ICICI Group: Performance & strategy

ICICI Group: Performance

& strategy

September 2014

2

Certain statements in these slides are forward-looking statements.

These statements are based on management's current expectations and

are subject to uncertainty and changes in circumstances. Actual results

may differ materially from those included in these statements due to a

variety of factors. More information about these factors is contained in

ICICI Bank's filings with the US Securities and Exchange Commission.

All financial and other information in these slides, other than financial

and other information for specific subsidiaries where specifically

mentioned, is on an unconsolidated basis for ICICI Bank Limited only

unless specifically stated to be on a consolidated basis for ICICI Bank

Limited and its subsidiaries. Please also refer to the statement of

unconsolidated, consolidated and segmental results required by Indian

regulations that has, along with these slides, been filed with the stock

exchanges in India where ICICI Bank’s equity shares are listed and with

the New York Stock Exchange and the US Securities and Exchange

Commission, and is available on our website www.icicibank.com

http://www.icicibank.com/

3

Agenda

Performance highlights

Strategy & outlook

4

Healthy loan mix &

growth

Robust funding

profile

Building granular &

stable income

streams

Efficiency of

operations

Sustainable & profitable growth Our

objective

Profitability

improvement

Balance sheet

strength

Sustaining strong diversified financial services franchise

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Jun 2014

2% 1% 1% 2% 2%

37% 37%

36% 37% 37%

28%

29%

33%

30% 30%

25%

27%

25%

26% 26%

7%

6%

5%

4% 4%

Unsecured retail Secured retail Domestic corporate Overseas branches SME

Healthy mix and calibrated growth

15.2% y-o-y credit growth at June 2014 driven by

robust retail loan growth

5

Lending

` 2,164 bn

` 2,537 bn

` 2,902 bn

` 3,387 bn ` 3,471 bn

Secured lending driving 20%+ portfolio growth

6

Retail

lending

June 2013 June 2014

Home loans

Auto loans

June 2013 June 2014

• Continued focus on risks:

