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RBI agri loan reclassification

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ICICI profit dips 4% as RBI flags agri loans; CEO gets 2-year extension

R Amin3 days ago02 mins mins

Mumbai : An RBI-directed reclassification of the bank’s agri loan portfolio led to ICICI Bank reporting a 4% year-on-year decline in net profit to Rs 11,318 crore for the quarter ended Dec 2025. The bank’s board also reappointed Sandeep Bakhshi for a further two years starting Oct 2026, 19 months before he turns 70 –…

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