July 21, 2017
TATA Motors
July 21, 2017


Corporate Social Responsibility (CSR) has been a long-standing commitment at ICICI Bank. The Bank’s contribution to social sector development includes several pioneering interventions and is implemented through the involvement of stakeholders within the Bank and through the broader community. The Bank established the ICICI Foundation for Inclusive Growth (ICICI Foundation) in 2008 with a view to significantly expand the activities in the area of CSR. Over the last few years ICICI Foundation has developed significant projects in specific areas, and has built capabilities for direct project implementation as opposed to extending financial support to other organisations.

CSR Project or Activity

1) Projects of ICICI Foundation for Inclusive Growth (Amount spent on the projects 710 INR mn)

  • Promoting education, employment enhancing vocational skills, livelihood enhancement projects
    • 22 skill training centres located in Bengaluru, Bhubaneswar, Chennai, Coimbatore, Delhi, Durg, Guwahati, Hyderabad, Indore, Jaipur, Kochi, Kolkata, Lucknow, Mumbai, Mysore, Nagpur, Narsobawadi, Patna, Pune, Trichy, Vijaywada and Zirakpur.
  • Eradication of hunger, poverty and malnutrition; promoting preventive healthcare through:
    • Elementary education projects in Rajasthan and Chhattisgarh.
    • Healthcare programmes including in Baran (Rajasthan).

2) Rural development projects including financial inclusion and financial literacy (Amount spent on the projects 2334.3 INR mn)

3) Contribution towards relief and welfare in calamity affected areas (Amount spent on the projects 76.5 INR mn)

4) Gift a Livelihood programme (Amount spent on the projects 25.7 INR mn)

5) Supporting research and capacity building in education sector (Amount spent on the projects 59.1 INR mn) where the Bank aims to:

  • Teach to Lead in Mumbai to support their Teach for India fellowship programme; and
  • Praxis Business School, Kolkata, supporting a chair for research for the banking sector.

6) Health sector related projects (Amount spent on the projects 7.1 INR mn)

  • Support to hospitals in Jaipur towards maintenance, cleaning and other requirements

7) Financial counsellling (Amount spent on the projects 16.9 INR mn)

  • Disha Trust set up to assist consumers in financial distress and provide counselling.

Source: ICICI Bank – Annual Report FY2016