• Calibrated approach to CV lending

• Unsecured portfolio size continues to remain low

Business banking

June 2013 June 2014

Along with healthy growth in rural loans

Mar

2009

Mar

2010

Mar

2011

Mar

2012

Mar

2013

Mar

2014

Jun

2014

Savings Current

29%

42%

45%43%

42%43% 43%

Mar 2009 Jun 2014

Retail/domestic Wholesale/domestic

~50% ~50%

~76%

~24%

Building a low cost and granular base Funding

Increasing proportion of CASA and retail deposits

7

CASA deposits Retail deposits

1

1. Includes FCNR(B) deposits

8

Growth driven by retail deposit franchise Funding

June 2013 June 2014

Savings deposits

Retail deposits

June 2013 June 2014

Driven by continued investments in physical and

technological infrastructure

Improvement in funding base

Bond/loan repayments covered

by asset maturities; no

refinancing risk; higher liquidity

maintained on June 30, 2014

FY2011 FY2012 FY2013 FY2014 Q1-2015

0.88%

1.23%

1.34%

1.71%

1.63%

9

Sustained improvement across businesses Granular

income

Domestic NIM

International NIM

Driven by profit and

margin focus across

domestic and international

businesses

FY2011 FY2012 FY2013 FY2014 Q1-2015

2.64%

2.73%

3.11%

3.33%

3.40%

10

Substantial increase in overall NIMs Granular

income

~70 bps improvement in overall NIM since FY2011

Overall NIM

11

Granular

income

Steady fee streams Granular

income

Forex & derivative

Overall fee growth at 8% y-o-y for Q1-2015; healthy

growth in retail fees

Commercial banking

Focus on building granular and stable revenues

~55%

~45%

Retail Non-retail

Key growth areas

Retail fees

• Remains healthy with increased

payout by ICICI Life

• Diversified financial services

franchise yielding high returns

• Dividend income of over ` 4

billion in Q1-2015

12

Regular and increasing dividend income Granular

income

FY2010 FY2014 FY2013

Contributing to increase in non-interest income

• Best in class cost-income

ratios

• Despite significant scale

up in infrastructure

FY2011 FY2012 FY2013 FY2014 Q1-2015

42%

43%

41%

38% 38%

13

Driving efficiency on larger network and business Operating

efficiency

Focus on cost efficiency to continue

Cost-income %

Near doubling of

consolidated RoE since

FY2009

About 80 bps improvement

over FY2009

14

Consistent delivery against stated objectives Return

profile

Standalone RoA

<1.0%

FY2009 1.66%

FY2013

1.76%

FY2014

Consolidated RoE

<8.0%

FY2009

14.7%

FY2013 14.9%

FY2014

Q1-2015: standalone RoA of 1.82%1

and consolidated RoE of 14.6%1

1. annualised

15

Agenda

Performance highlights

Strategy & outlook

16

Investments in

distribution

network

•Largest branch network among private

sector banks supplemented with large

ATM network

•Leadership in leveraging technology

Strong capital

position

Strong capital base with CAR of 17.39%1

with Tier 1 ratio of 12.62% 1at June 30,

2014

Diversified

business lines

Continued focus on sustaining and

enhancing franchise across financial

service businesses

Well positioned for recovery in

economic activity

Key

strengths

1. Including profits for Q1-2015

17

Strong franchise across segments (1/2)

Diversified

business

lines

• Leadership among private sector players

• Focus on strengthening franchise and profitability

• Renewed growth momentum

• Leadership among private sector players

• Healthy profitability

• Largest private sector bank in India

• Continued focus on enhancing retail franchise;

investing in semi-urban & rural markets

• Well established corporate franchise along with

overseas presence

18

• Increase in market share in broking

• Focus on maintaining profitability

• Improvement in market conditions favourable for

business outlook

• Improved market position to second largest mutual

fund in India in terms of overall AUM

• Strong fund performance

Strong franchise across segments (2/2)

Diversified

business

lines

19

Significant scale up in branch & ATM network

•Network of 3,763 at Jun 2014;

largest in private sector banks

• Supplemented by >11,000

ATMs

•Largest rural branch network

among private sector banks

• ~75% of branch additions

since March 2012 in rural and

semi-urban areas

Branch network

Investments in

distribution

0

500

1000

1500

2000

2500

3000

3500

4000

Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Jun-14

Metro Urban Semi Urban Rural

1,707

2,5292,752

3,100

3,753 3,763

Continued leadership in technology

20

Technology

Facilitating faster and more convenient processes

Reducing transaction costs and improving customer

experience

Key initiatives during recent years

21

Technology

Tab banking

Focus on mobile

banking;

“Money2India Mobile

App” for NRIs

24x7 touch banking:

facilitating day-to-day

transactions

Comprehensive

solutions: online

tendering, electronic

toll collection

Leveraging social

networking platforms

Redesigned &

customised website

Supporting

customer service &

cost efficiency

Leveraging mobility, digitisation and

innovations in payments technology

Improving throughput & productivity

22

Technology

•Network of 101 touch banking branches; facilitating

banking transactions 24x7

•Self service kiosks installed in several other branches;

