 Q2-o-Q2 growth

41

Key ey ratios tios

Yield on total interest st earni ning ng assets1 Cost of funds1 Net interest t margin in1 Movement in yield, costs & margins ns (Perce rcent nt) Return n on averag age networt rth1 Return n on average age assets1 Weight hted d averag age EPS1 Book value (`) Fee t to incom

• me

Cost to incom

• me

Average age CASA A ratio Percent nt 8.92 8.86 8.89 8.90 8.93 8.92 6.21 6.13 6.22 6.19 6.16 6.18 3.33 3.31 3.29 3.40 3.42 3.41 FY 2014 Q2- 2014 H1- 2014 Q1- 2015 Q2- 2015 H1- 2015 13.7 13.0 13.2 14.3 13.9 14.1 1.76 1.70 1.72 1.82 1.82 1.82 85.0 80.8 80.0 92.2 92.9 92.6 634 634 633 633 633 633 657 657 682 682 682 682 28.9 32.1 30.3 26.4 28.4 27.4 38.2 37.3 38.4 38.4 36.5 37.5 39.4 40.3 39.6 39.5 39.5 39.5 FY 2014 Q2- 2014 H1- 2014 Q1- 2015 Q2- 2015 H1- 2015

1. 1. Annuali ualised for all interim im periods

42

Ba Balance lance sheet eet: : As Assets ets

Cash & bank balanc ances Investments ts

• SLR investments

ts

• Equity

ty investment nt in subsidiari diaries

• RIDF and relate

ted Advance nces Fixed d & o

• ther assets

Total assets ` billion

• n

335.8 .81 422.0 .01 473.7 .78 41.1% 1% 1,688.29 1,701.53 1,735.91 2.8% 986.2 .20 967.4 .40 997.2 .25 1.1% 120.2 .23 120.2 .23 120.2 .23

• 229.4

.40 241.2 .20 240.8 .89 5.0% 3,177.86 3,470.67 3,617.57 13.8% 433.1 .12 289.3 .34 284.1 .17 (34.4 .4)% )% 5,635.08 5,883.55 6,111.43 8.5% September 30, 2013 June 30, 2014 September 30, 2014 Y-o-Y growth

 Net inves

estment in secur urity y receip eceipts s of asset et recons constructi ction n compani anies s was ` 7.77 bn bn at Septem ember ber 30, 2014 (June ne 30, 2014: 4: ` 9.25 5 bn bn)

1.

• 1. Rural

l Infrastr truct cture Develop

• pment

t Fund

2.

• 2. Including

ding impact ct of e exchange rate moveme ment

Retail business ness 36.2% Domesti stic corpo pora rate te 32.6% Overseas seas branc nche hes 26.6% SME 4.6%

43

Composit mposition ion of f loan an book

• k (y-o-y)

y)

September 30, 2014 Total loan book: ` 3,618 bn Total loan book: ` 3,178 bn September 30, 2013

1. 1. Includ luding ing impact of exchange hange rate movement ment 2. 2. Dome mestic ic corporat ate loans ns includ lude buil ilder financ ance 3. 3. Includ luding ing buyouts uts & inter-bank ank partic icip ipat atio ion certific icates tes

1 2 3 1 2 3

44

Composit mposition ion of f ret etail ail loan

• an book
• ok (y-o-y)

y)

September 30, 2014 Total retail loan book: ` 1,441 bn Total retail loan book: ` 1,151 bn September 30, 2013

• Total

tal retail tail adva vanc nces es growth

• wth of 25.2%

1. 1. Septembe mber 30, 2013 13 :Vehic hicle le loans ns includ ludes auto loans ns 10.5% 5%, comm mmercial al busine iness 11.7% 7% 2. 2. Septembe mber 30, 2014 14: Vehic icle le loans ns includ ludes auto loans ns 11.6% 6%, commerci mmercial al business iness 7.7% 7%

1 2

45

Composit mposition ion of f loan an book

• k (q-o-q)

q)

Total loan book: ` 3,471 bn June 30, 2014

1. 1. Includ luding ing impact of exchange hange rate movement ment 2. 2. Dome mestic ic corporat ate loans ns includ lude buil ilder financ ance 3. 3. Includ luding ing buyouts uts & inter-bank ank partic icip ipat atio ion certific icates tes

1 2 3

September 30, 2014 Total loan book: ` 3,618 bn

1 2 3

46

Composit mposition ion of f ret etail ail loan

• an book
• ok (q-o-q)

q)

