ICICI BANK Dividend:
ICICI Bank, one of India’s leading private sector banks, has proposed a robust dividend of ₹11 per equity share for the financial year 2024–25. This announcement, made during the Board of Directors meeting on April 19, 2025, highlights the bank’s consistent growth trajectory and unwavering commitment to shareholder value. The proposed dividend will be subject to shareholder approval at the forthcoming Annual General Meeting (AGM).
ICICI Bank dividend pertains to equity shares with a face value of ₹2 each, which translates to an effective 550% payout based on the face value a notable return for investors. This decision is not only a reward for shareholder loyalty but also a reflection of the bank’s confident financial standing.
ICICI Bank Dividend After Announcement of FY2025 Earnings
The bank’s standalone financial performance for the year ending March 31, 2025, was particularly strong. ICICI Bank reported a standalone net profit of ₹47,226.99 crore, marking an impressive jump from ₹40,888.27 crore in FY2024. The surge in profitability was largely driven by a rise in interest income, which grew from ₹142,890.94 crore in the previous fiscal to ₹163,263.78 crore in FY2025. Total income stood at ₹191,770.48 crore, reflecting growth across its key verticals retail, corporate, and treasury operations.
Furthermore, the bank’s earnings per share (EPS) rose significantly, with basic EPS at ₹67.01 and diluted EPS at ₹65.89. These figures indicate not just strong earnings but also disciplined financial management and operational efficiency, all of which strengthen the rationale for a higher dividend payout.
Click Here To See Full Financial Results of ICICI Bank
Key Strategic Moves During the Year
Alongside the ICICI Bank dividend announcement, ICICI Bank’s Board also approved several major resolutions aimed at future-proofing the organization. These included the renewal of fundraising limits up to ₹250 billion through the issuance of non-convertible debentures in the domestic market and an additional USD 1.5 billion in overseas bonds and deposits. This move gives the bank flexibility to strengthen its capital base and support lending growth.
Another significant resolution was the proposed divestment of the bank’s entire 18.8% stake in NIIT Institute of Finance Banking and Insurance Training Limited (NIIT-IFBI), a move that aligns with its focus on streamlining operations and concentrating on core businesses. The Board also approved the re-appointment of joint statutory auditors and appointed Ms. Madhavi Purandare to the senior management team, reinforcing its leadership structure.
Sound Fundamentals and Future Outlook
ICICI Bank continues to maintain a solid financial foundation. The capital adequacy ratio under Basel III norms stood at 16.55% as of March 31, 2025 well above regulatory requirements. The asset quality also showed improvement, with the gross non-performing assets (NPA) ratio at 1.67% and the net NPA ratio reduced to 0.39%, signaling a healthy loan portfolio and effective risk management.
These fundamentals place ICICI Bank in a strong position to navigate future challenges and seize growth opportunities in the evolving banking landscape.
ICICI Bank Dividend History for the last 11 financial years, including the proposed dividend for FY2025:
| Financial Year | Dividend per Share (₹) | Dividend (%) | Ex-Dividend Date | |
|---|---|---|---|---|
| 2024–25 | 11.00 | 550% | To be subjected to shareholders approval | |
| 2023–24 | 10.00 | 500% | 12-Aug-2024 | |
| 2022–23 | 8.00 | 400% | 09-Aug-2023 | |
| 2021–22 | 5.00 | 250% | 08-Aug-2022 | |
| 2020–21 | 2.00 | 100% | 29-Jul-2021 | |
| 2019–20 | No dividend declared | N/A | N/A | |
| 2018–19 | 1.00 | 50% | 22-Jul-2019 | |
| 2017–18 | 1.50 | 75% | 24-Aug-2018 | |
| 2016–17 | 2.50 | 125% | 20-Jun-2017 | |
| 2015–16 | 5.00 | 250% | 16-Jun-2016 | |
| 2014–15 | 5.00 | 250% | 04-Jun-2015 |
*Note: ICICI Bank dividend percentages are based on a face value of ₹2 per share.
The proposed ICICI Bank dividend of ₹11 per share for FY2024–25 represents the highest cash reward by ICICI Bank in the last ten years.
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