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15	15	In October 2001, the Boards of Directors of ICICI and ICICI Bank approved the merger of ICICI and two of its wholly-owned retail finance subsidiaries, ICICI Personal Financial Services Limited and ICICI Capital Services Limited, with ICICI Bank. The merger was approved by shareholders of ICICI and ICICI Bank in January 2002, by the High Court of Gujarat at Ahmedabad in March 2002, and by the High Court of Judicature at Mumbai and the Reserve Bank of India in April 2002. Consequent to the merger, the ICICI group's financing and banking operations, both wholesale and retail, have been integrated in a single entity.
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	18	+[[image:ICICIBANK0.jpg]]
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17	17	== Awards ==
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19	19	ICICI Bank has emerged as the most trusted brand among private sector banks, according to a survey by the Economic Times Brand Equity. This is the fifth time in a trot that the Bank has topped ET's list of the most trusted brands among private sector banks.{{footnote}}https://www.icicibank.com/aboutus/awards.page{{/footnote}}
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63	63	= Financial Highlights =
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65		-Om May 9, 2020 ICICI Bank Limited release quarterly results for the Quarter ended March 31, 2020.{{footnote}}https://www.icicibank.com/managed-assets/docs/investor/quarterly-financial-results/2020/2020-05-Q4_2020_PR1.pdf{{/footnote}}
	69	+On May 9, 2020 ICICI Bank Limited release quarterly results for the Quarter ended March 31, 2020.{{footnote}}https://www.icicibank.com/managed-assets/docs/investor/quarterly-financial-results/2020/2020-05-Q4_2020_PR1.pdf{{/footnote}}
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67	67	* The core operating profit (profit before provisions and tax, excluding treasury income) increased by 18% year-on-year to ₹ 7,148 crore (US$ 945 million) in Q4-2020 from ₹ 6,077 crore (US$ 803 million) in Q4-2019. The interest on income tax refund was ` 27 crore (US$ 4 million) in Q4- 2020 compared to ` 414 crore in Q4-2019 (US$ 55 million). Excluding the interest on income tax refund, core operating profit grew by 26% yearon-year in Q4-2020
68	68	* Net interest income (NII) increased by 17% year-on-year to ` 8,927 crore (US$ 1.2 billion) in Q4-2020 from ` 7,620 crore (US$ 1.0 billion) in Q4- 2019. Excluding the interest on income tax refund, NII grew by 24% yearon-year in Q4-2020
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113	113	For Savings bank balance ₹ 50 lakhs and above from 3.75% per annum to 3.50% per annum
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	120	+**ICICI Bank Consolidated December 2020 Net Interest Income (NII) at Rs 11,801.84 crore, up 14.29% Y-o-Y **{{footnote}}https://www.moneycontrol.com/news/business/earnings/icici-bank-consolidated-december-2020-net-interest-income-nii-at-rs-11801-84-crore-up-14-29-y-o-y-6432501.html{{/footnote}}
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	122	+**February 02, 2021**; Reported Consolidated quarterly numbers for ICICI Bank are:
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	124	+* Net Interest Income (NII) at Rs 11,801.84 crore in December 2020 up 14.29% from Rs. 10325.82 crore in December 2019.
	125	+* Quarterly Net Profit at Rs. 5,498.15 crore in December 2020 up 17.73% from Rs. 4,670.10 crore in December 2019.
	126	+* Operating Profit stands at Rs. 10,258.28 crore in December 2020 up 15.3% from Rs. 8,896.72 crore in December 2019.
	127	+* ICICI Bank EPS has increased to Rs. 7.97 in December 2020 from Rs. 7.22 in December 2019.
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115	115	= References =
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117	117	{{putFootnotes/}}

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