Total retail loan book: ` 1,372 bn June 30, 2014

1. 1. June ne 30, , 201 014 4 :Vehic icle loans ns includ udes auto loans 11.8%, 8%, comm mmercia ial busine iness 8.5% 5% 2. 2. Septembe mber 30, 2014 14: Vehic icle le loans ns includ ludes auto loans ns 11.6% 6%, commerci mmercial al business iness 7.7% 7%

1

September 30, 2014 Total retail loan book: ` 1,441 bn

2

47

Eq Equity ity invest estment ment in subsidiaries sidiaries

ICICI Prude dent ntial ial Life Insurance rance ICICI Bank Canada da ICICI Bank UK ICICI Lombard ard General al Insurance rance ICICI Home Financ ance ICICI Bank Euras asia ia LLC ICICI Securi ritie ies Limited ICICI Securi ritie ies Primary mary Dealersh ship ICICI AMC ICICI Venture re Funds ds Mgmt Others Total ` billion

• n

35.93 35.93 35.93 30.51 30.51 30.51 21.20 21.20 21.20 14.22 14.22 14.22 11.12 12 11.12 12 11.12 12 3.00 3.00 3.00 1.87 1.87 1.87 1.58 1.58 1.58 0.61 0.61 0.61 0.05 0.05 0.05 0.14 0.14 0.14 120.23 120.23 120.23 September 30, 2013 June 30, 2014 September 30, 2014

48

Ba Balance lance sheet eet: : Liabilit abilitie ies

Net worth

• Equity

ty capit ital al

• Reserves1

Deposits

• Saving

ngs

• Curre

rent nt Borrowin

• wings

gs2,3

2,3

Other liabil ilit itie ies Total liabilities ` billion

• n

731.0 .03 758.9 .99 788.7 .77 7.9% 11.54 11.56 11.57 0.3% 719.4 .49 747.4 .43 777.2 .20 8.0% 3,090.46 3,357.67 3,520.55 13.9% 935.3 .35 1,027.36 1,056.07 12.9% 403.7 .73 416.7 .78 481.1 .18 19.2% 1,453.56 1,459.46 1,503.49 3.4% 360.0 .03 307.4 .42 298.6 .62 (17.1 .1)% )% 5,635.08 5,883.55 6,111.43 8.5% September 30, 2013 June 30, 2014 September 30, 2014 Y-o-Y growth

 Cred

edit/dep /deposi

• sit ratio of 79.5%

5% on the domes estic c balanc nce e shee eet at Septem ember ber 30, 2014 2014

1.

• 1. During

g the three months s ended December 31, 2013, the Bank has created a DTL of ` 14.19 billion llion

• n Special

l Reserv rve outstandin ing g at March 31, 2013, by r reducin ing g the reserves

2.

• 2. Borrowings

s include de preference ce shares s amounting ting to ` 3.50 bn bn

3.

• 3. Includin

ding g impact ct of e exchange rate movement

49

Composit mposition ion of f borrowings rrowings

Domestic

• Capital

tal instrume ument nts1

• Other borro

rowing wings Overseas as2

• Capital

tal instrum ument nts

• Other borro

rowing wings Total borrowings2 ` billion

• n

697.1 .12 621.6 .65 632.2 .28 387.7 .71 385.4 .45 386.7 .72 309.4 .42 236.2 .21 245.5 .56 756.4 .44 837.8 .81 871.2 .21 21.24 24 20.43 43 20.97 735.2 .20 817.3 .38 850.2 .25 1,453.56 1,459.46 1,503.49 September 30, 2013 June 30, 2014 September 30, 2014

1. 1.

Includ ludes preferenc nce share capita tal l ` 3.50 50 bn bn

2. 2.

Includ luding ing impact of exchange hange rate movement ment  Capit

ital al inst strume ruments nts consti titut tute 61.2% % of domes esti tic borr rrowin wings gs

50

Capital pital adequac equacy

Total l Capital tal

• Tier I
• Tier II

Risk weight hted d assets

• On balance

nce sheet

• Off balanc

ance sheet Standal dalone

• ne Basel III

881.2 .29 17.00% 885.5 .55 16.64% 634.1 .18 12.23% 637.5 .59 11.98% 247.1 .11 4.77% 247.9 .96 4.66% 5,184.02 5,321.74 4,055.52 4,200.23 1,128.50 1,121.51 June 30, 2014 September 30, 2014

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

2. 2.