basic transactions facilitated through such platforms

•6x increase in number of transactions since March 2012

• ~25% market share based on value of transactions

Mobile banking

Touch

banking &

kiosks

•Significantly reduced processing time for opening

accounts

•About 25-30% of the savings accounts opened every

month are sourced using tab banking

Tab banking

Scale benefits of these initiatives are

yet to be realised

Consolidated Basel III total capital

adequacy ratio at 18.0%1, tier 1 ratio at

12.9%1 at June 30, 2014

23

Healthy capital ratios Capital

position

Among the best capitalised large Indian banks

June 30, 2014

Tie

r I

CA

R

17.4%1

12.6%1

Standalone capital

1. Including profits for Q1-2015

24

Key priorities for FY2015

25

Key priorities Our

approach

We are targeting credit growth with focus on selected

areas; retail lending to be a key driver

We will continue to support this growth with a robust

funding profile

We will continue to focus on productivity & operating

efficiency as a profitability driver

26

Targeting healthy growth and mix Lending

Retail portfolio to continue to be the key driver for

growth

Growth in corporate (including overseas branches) &

SME portfolios to be calibrated to the environment

Targeting 2-4% higher than system domestic loan

growth

27

• Sustaining momentum in disbursements Home

loans

•Calibrated disbursement growth given

underlying market trends and pricing

•However, book growth would be relatively high

Auto

loans

•Moderate growth given economic scenario CV

•Significant growth off low base with close

monitoring of asset quality trends; portfolio size

to be low proportion of total loans

Unsecured

loans

Focus on traditional segments to continue Retail

assets

28

New growth areas Retail

assets

• Small value and well collateralised lending to small

businesses

• Closely linked to current account deposits

• Building granular and diversified portfolio while

maintaining focus on portfolio asset quality

• Leveraging increase in geographical presence and larger

distribution to increase volumes

Small business loans

Rural markets

29

•Moderate improvement in growth over FY2014

levels expected, with

•Focus on higher rated credit

•Focus on working capital and short term loans

•Continued close monitoring of portfolio

Domestic

corporate &

SME loans

Calibrated approach to continue

Domestic

corporate &

SME

30

•Growth calibrated to global funding

markets & Indian corporate credit demand

•Focus on commercial banking, including

working capital facilities for Indian

companies abroad and MNCs engaged in

trade with India

Branches

Lending primarily

to Indian

corporates

•Continued focus on optimising capital

•Focus on short term loans, working

capital lines, trade & transaction banking

products to MNCs, select local market

corporates & Indian companies abroad

Subsidiaries

•Regulatory

expectations

impacting

business model

•High capital levels

Focus on profitability and returns International

business

31

Targeting healthy growth in CASA deposits Funding

profile

Focus on leveraging investments made so far

Expanded branch network

Significant investments made in technology

Average CASA ratio maintained in 38-40% range

since FY2011

32

Sustained focus on strengthening franchise In

summary

2009 onwards

Driving

structural

improvements

Outlook going forward

Achieved

significant

improvement in

balance sheet &

operating

parameters Well-positioned

for economic

recovery

Focus on

profitable credit

growth;

enhancing

franchise

2011 onwards

Scaled up retail

business; continued

investments in

distribution &

technology

Focus on sustaining

profitability metrics

& leveraging growth

opportunities

33

Thank you

34

Q1-2015: Performance highlights

16.8% increase in standalone profit after tax from `

22.74 bn in Q1-2014 (April-June 2013) to ` 26.55 bn in

Q1-2015 (April-June 2014)

Net interest income increased by 17.6% year-on-year;

net interest margin improved from 3.27% in Q1-2014 to

3.40% in Q1-2015

Consolidated profit after tax at ` 28.32 bn in Q1-2015;

consolidated return on average networth

(annualised) at 14.6%

Profitability

35

Q1-2015: Performance highlights

Balance sheet

Advances increased by 15.2% year-on-year to `

3,470.67 billion at June 30, 2014

Retail advances growth at 26.4% year-on-year at

June 30, 2014

Domestic corporate loan growth at 7.7%

Period end CASA ratio at 43.0% at June 30, 2014

compared to 43.2% at June 30, 2013 and 42.9%

at March 31, 2014

Average CASA ratio at 39.5% for Q1-2015

compared to 39.1% in Q4-2014

Net NPA ratio at 0.87% at June 30, 2014 (March

31, 2014: 0.82%; June 30, 2013: 0.69%)

Standalone results

36

37

Profit & loss statement

Q1-2014 Q4-2014 Q1-2015

Q1-o-Q1

growth FY2014

NII

38.20 43.57 44.92 17.6% 164.75

Non-interest

income 24.84 29.76 28.50 14.7% 104.28

- Fee income 17.93 19.74 19.36 8.0% 77.58

- Other income 2.88 7.571

5.261

82.0% 16.531

- Treasury income 4.03 2.45 3.88 (3.7)% 10.17

Total income 63.04 73.33 73.42 16.5% 269.03

Operating

expenses

24.90 28.79 28.25 13.4% 103.09

Operating profit 38.14 44.54 45.17 18.4% 165.94

(` billion)

