ICICI Bank Limited

ICICI Bank offers banking products and financial services to corporate and retail customers. The Bank is committed towards promoting inclusive social and economic development.

About

ICICI was formed in 1955 at the initiative of the World Bank, the Government of India and representatives of Indian industry. The principal objective Read more was to create a development financial institution for providing medium-term and long-term project financing to Indian businesses. Until the late 1980s, ICICI primarily focused its activities on project finance, providing long-term funds to a variety of industrial projects. With the liberalization of the financial sector in India in the 1990s, ICICI transformed its business from a development financial institution offering only project finance to a diversified financial services provider that, along with its subsidiaries and other group companies, offered a wide variety of products and services. As India’s economy became more market-oriented and integrated with the world economy, ICICI capitalized on the new opportunities to provide a wider range of financial products and services to a broader spectrum of clients. ICICI Bank was incorporated in 1994 as a part of the ICICI group. In 1999, ICICI became the first Indian company and the first bank or financial institution from non-Japan Asia to be listed on the New York Stock Exchange.

The Bank has a long-standing commitment towards promoting inclusive social and economic development. Our social efforts are driven by the vision to create a positive impact through projects that are sustainable with widespread reach and responsive to local developmental needs and urgencies. Through the Bank’s philanthropic arm, the ICICI Foundation for Inclusive Growth, a meaningful socio-economic change has been our endeavour.

Grant Value

  • 2020-21

    Grant Value
    Rs. 2,005,000,000
    CSR Budget
    Rs. 1,845,300,000
  • 2021-22

    Grant Value
    Rs. 2,666,200,000
    CSR Budget
    Rs. 2,596,100,000
  • 2022-23

    Grant Value
    Rs. 4,766,500,000
    CSR Budget
    Rs. 4,078,400,000

Cause Area

Cause Level Grant Distribution

Programmes

Geographical Coverage

Manipur
Meghalaya
Andhra Pradesh
Karnataka
Tamil Nadu
Assam
Himachal Pradesh
Kerala
Uttarakhand
Jammu and Kashmir
Telangana

Impact

Impact made in FY 2022-23
Youth skilled through Livelihood programmes 2,05,550
Farmers benefitted through Livelihood programmes 2,240
Schools that implemented water harvesting 5,800
Villages declared ‘zero burning villages 600
Acres of grassland developed 2,245

Leadership Team

  • Sudhir Sanil LinkedIn Logo
    ESG Manager

Programs

  • Affordable and Accessible Healthcare

    Description

    Healthcare came into sharper focus following the Covid-19 pandemic, when the need to significantly strengthen the health infrastructure in the country was recognised. Through the ICICI Foundation, the Bank continued to take several measures like providing ambulances, blood donation and blood transport vehicles, dialysis machines and other health equipment to government and charitable institutions. Support was provided to underprivileged individuals for cancer care, bone marrow transplant, eye checkups and organ transplants.

    Cause
    Demographics
    Impact
    Blood collection vehicles provided to hospitals 14
    Dialysis machines provided to hospitals 500
  • Sustainable Environment and Ecology

    Description

    Environmental and ecological protection has become a critical developmental need for India, as several regions face challenges of water shortage, decline in soil quality and productivity of crops, and the need to increase forest cover and create carbon sinks. The team at ICICI Foundation engages with the local authorities and administration to understand the challenges and evaluate corrective measures that could be undertaken. Several projects relating to water conservation and rejuvenating water bodies have been undertaken.

    Cause
    States
    Demographics
    Impact
    Farmers reached regarding ‘zero burning villages 1,20,000
    Rural schools that installed solar power facilities 30
    Schools that implemented water harvesting 5,800
    Villages declared ‘zero burning villages 600
    Acres of grassland developed 2,245
  • Community development

    Description

    Promoting education, sports, entrepreneurship, support to armed forces, disaster relief and projects undertaken in aspirational districts

    Cause
    Demographics
    Impact
    Families supported during natural disaster 14,000
  • Livelihood

    Description

    Skill development in urban and rural areas, value chain development, climate smart agriculture, Rural Self-Employment Training Institutes

    Cause
    States
    Demographics
    Impact
    Youth skilled 2,05,550
    Farmers benefitted 2,240
    Pedestrian bridges constructed in Uttarakhand 91
    Tribals and forest dwellers whose income was increased 2,200

Annual Reports

In the News

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Complete CSR Report of ICICI Bank for FY 2022-23
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ICICI Bank CSR Report: Financing Inclusively and Sustainably
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ICICI Bank spends Rs. 200 Cr in Corporate Social Responsibility (CSR) in FY 2020-21
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CSR: ICICI Bank to contribute Rs 1,200 crore to Tata Memorial Centre
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ICICI Bank focuses on skill development and livelihood programs for inclusive growth under its CSR activities
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ICICI Bank’s ESG initiatives: impacting lives, empowering communities responsibly

Awards & Recognitions

1. ICICI Bank has been awarded the 'Best Governed Company Award' by the Asian Centre for Corporate Governance & Sustainability for its outstanding commitment to corporate governance. : 2024

Location

  • Headquarters

    ICICI Bank Towers, Bandra-Kurla Complex, Mumbai, Maharashtra

    Directions

Contact

  • Email ID

    customer.care@icicibank.com

  • Phone Number

    1800 1080

Point of Contact

  • Email ID

    customer.care@icicibank.com