Capita tal l ratios at June ne 30, 2014 14 and Septemb mber 30, 2014 14 includ lude the impact act of credit t value ue adjustme ustment nt on derivative tive exposur ures and capita tal l charge requir ired for borrowers with unhe hedged foreign currency ncy exposure ures, in accordance ance with h the Reserve Bank nk of India ia guid ideli line nes  Includ

uding ng the profi fits s for H1 H1-2015 15, , the e capital al adequ quacy acy ratio for the Bank as per Basel el III norms ms would have been n 17.41 41% % and the Tier er I r ratio would have e been n 12.75% 5%

` bn % ` bn %

51

As Asset et quality ality and provisioning rovisioning

 Gross

• ss ret

etai ail NPLs at ` 35.91 1 bn bn and net retai ail NPLs at ` 8.90 bn bn at Septem embe ber 30, 2014 compar ared d to ` 49.08 8 bn bn and ` 7.62 bn bn res especti pective vely y at Septem ember ber 30, 2013

 Provisio

sioning ning cover erage age ratio of 65.9% 9% at Septem ember ber 30, 2014 2014 compute uted d in accorda

• rdanc

nce e with RBI guidel delines nes

 Net loans

s to compani anies s whose se facilities s have e been en rest struc uctured ured at ` 110.20 20 bn bn at Septem ember ber 30, 2014 compar ared to ` 112.65 65 bn bn at June 30, 2014 and ` 68.26 6 bn bn at Septem ember ber 30, 2013

 Outst

stan anding ding gene eneral al provisi vision

• n on standar

dard d assets: ets: ` 21.30 0 bn bn at Septem embe ber 30, 2014 2014

Gross s NPAs Less: Cumulat ative ive provisio ions ns Net NPAs Net NPA ratio ` billion

• n

100.7 .78 110.0 .01 116.9 .95 73.71 75.27 76.99 27.07 34.74 39.97 0.73% 0.87% 0.96% September 30, 2013 June 30, 2014 September 30, 2014

52

Moveme vement nt of f NPA

Opening ng gross ss NPA Add: : Gross addit itio ions Less: Gross deletions ns Net additi tions

• ns

Less: Write-of

• ffs

s & s sale Closing ng balanc ance of g gross s NPAs Gross s NPA ratio io1 ` billion

• n

100.5 .57 105.5 .54 110.0 .01 11.45 11.95 16.73 3.68 3.56 4.40 7.77 8.39 12.33 7.56 3.92 5.39 100.7 .78 110.0 .01 116.9 .95 2.67% 2.69% 2.74% Q2-2014 Q1-2015 Q2-2015

1. 1. Based on customer assets

53

Distributi stribution

• n net

etwork work

Metro Urban an Semi urban an Rural al Total branches Branche nches 816 816 865 865 935 935 948 948 24.8% 720 720 782 782 865 865 887 887 23.3% 904 904 989 989 1,114 1,127 29.5% 312 312 464 464 839 839 853 853 22.4% 2,752 3,100 3,753 3,815 100.0% 9,006 10,481 11,315 11,739

• At

March 31, 2012 At March 31, 2013 At Sep 30, 2014 ATMs Total ATMs At March 31, 2014 % of mix at Sep 30, 2014

54

Consolidate lidated d results ults

55

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

NII Non-in intere rest t incom

• me
• Fee i

income

• me
• Premium

um incom

• me
• Other incom
• me

Total income Operat atin ing g expenses Operating profit ` billion

• n

197.6 .69 48.62 2 94.37 37 53.51 51 55.52 2 109.0 .03 3 14.2% % 300.8 .85 68.93 135.74 69.20 85.51 154.7 .71 24.1% % 87.75 22.37 42.69 22.77 24.32 47.09 8.7% 193.3 .32 48.26 85.87 39.41 55.38 8 94.79 9 14.8% % 19.78 (1.70) 7.18 7.02 5.81 12.83

• 498.54 117.55 230.11 122.71 141.03

263.74 20.0% 306.6 .67 72.47 138.23 71.53 86.14 157.6 .67 18.9% % 191.87 45.08 91.88 51.18 54.89 106.07 21.8% FY 2014 Q2- 2014 H1- 2014 Q1- 2015 Q2- 2015 H1- 2015 Q2-o-Q2 growth

56

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

Operating profit Provis ision ions Profit before tax Tax Minori

• rity

ty interest Profit after tax ` billion

• n

191.87 45.08 91.88 51.18 54.89 106.07 21.8% 29.00 6.73 13.30 8.14 9.16 17.30 36.1% % 162.87 38.35 78.58 43.04 45.73 88.77 19.2% 46.10 10 9.73 20.81 81 13.22 22 13.32 2 26.54 4 36.9% % 6.36 1.64 3.32 1.50 1.76 3.26 7.3% 110.41 26.98 54.45 28.32 30.65 58.97 13.6% FY 2014 Q2- 2014 H1- 2014 Q1- 2015 Q2- 2015 H1- 2015 Q2-o-Q2 growth

