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Csr in Icici Bank

  • Date Submitted: 08/15/2010 07:34 AM
  • Flesch-Kincaid Score: 34.6 
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ICICI Bank
ICICI Bank , India’s second largest bank, offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised subsidiaries in the areas of investment banking, life and non-life insurance, venture capital and asset management. The Bank currently has subsidiaries in the United Kingdom, Russia and Canada, branches in United States, Singapore, Bahrain, Hong Kong, Sri Lanka, Qatar and Dubai International Finance Centre and representative offices in United Arab Emirates, China, South Africa, Bangladesh, Thailand, Malaysia and Indonesia. Our UK subsidiary has established branches in Belgium and Germany.

ICICI Bank's equity shares are listed in India on Bombay Stock Exchange and the National Stock Exchange of India Limited and its American Depositary Receipts (ADRs) are listed on the New York Stock Exchange (NYSE).
It has a total assets of Rs. 3,634.00 billion (US$ 81 billion) at March 31, 2010 and profit after tax Rs. 40.25 billion (US$ 896 million) for the year ended March 31, 2010. The Bank has a network of 2,016 branches and about 5,219 ATMs in India and presence in 18 countries
The stakeholders for ICICI bank are:
  * Customers - Retail, HNI, HUF, Corporate, Financial Institutions, Trusts
  * Shareholders - Existing and prospective investors
  * The Board of directors
  * Regulators, Credit rating agencies
  * Employees - Existing and prospective,
  * Government - Central and states
  * Vendors - Suppliers, Service providers, Creditors
  * Society and Environment

The ICICI Group believes that inclusive growth is essential to the sustainable and healthy growth of the economy.The ICICI Group is committed to create conditions for the empowerment of low-income Indians and to facilitate inclusive growth. For this reason, ICICI group decided to contribute 1.0% of its annual profits towards Corporate Social responsibility by forming the ICICI...

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