Markets

HDFC vs ICICI: Who really won in Q3?

January 19, 2026

Mark to Market HDFC vs ICICI: Who really won in Q3? Ananya Roy 2 min read 19 Jan 2026, 01:54 pm IST After their Q3 earnings release, HDFC Bank has taken the lead over ICICI Bank. (Mint) Summary Nuvama Institutional Equities has a ‘buy’ rating on both HDFC Bank and ICICI Bank stocks, but it has cut ICICI’s target price and kept that for HDFC unchanged Gift this article This is a Mint Premium article gifted to you.

Credit: Livemint

Key Highlights

Subscribe to enjoy similar stories.
Subscribe now The long-running debate over HDFC Bank versus ICICI Bank has resurfaced following their December quarter (Q3FY26) earnings announced on Saturday.
This time, HDFC is in the lead.
While the reappointment of ICICI Bank’s managing director and chief executive officer Sandeep Bakshi till October 2028 lifts a key overhang from the stock, the 4% year-on-year drop in profit-after-tax to ₹11,318 crore is disappointing.
In contrast, HDFC beat estimates with 12% growth in profit-after-tax to ₹18,654 crore.

Sources

HDFC vs ICICI: Who really won in Q3?

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

HDFC vs ICICI: Who really won in Q3?

Key Highlights

Sources

Related Stories

Shadowfax Technologies IPO opens tomorrow: GMP, issue details, 10 key things to know

Is US stock market shut today for Martin Luther King Jr. Day?

European stock markets crash up to 2% amid Trump’s fresh tariff warning over Greenland — France's CAC 40 index worst hit