1. Includes ` 2.22 billion and ` 1.03 billion of exchange rate gains on repatriation of retained

earnings from overseas branches in Q4-2014 and Q1-2015 respectively

38

Profit & loss statement

Q1-2014 Q4-2014 Q1-2015

Q1-o-Q1

growth FY2014

Operating profit 38.14 44.54 45.17 18.4% 165.94

Provisions

5.93 7.14 7.26 22.4% 26.26

Profit before tax 32.21 37.40 37.91 17.7% 139.68

Tax 9.47 10.881 11.36

1 20.0% 41.58

1

Profit after tax 22.74 26.52 26.55 16.8% 98.10

(` billion)

1. The Reserve Bank of India (RBI), through its circular dated December 20, 2013, had

advised banks to create deferred tax liability (DTL) on the amount outstanding in Special

Reserve, as a matter of prudence. In accordance with RBI guidelines, during the year

ended March 31, 2014 the Bank created DTL of ₹ 14.19 billion on Special Reserve

outstanding at March 31, 2013, by reducing the reserves. Further, tax expense for Q4-

2014, FY2014 and Q1-2015 includes impact of DTL on Special Reserve, of ₹ 0.89 billion, ₹

3.04 billion and ₹ 0.95 billion respectively. No provision for DTL on Special Reserve was

made in Q1-2014.

Key ratios

(Percent)

1. Annualised for all interim periods

Movement in yield, costs &

margins

Q1-

2014

Q4-

2014

Q1-

2015

FY

2014

Yield on total interest earning

assets1

8.92 8.96 8.90 8.92

Cost of funds1

6.30 6.20 6.19 6.21

Net interest margin1 3.27 3.35 3.40 3.33

39

Q1-

2014

Q4-

2014

Q1-

2015

FY

2014

Return on average networth1

13.3 14.6 14.3 13.7

Return on average assets1

1.75 1.86 1.82 1.76

Weighted avg EPS (`)1

79.1 93.1 92.2 85.0

Book value (`)

607 634 657 634

Fee to income 28.5 27.0 26.4 28.9

Cost to income 39.4 39.2 38.4 38.2

Average CASA ratio 39.0 39.1 39.5 39.4

40

Balance sheet: Assets

June 30,

2013

March 31,

2014

June 30,

2014

Y-o-Y

growth

Cash & bank balances 326.87 415.30 422.01 29.1%

Investments 1,746.25 1,770.22 1,701.53 (2.6)%

- SLR investments 994.21 951.65 967.40 (2.7)%

- Equity investment in

subsidiaries 120.23 120.23 120.23 -

- RIDF1 and related 198.31 248.19 241.20 21.6%

Advances2

3,013.70 3,387.03 3,470.67 15.2%

Fixed & other assets

398.77 373.87 289.34 (27.4)%

Total assets2

5,485.59 5,946.42 5,883.55 7.3%

(` billion)

Net investment in security receipts of asset reconstruction companies

was ` 9.25 bn at June 30, 2014 (March 31, 2014: ` 8.84 bn)

1. Rural Infrastructure Development Fund

2. Including impact of exchange rate movement

SME

4.6%

Domestic

corporate

32.5%

Overseas

branches

26.9%

Retail

business

36.0%

41

Composition of loan book (y-o-y)


2. Domestic corporate loans include builder finance

3. Including buyouts & inter-bank participation

certificates

June 30, 2013

Total loan book: ` 3,014 bn

June 30, 2014


1

2

3 Retail

business

39.6%

Domestic

corporate

30.4%

Overseas

branches

25.6%

SME

4.4%

1

2

3

42

Composition of retail loan book (y-o-y)

