Comparison of two Private Banks
Both ICICI Bank and HDFC Bank have declared their Q1 results ended 30-6-2025.
1. Profits
Where as HDFC Bank managed net profit of Rs.18,155 crore only after selling 20% shares of HDB Finance company for Rs.7800 crore ( 9128 crore - tax 1328 crore) compared to a net profit of Rs.17,620 crore in March quarter 2025.
2. New Branches
In Q1 ended 30-6-2025 ICICI Bank opened 83 new branches taking the tally to 6983 branches.
In the above quarter HDFC Bank opened 44 new branches taking the tally to 9499 branches.
3. Deposits
As usual for all banks Current account Deposits reduced for both the banks .
But SB account deposit increased for both the banks in Q1 of 2025-26. This is a great achievement compared to many other Banks.
Rs. In crore
SB account deposit
31-3-2025. 30-6-2025
ICICI Bank 4,40,772. 4,45,842
HDFC Bank 6,30,500. 6,39,000
Total deposit
ICICI 16,10,348. 16,08,517
( It reduced marginally)
HDFC 27,14,700. 27,64,100
It increased ,very good feature.
Net advance ( after deducting Bills rediscounting with RBI)
ICICI. 13,10,981. 13,31,196
HDFC. 26,43,500. 26,53,200
Advances increased by 0.4% in HDFC Bank and 1.6% increased in ICICI Bank.
Borrowings
It is more in HDFC Bank due to merger of HDFC housing finance Ltd, which ran on bonds than deposits.
ICICI. 1,23,538. 1,17,095
HDFC. 5,47,900. 5,10,100
It reduced in both the banks.
Investment
Total investment
ICICI. 5,04,757. 5,07,707
HDFC. 8,36,400. 8,96,700
Of the above investment in Government bonds and bills was
ICICI. 3,99,687. 3,92,027
HDFC. 8,16,000. 8,76,500
So ICICI Bank is investing more than Rs.115,000 in mutual fund, companies bonds and deposits and getting good income. Where as HDFC Bank invested only Rs.20,200 crore in other financial assets.
Gross NPA
ICICI. 24,166. 24,733
( Increased not a good sign)
HDFC. 35,200 37,000
It is also not a good sign.
Write off
ICICI. 1,753. 2,118
HDFC. 3,300. 3,000
Net interest margin
ICICI. 4.41%. 4.34%
Was excellent.
HDFC. 3.7% 3.5%
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