57

Conso solidat lidated ed balance alance sheet eet

Cash & bank balanc ances Investments ts Advance nces Fixed d & o

• ther assets

Total assets ` billion 430.3 .38 506.4 .43 542.0 .00 25.9% 2,560.4 .41 2,668.17 2,769.01 8.1% 3,636.3 .31 3,960.23 4,109.81 13.0% % 501.5 .51 356.9 .95 363.5 .53 (27.5)% 7,128.61 7,491.78 7,784.35 9.2% 759.6 .64 794.5 .52 827.5 .56 8.9% 18.85 22.20 20 22.35 18.6% % 3,378.8 .84 3,639.17 3,790.15 12.2% % 1,768.6 .69 1,763.91 1,833.83 3.7% 684.6 .63 801.9 .98 846.8 .83 23.7% % 517.9 .96 470.0 .00 463.6 .63 (10.5)% 7,128.61 7,491.78 7,784.35 9.2% September 30, 2013 June 30, 2014 Y-o-Y growth September 30, 2014 Net worth Minori

• rity

ty interest De Deposits Borrowin

• wings

gs Liabili litie ies on policie cies in force Other liabil ilit itie ies Total liabilities

58

Key ey ratios tios (consolidat

• nsolidated

ed)

Return n on averag age networt rth1,2

1,2

(cons nsoli lidat dated) d) Weight hted d averag age EPS (`)1 Book value (`) Percent nt 14.9 14.6 15.1 14.6 15.1 14.9 95.7 92.7 94.1 98.3 105.1 .1 101.7 .7 660 660 657 657 657 657 686 686 714 714 714 714 FY 2014 Q2- 2014 H1- 2014 Q1- 2015 Q2- 2015 H1- 2015

1. 1.

Based on quarterly ly average networth th

2. 2.

Annuali ualised for all interim im periods

Total l Capital tal

• Tier I
• Tier II

Consoli lidat dated d Basel III (Perce rcent) t) 17.57 57% 17.22% 12.52% 12.27% 5.05% 4.95% June 30, 20141 September 30, 20141

1. 1.

In line with h the appli licab able le guideli line nes, the Basel l III capita tal l ratios report rted by the Bank for the interim im periods do not includ lude profi fits ts for the period  Includ

uding ng the profi fits s for H1 H1-2015 15, , the e capital al adequ quacy acy ratio on the consoli

• lida

dated d basis s as per Base sel III norms ms would d have e been en 18.00% 0% and the Ti Tier er I rati tio

• would

d have ve been en 13.05% 5%

59

Oversea rseas s subsidiaries sidiaries

60

IC ICIC ICI I Ba Bank nk UK UK asset et profi

• file

le

September 30, 2014 Total assets: USD 4.2 bn Total assets: USD 4.1 bn June 30, 2014

1. 1. Includ ludes cash & advances ances to bank nks, T Bills 2. 2. Includ ludes securit itie ies re-clas assif ifie ied to loans ns & advances ances

1 2 2 1

61

IC ICIC ICI I Ba Bank nk UK UK liabilit ability y profile

• file

September 30, 2014 Total liabilities: USD 4.2 bn Total liabilities: USD 4.1 bn June 30, 2014

 Profit

it after tax of USD 5.1 mn mn in Q2-2015 compare ared d to USD 6.1 mn mn in Q2-2014 2014

 Capital

tal adequacy uacy ratio io at 23.1%

 Proport

portio ion n of r retail il term deposits s in total l deposit its at 42% at September r 30, 2014

62

IC ICIC ICI I Ba Bank nk Canada nada asset et profile

• file

September 30, 2014 Total assets: CAD 5.5 bn Total assets: CAD 5.6 bn June 30, 2014

1. 1. Includ ludes cash & advances ances to bank nks and government rnment securiti ities 2. 2. Based on IFRS, securiti itised portfo folio io of CAD 2,035 35 mn mn and CAD 2,05 051 1 mn mn consid idered as part of Insur ured mortg tgag age portfo foli lio at June ne 30, 2014 14 and Septembe mber r 30, 2014 14 respectivel ively

1 2 2 1

63

IC ICIC ICI I Ba Bank nk Canada nada liabilit ability y profile

• file

September 30, 2014 Total liabilities: CAD 5.5 bn Total liabilities: CAD 5.6 bn June 30, 2014

 Profit

it after tax of CAD 9.2 mn mn in in Q2 Q2-2015 2015 compare ared d to CAD 12.9 mn mn in in Q2 Q2-2014 2014