1. June 30, 2013 :Vehicle loans includes auto loans

10.2%, commercial business 12.5%

2. June 30, 2014: Vehicle loans includes auto loans


Total retail loan book: ` 1,085 bn

June 30, 2013

• Total retail advances growth of 26.4%

Total retail loan book: ` 1,372 bn

June 30, 2014

Home

54.1%

Vehicle loans

20.3%

Others

14.0%

Business banking

5.6%

Credit cards

2.6%

Personal loans

3.4%

2

Others

12.1%

Business

banking

5.8%

Credit cards

2.8%Personal loans

1.7%

Vehicle loans

22.7%

Home

54.9%1

Retail

business

39.0%

Domestic

corporate

30.1%

Overseas

branches

26.5%

SME

4.4%

43

Composition of loan book (q-o-q)

March 31, 2014



2. Domestic corporate loans include builder finance

3. Including buyouts & inter-bank participation

certificates

June 30, 2014


3

2

1

Retail

business

39.6%

Domestic

corporate

30.4%

Overseas

branches

25.6%

SME

4.4%

1

2

3

44

Composition of retail loan book (q-o-q)

1. March 31, 2014: Vehicle loans includes auto loans


2. June 30, 2014: Vehicle loans includes auto loans


Total retail loan book: ` 1,320 bn Total retail loan book: ` 1,372 bn

June 30, 2014 March 31, 2014

Home

54.1%

Vehicle loans

20.3%

Others

14.0%

Business banking

5.6%

Credit cards

2.6%

Personal loans

3.4%

2

Home

53.5%

Vehicle loans

20.9%

Others

14.1%

Business banking

6.0%

Credit cards

2.5%

Personal loans

3.0%

1

45

Equity investment in subsidiaries

June 30,

2013

March 31,

2014

June 30,

2014

ICICI Prudential Life Insurance 35.93 35.93 35.93

ICICI Bank Canada 30.51 30.51 30.51

ICICI Bank UK 21.20 21.20 21.20

ICICI Lombard General Insurance 14.22 14.22 14.22

ICICI Home Finance

11.12 11.12 11.12

ICICI Bank Eurasia LLC 3.00 3.00 3.00

ICICI Securities Limited 1.87 1.87 1.87

ICICI Securities Primary Dealership 1.58 1.58 1.58

ICICI AMC 0.61 0.61 0.61

ICICI Venture Funds Mgmt 0.05 0.05 0.05

Others 0.14 0.14 0.14

Total 120.23 120.23 120.23

(` billion)

Balance sheet: Liabilities

June 30,

2013

March 31,

2014

June 30,

2014

Y-o-Y

growth

Net worth 700.79 732.14 758.99 8.3%

- Equity capital 11.54 11.55 11.56 0.2%

- Reserves1

689.25 720.59 747.43 8.4%

Deposits 2,911.85 3,319.14 3,357.67 15.3%

- Savings 888.53 991.33 1,027.36 15.6%

- Current 369.81 432.45 416.78 12.7%

Borrowings2,3

1,559.20 1,547.59 1,459.46 (6.4)%

Other liabilities

313.75 347.55 307.42 (2.0)%

Total liabilities3

5,485.59 5,946.42 5,883.55 7.3%

(` billion)

Credit/deposit ratio of 80.5% on the domestic balance

sheet at June 30, 2014

1. During the three months ended December 31, 2013, the Bank has created a DTL of ` 14.19 billion

on Special Reserve outstanding at March 31, 2013, by reducing the reserves

2. Borrowings include preference shares amounting to ` 3.50 bn


46

47

Composition of borrowings

June 30,

2013

March 31,

2014

June 30,

2014

Domestic 837.82 718.39 621.65

- Capital instruments1

384.74 385.01 385.45

- Other borrowings

453.08 333.38

236.21

Overseas2

721.38 829.20

837.81

- Capital instruments 20.15 20.34 20.43

- Other borrowings 701.23 808.86 817.38

Total borrowings2

1,559.20 1,547.59 1,459.46

Capital instruments constitute 62.0% of domestic borrowings

1. Includes preference share capital ` 3.50 bn


(` billion)

