Private Banks · Stock Comparison

HDFC Bank vs ICICI Bank: Which Stock is Better? [2026]

Two largest Indian private banks. HDFC has historically commanded a premium for consistency, while ICICI has surged on better margin expansion and cleaner books post-restructuring. This page scores both stocks on 8 weighted fundamentals so you can decide at a glance. Data is illustrative and for educational purposes—always verify on the latest filings before investing.

HDFC Bank

Weighted score / 100

ICICI Bank

Weighted score / 100

Verdict: HDFC Bank edges ahead on our weighted scorecard, but both are quality names in Private Banks.

Head-to-Head Fundamentals

Metric	HDFC Bank	ICICI Bank	Rule
PE Ratio	19	17	Lower is better
ROE (%)	17	18	Higher is better
Debt/Equity	6.8	6.5	Lower is better
Profit Margin (%)	22	25	Higher is better
Revenue Growth 5Y (%)	18	16	Higher is better
Dividend Yield (%)	1.2	0.9	Higher is better
Current Ratio	0	0	Higher is better
Promoter Holding (%)	26	0	Higher is better

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