 Capital

tal adequac uacy ratio io at 34.0%

1. 1. As per IFRS, proceeds of CAD D 2,03 039 mn mn and CAD 2,06 069 9 mn mn from m sale of securit itis ised portfo foli lio consid idered as part of borrowing ings at June ne 30, 2014 14 and Septembe mber 30, 2014 14 respective tively ly

1 1

64

IC ICIC ICI I Ba Bank nk Eu Eurasia asia asset et profile

• file

September 30, 2014 Total assets: USD 114 mn Total assets: USD 127 mn June 30, 2014

 Total

l borrow rowin ings gs of USD 40 40 mn mn at September r 30, 2014

 Capital

tal adequac uacy of 47.4% at September 30, 2014

 Net profit

it of USD 0.7 mn mn in Q2-2015 compare ared d to USD 1.1 mn mn in Q2-2014 2014

1. 1. Includ ludes cash & call placement ments with bank nks, balanc nces with h central al bank nk, governm nment nt securiti ities and nostr tro balance nces

1 1

65

Dome mestic stic subsidia sidiaries ries

66

IC ICIC ICI I Home

• me Finance

ance

September 30, 2014 Total assets: ` 77.32 bn Total assets: ` 74.83 bn June 30, 2014

 Profit

it after tax of ` 481.1 mn mn in in Q2 Q2-2015 2015 compare ared d to ` 603.7 .7 mn mn in in Q2 Q2-2014 2014

 Capital

tal adequac uacy ratio io of 30.1% % at September r 30, 2014

 Net NPA ratio:

• : 0.7%

 At September

r 30, 2014: : Net worth h ` 14.79 bn bn; Deposits s ` 3.24 bn bn and Borrowin

• wings

gs & o

• ther liabil

iliti ties s ` 59.28 bn bn

67

IC ICIC ICI I Life fe

New busine ness s received d premium Renewal l premium Total l premium um Annuali ualise sed premium um equival alen ent t (APE PE) New Busine ness Profit it (NBP) P)1 NBP margin in Statutor

• ry profit

Assets Under r Manag agement nt Expens nse ratio2 ` billion

• n

10.61 14.43 37.60 19.65 23.46 86.69 30.26 37.89 124.2 .29 9.54 11.97 34.44 1.34 1.30 4.27 14.1% 10.9% 12.4% 3.87 3.99 15.67 67 739.7 .76 907.2 .26 805.9 .97 7 20.7% 16.1% 1% 18.8% Q2-2014 Q2-2015 FY2014



Sustain ined d leaders rshi hip p in privat ate space with an overall ll market share of 8.3%3 for Q1 Q1-2015 2015



Privat ate sector r market share incre reas ased d to 20.9% in Q1 Q1-2015 2015 from 17.7% % in in Q1 Q1-2014 2014

1. 1. On Tradit itio iona nal l Embedded Value ue basis; post tax 2. 2. All expenses nses (incl ncludi uding ng comm mmis issio ion) ) / (Total al premium ium – 90% % of single le premium mium) 3. 3. Source: rce: IRDA (new w busine iness retail l weighte hted premium mium)

68

IC ICIC ICI I Gen enera eral

Gross s premium um1 PAT ` billion

• n

17.01 16.38 71.34 1.56 1.58 5.11 Q2-2014 Q2-2015 FY2014

1. 1. Exclud luding ing remittanc tances from m moto tor decline ined pool l and includ luding ing premium mium on reinsur uranc ance accepted

69

Other er subsid sidiaries iaries

ICICI Prude dent ntial ial Asset Manag agement nt ICICI Securi ritie ies Primary mary Dealersh ship ICICI Securi ritie ies (Cons nsoli

• lidate

dated) d) ICICI Venture re Prof

• fit

it after ta tax (` (` billion)

• n)

0.44 0.62 1.83 (0.76) 0.49 1.32 0.18 0.68 0.91 0.05 (0.01 01) 0.33 Q2-2014 Q2-2015 FY2014  ICICI

ICI AMC: : 40.9% year ar-on

• n-yea

year increase crease in prof rofit it after ter tax x to ` ` 0.62 bill illion n in Q2 Q2-201 2015

 Susta

taine ined market rket posi

• sition

tion as 2nd d large rgest t AMC C in India dia

 Profi

• fit

t after er tax x for r ICIC ICI Secur uriti ities increased reased fro rom ` 0.18 bill illion ion in Q2 Q2-2014 014 to ` 0.68 billio llion n in Q2 Q2-2015 15