Want us to help you with anything?
Request a Call back

This field is required Only alphabetes are allowed
This field is required Only alphabetes are allowed
Please enter valid number
Please enter valid email
Please select product type
Please enter valid pincode

Thank you for your request.

Your reference number is CRM

Our executive will contact you shortly

ICICI Bank contributes Rs.10 crore towards Kerala flood relief

August 17, 2018

Thiruvananthapuram : ICICI Bank today announced that it will contribute Rs.10 crore to aid the state government and the local authorities in their efforts to provide relief and assistance in the flood affected regions of Kerala. The majority of the contribution will be extended to the Chief Minister’s Distress Relief Fund. The Bank will also contribute to the District Collectors’ efforts in all the 14 districts of the state to help in the supply of essential commodities like clothes, food items, medicines, sanitation & hygiene products and others.


In addition, ICICI Bank has announced a slew of measures to help the flood-hit customers of the state. The Bank will waive off penalties on late payment of EMI for all retail loans—home, car and personal—for our customers in Kerala in the month of August. Also, there will be no penalty for late payment of credit card dues as well as no cheque bouncing charges for the Bank’s customers in Kerala this month.


Mr. Tom Jose, Chief Secretary, Govt. of Kerala, appreciating ICICI Bank for its efforts said, “We thank ICICI Bank for coming forward and supporting the state of Kerala in this time of need. ICICI Bank has promised to donate Rs 10 crore for the relief and rehabilitation work in the state. Of this, Rs. 8 crore will be donated to the Chief Minister’s Distress Relief Fund while Rs. 2 crore will be provided to all the 14 district administrations to help them buy relief material. In this hour of need it is important that we all stand together to help the people of Kerala.”


Commenting on the situation in the state, Mr. Anup Bagchi, Executive Director, ICICI Bank said, “Our thoughts and prayers are with the people of Kerala in these difficult times. Our hearts go out to those who have been displaced from their homes due to this natural calamity. We, at ICICI Bank, are committed to assist the people of Kerala in this hour of need and give them a helping hand, through our own initiatives as well as in partnership with the state government and district authorities.”


About ICICI Bank : ICICI Bank Ltd (NYSE:IBN) is India's largest private sector bank by consolidated assets. The Bank's consolidated total assets stood at US$ 172.5 billion at March 31, 2018. ICICI Bank's subsidiaries include India's leading private sector insurance, asset management and securities brokerage companies, and among the country's largest private equity firms. It is present across 17 countries, including India.


For media queries, write to:


Except for the historical information contained herein, statements in this release, which contain words or phrases such as 'will', 'would', etc., and similar expressions or variations of such expressions may constitute 'forward looking statements'. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to our ability to obtain statutory and regulatory approvals and to successfully implement our strategy, future levels of non-performing loans, our growth and expansion in business, the adequacy of our allowance for credit losses, technological implementation and changes, the actual growth in demand for banking products and services, investment income, cash flow projections, our exposure to market risks as well as other risks detailed in the reports filed by us with the United States Securities and Exchange Commission. ICICI Bank undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof. All reference to interest rates, penalties and other terms and conditions for any products and services described herein are correct as of the date of the release of this document and are subject to change without notice. The information in this document reflects prevailing conditions and our views as of this date, all of which is expressed without any responsibility on our part and is subject to change. In preparing this document, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources. ICICI Bank and the "I man" logo are the trademarks and property of ICICI Bank. Any reference to the time of delivery or other service levels is only indicative and should not be construed to refer to any commitment by us. The information contained in this document is directed to and for the use of the addressee only and is for the purpose of general circulation only.


pdf version