48

Capital adequacy

Standalone Basel III

March 31, 2014

June 30, 20141,2

` bn % ` bn %

Total Capital

882.51 17.70% 881.29 17.00%

- Tier I 637.38 12.78% 634.18 12.23%

- Tier II 245.13 4.92% 247.11 4.77%

Risk weighted assets 4,986.03 5,184.02

-On balance sheet 3,930.53 4,055.52

-Off balance sheet 1,055.49 1,128.50

Including the profits for Q1-2015, the capital adequacy ratio for the

Bank as per Basel III norms would have been 17.39% and the Tier I

ratio would have been 12.62%

1. In line with the applicable guidelines, the Basel III capital ratios reported by the Bank for

the interim periods do not include profits for the period

2. Capital ratios at June 30, 2014 include the impact of credit value adjustment on derivative

exposures and capital charge required for borrowers with unhedged foreign currency

exposures, in accordance with the Reserve Bank of India guidelines

49

Gross retail NPLs at ` 37.89 bn and net retail NPLs at ` 8.46 bn

at June 30, 2014 compared to ` 54.11 bn and ` 7.76 bn

respectively at June 30, 2013

Provisioning coverage ratio of 68.4% at June 30, 2014

computed in accordance with RBI guidelines

Net loans to companies whose facilities have been restructured

at ` 112.65 bn at June 30, 2014 compared to ` 105.58 bn at

March 31, 2014 and ` 59.15 bn at June 30, 2013

Outstanding general provision on standard assets: ` 20.36 bn at

June 30, 20141

Asset quality and provisioning (` billion)

June 30,

2013

March 31,

2014

June 30,

2014

Gross NPAs

100.57 105.54 110.01

Less: Cumulative provisions

75.85 72.53 75.27

Net NPAs 24.72 33.01 34.74

Net NPA ratio

0.69% 0.82% 0.87%

1. Including general provisions on standard restructured

loans

50

Movement of NPA (` billion)

Q1-2014 Q4-2014 Q1-2015

Opening gross NPA

96.47 104.48 105.54

Add: Gross additions

11.16 12.41 11.95

Less: Gross deletions 3.10 4.16 3.56

Net additions

8.06 8.25 8.39

Less: Write-offs & sale

3.96 7.19 3.92

Closing balance of gross NPAs

100.57 105.54 110.01

Gross NPA ratio1

2.76% 2.56% 2.69%

1. Based on customer assets

51

Distribution network

At March

31, 2012

At March

31, 2013

At March

31, 2014

At June

30, 2014

% of mix

at Jun

30, 2014

Branches

Metro 816 865 935 940 25.0%

Urban 720 782 865 865 23.0%

Semi Urban 904 989 1,114 1,114 29.6%

Rural 312 464 839 844 22.4%

Total

branches 2,752 3,100 3,753 3,763 100.0%

ATMs

Total ATMs 9,006 10,481 11,315 11,447 -

52

Consolidated results

53

Consolidated profit & loss statement

Q1-2014 Q4-2014 Q1-2015 FY2014

Q1-o-Q1

growth

NII 45.75 52.38 53.51 197.69 17.0%

Non-interest income 66.81 88.07 69.20 300.85 3.6%

- Fee income 20.32 22.29 22.77 87.75 12.1%

- Premium income 37.61 59.77 39.41 193.32 4.8%

- Other income 8.88 6.01 7.02 19.78 (20.9)%

Total income 112.56 140.45 122.71 498.54 9.0%

Operating expenses 65.76 91.76 71.53 306.67 8.8%

Operating profit 46.80 48.69 51.18 191.87 9.4%

(` billion)

Consolidated profit & loss statement

54

Q1-2014 Q4-2014 Q1-2015 FY2014

Q1-o-Q1

growth

Operating profit 46.80 48.69 51.18 191.87 9.4%

Provisions 6.57 8.12 8.14 29.00 23.9%

Profit before tax 40.23 40.57 43.04 162.87 7.0%

Tax 11.08 11.84 13.22 46.10 19.3%

Minority interest 1.68 1.49 1.50 6.36 (10.7)%

Profit after tax 27.47 27.24 28.32 110.41 3.1%

(` billion)

