Enhancing Community Welfare

ICICI Bank and ICICI Foundation for Inclusive Growth strive to promote sustainable development through value creation. Our interventions for community welfare are focused on diverse areas including creating infrastructure in remote locations, augmenting healthcare facilities, uplifting and restoring livelihoods, providing disaster relief and improving access to education for marginal communities among others.

Restoring Livelihoods Impacted by Cyclone

The Sundarbans region, part of the world’s largest delta in West Bengal, was badly affected by Cyclone Yaas in fiscal 2022. ICICI Bank sanctioned a grant to Kolkata Society for Cultural Heritage, an NGO, for restoration of shelters and livelihood for underprivileged people of Sundarbans. The project envisaged restoration of shelters as well as fresh water ponds which had become salinated due to sea water flooding the mangroves. Over 1,000 shelters that were partially or completely destroyed were repaired which benefited more than 1,150 villagers. Moreover, 100 freshwater ponds were restored, making clean drinking water accessible to over 7,800 villagers. Further, villagers were provided with crab fingerlings and shrimp along with equipment like nets, bamboo and fish food to start fish farming. This has resulted in restoring the livelihood of over 2,250 villagers.

Setting up of an Eye Care Centre and Pathology Lab

ICICI Bank provided financial assistance for setting up an ICICI Centre for Elderly Eye Care, a state-of-the-art geriatric care centre, at LV Prasad Eye Institute in Bhubaneswar, Odisha. The centre provides eye treatment for elderly patients and performs first line of screening for other age-related health morbidities like frailty, risk of falls and dementia among others.

The Bank has also sanctioned a grant to partly finance the setting up of a pathology laboratory at the Indian Institute of Technology, Kanpur, Uttar Pradesh. The facility will help over 15,000 campus residents and about 20,000 residents in the nearby areas of Barasirohi and Nankari.

Providing Funds to Schools

Indian Army’s HQ 15 Corps implements the Army Goodwill Schools (AGS) project in Jammu and Kashmir under the Military Civic Action programme of the Government of India. ICICI Bank has sanctioned an educational grant for the operational management of three AGS at Hanzik, Boniyar and Khanabal, for a year. This will help over 1,500 less privileged students to get a modern education facility.

Creating Infrastructure at Remote Locations

The hilly terrain of Uttarakhand in the Himalayan belt, coupled with the frequent inclement weather conditions, makes commuting difficult for the villagers. This has an adverse impact on school-going children, as well as livelihood of villagers. In fiscal 2022, ICICI Foundation signed a Memorandum of Understanding (MoU) with HESCO (Himalayan Environmental Studies and Conservation Organisation) for construction of pedestrian bridges. Consequently, the Bank has constructed 15 bridges in as many villages in six districts, providing better connectivity to over 1,500 villagers.

Providing Affordable Healthcare

ICICI Foundation is committed to augmenting the healthcare infrastructure at the grassroots level in our country. Its initiatives during fiscal 2022 included:

Donating Oxygen Concentrators

ICICI Foundation donated 1,800 high quality oxygen concentrators to 700 sub-divisional hospitals in 175 districts across 17 states. The Foundation has procured these machines from reputed manufacturers and equipped them with power back-up systems so that the machines can continue uninterrupted even in case of a power breakdown.

Providing Dialysis Machines

ICICI Foundation has been working consistently to make dialysis affordable and accessible to kidney patients across India, particularly in smaller cities. During fiscal 2022, it donated over 300 dialysis machines across 16 states, where patients can avail treatment at a nominal or no cost.