Consolidated balance sheet

June 30,

2013

March 31,

2014

June 30,

2014

Y-o-Y

growth

Cash & bank balances 411.60 482.58 506.43 23.0%

Investments 2,587.01 2,676.09 2,668.17 3.1%

Advances

3,441.08 3,873.42 3,960.23 15.1%

Fixed & other assets

482.58 443.17 356.95 (26.0)%

Total assets

6,922.27 7,475.26 7,491.78 8.2%

Net worth 726.05 764.30 794.52 9.4%

Minority interest 18.48 20.11 22.20 20.1%

Deposits 3,145.27 3,595.13 3,639.17 15.7%

Borrowings 1,834.67 1,835.42 1,763.91 (3.9)%

Liabilities on policies

in force 694.29 749.27 801.98 15.5%

Other liabilities 503.51 511.03 470.00 (6.7)%

Total liabilities

6,922.27 7,475.26 7,491.78 8.2%

(` billion)

55

56

Key ratios (consolidated)

Q1-

2014

Q4-

2014

Q1-

2015

FY

2014

Return on average

networth1,2

(consolidated) 15.6 14.2 14.6 14.9

Weighted avg EPS (`)2

95.5 95.7 98.3 95.7

Book value (`)

628 660 686 660

(Percent)

1. Based on quarterly average networth

2. Annualised for all interim periods

Consolidated Basel III

March 31, 2014 June 30, 20141

Total Capital

18.34% 17.57%

- Tier I 13.11% 12.52%

- Tier II 5.23% 5.05%

1. In line with the applicable guidelines, the Basel III capital ratios reported by the Bank for

the interim periods do not include profits for the period

Including the profits for Q1-2015, the capital adequacy ratio for the

Bank as per Basel III norms would have been 17.95% and the Tier I

ratio would have been 12.90%

57

Overseas subsidiaries

Cash & liquid

securities

18.0%

Loans &

advances

66.9%

India linked

investments

7.0%

Bonds/notes of

financial

institutions

0.9%

Asset backed

securities

1.9%

Other assets &

investments

5.3%

Cash & liquid

securities

26.7%

Loans &

advances

62.0%

India linked

investments

5.6%

Bonds/notes of

financial

institutions

1.0%

Asset backed

securities

1.7%

Other assets &

investments

3.0%

58

June 30, 2014

Total assets: USD 4.1 bn

58

ICICI Bank UK asset profile

1. Includes cash & advances to banks, T Bills

2. Includes securities re-classified to loans & advances

Total assets: USD 4.5 bn

March 31, 2014

1

2

1

2

1

2

59 59

ICICI Bank UK liability profile

Profit after tax of US$ 6.3 mn in Q1-2015 compared to US$ 5.4 mn in Q1-2014

Capital adequacy ratio at 23.3%

Proportion of retail term deposits in total deposits at 42% at June 30, 2014

Total liabilities: USD 4.5 bn

March 31, 2014 June 30, 2014

Total liabilities: USD 4.1 bn

Net worth

14.1%

Demand deposits

24.6%

Term deposits

32.1%

Long

term debt

9.5%

Syndicated loans

& interbank

borrowings

17.4%

Other

liabilities

2.3% Net worth

15.5%

Demand deposits

24.4%

Term deposits

35.7%

Long

term debt

7.9%

Syndicated loans

& interbank

borrowings

13.7%

Other

liabilities

2.8%

60

ICICI Bank Canada asset profile

1. Includes cash & advances to banks and government securities

2. Based on IFRS, securitised portfolio of CAD 1,973 mn and CAD 2,035 mn considered as

part of Insured mortgage portfolio at March 31, 2014 and June 30, 2014 respectively

March 31, 2014

Total assets: CAD 5.5 bn

June 30, 2014

Total assets: CAD 5.6 bn

2

1

2

1

Cash & liquid

securities

11.2% Insured

mortgage

36.2%

Loans to customers

51.7%

Asset backed

securities

0.3%

Other assets &

investments

0.6%

Cash & liquid

securities

15.5%

Insured

mortgage

37.3%

Loans to customers

45.5%

Asset backed

securities

0.3%

Other assets &

investments

1.4%

61 61

ICICI Bank Canada liability profile

Profit after tax of CAD 14.0 mn in Q1-2015 compared to CAD 14.4 mn in Q1-2014

Capital adequacy ratio at 30.6%

1. As per IFRS, proceeds of CAD 1,967 mn and CAD 2,039

mn from sale of securitised portfolio considered as part

of borrowings at March 31, 2014 and June 30, 2014

respectively

Total liabilities: CAD 5.5 bn

June 30, 2014

March 31, 2014

Total liabilities: CAD 5.6 bn

1

Net worth

17.3%

Term deposits

32.5%

Demand deposits

12.1%

Borrowings

37.0%

Other

liabilities

1.1%

1

Net worth

17.0%

Term deposits

33.9%

Demand deposits

11.3%

Borrowings

37.1%

Other

l iabilities

0.7%

1

Loans to

corporates &

banks

48.8%

Retail loans

24.9%

Cash & cash

equivalents

25.0%

Other assets &

investments

1.3%

62 62

ICICI Bank Eurasia asset profile

1. Includes cash & call placements with banks,

balances with central bank, government securities

and nostro balances

Total borrowings of USD 53 mn at June 30, 2014

Capital adequacy of 48.0% at June 30, 2014

Net profit of USD 0.2 mn in Q1-2015 compared to USD 0.9 mn in Q1-2014

Total assets: USD 118 mn

June 30, 2014

Total assets: USD 127 mn

March 31, 2014

1

Loans to

corporates &

banks

38.3%

Retail loans

23.1%

Cash & cash

equivalents

37.7%

Other assets &

investments

0.9%

1

63

Domestic subsidiaries

64

ICICI Home Finance

Profit after tax of ` 499.7 mn in Q1-2015 compared to ` 575.6 mn in Q1-2014

Capital adequacy ratio of 30.9% at June 30, 2014

Net NPA ratio: 0.8%

At June 30, 2014: Net worth ` 14.66 bn; Deposits ` 3.59 bn and Borrowings &

other liabilities ` 56.58 bn

March 31, 2014

Total assets: ` 72.58 bn

June 30, 2014

Total assets: ` 74.83 bn

Investments and other assets

8.6%

Loans

91.4%

`

Investments and other assets

8.4%

Loans

91.6%

`̀̀

65 65 65

ICICI Life (` billion)

Q1-2014 Q1-2015 FY2014

New business received premium 5.65 7.82 37.60

Renewal premium 15.29 15.62 86.69

Total premium 20.94 23.44 124.29

Annualised premium equivalent (APE) 5.41 6.59 34.44

New Business Profit (NBP) 1 0.81 0.72 4.27

NBP margin 15.0% 10.9% 12.4%

Statutory profit 3.64 3.82 15.67

Assets Under Management 748.40 861.10 805.97

Expense ratio2

23.1% 20.4% 18.8%

Sustained leadership in private space with an overall market share of 7.2%3 for

FY2014

Private sector market share increased to 18.9% in FY2014 from 18.5% in

FY2013

1. On Traditional Embedded Value basis; post tax

2. All expenses (including commission) / (Total premium

– 90% of single premium)

3. Source: IRDA (new business retail weighted premium)

66

ICICI General

1. Excluding remittances from motor declined pool and including premium on reinsurance

accepted

2. Source: IRDA

Q1-2014 Q1-2015 FY2014

Gross premium1

18.59 18.47 71.34

PAT 2.03

0.72 5.11

Market share based on gross written premium was 9.6%2

for April-May 2014

(` billion)

67

Other subsidiaries

Profit after tax Q1-2014 Q1-2015 FY2014

ICICI Prudential Asset

Management 0.37 0.61 1.83

ICICI Securities Primary Dealership 1.20 0.46 1.32

ICICI Securities (Consolidated) 0.13 0.61 0.91

ICICI Venture 0.19 0.11 0.33

(` billion)

ICICI AMC: 64.9% year-on-year increase in profit after tax

to ` 0.61 billion in Q1-2015

Sustained market position as 2nd largest AMC in India

Profit after tax for ICICI Securities increased from ` 0.13

billion in Q1-2014 to ` 0.61 billion in Q1-2015

ICICI Group: Performance & strategy

Documents