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ICICI Bank honours winners of Swachh Society Awards

December 02, 2016

  • Honourable Chief Minister of Maharashtra handed over the awards to the winners

  • Over 7,000 residential societies in the Mumbai Metropolitan Region participated in the unique contest that spanned over 50 days


Mumbai: ICICI Bank, India’s largest private bank by consolidated assets, today announced the winners of Swachh Society Awards, a unique contest to recognise and reward clean and green residential housing societies in the Mumbai Metropolitan Region (MMR).


The Honourable Chief Minister of Maharashtra, Shri Devendra Fadnavis presented the awards to the winners at an event at ICICI Bank’s corporate office at Bandra Kurla Complex in Mumbai. The awards were given to societies for their exemplary efforts on energy conservation, rainwater harvesting, waste management and adoption of clean-green technology, among others.


ICICI Bank launched the ‘Swachh Society Awards’ in July this year with the objective of sustaining the spirit of the ‘Swachh Bharat Abhiyan’ as well as recognising and celebrating excellence in cleanliness and safety and adoption of green technology in housing societies. It was open for all residential societies registered with the Municipal Corporations of Greater Mumbai, Thane, Kalyan-Dombivli, Ulhasnagar, Bhiwandi-Nizampur, Navi Mumbai, Mira- Bhayandar and Vasai-Virar; and Municipal Councils of Ambernath and Panvel, and Localities of Kharghar and Kalamboli.


Speaking at the event, Ms. Chanda Kochhar, MD & CEO, ICICI Bank, said: “The ICICI Group has been engaged in nation-building since our foundation in 1955. Taking forward this rich tradition, we commenced our participation in the Swachh Bharat Abhiyan in 2014, shortly after it was launched by the Honourable Prime Minister. The Swachh Society Awards were born out of our belief that we must catalyse the participation of more and more people in this mission to truly make it successful and sustainable. Today, we were delighted to have the Honourable Chief Minister of Maharashtra Shri Devendra Fadnavis grace the occasion as the Awards were presented to representatives of housing societies from across the Mumbai Metropolitan Region in recognition of their exemplary efforts towards a clean and green India.”


The Vijaynagar Co-operative Housing Society Limited, Andheri East received the top honour, the Mega Award – Gold, while the Mega Award - Silver went to Thane-based Anand Kores Towers Co-operative Housing Society Limited. The Mega Award - Bronze award went to the Ashok Tower Co-operative Housing Society Limited, Parel. The winning societies were awarded cash prizes of Rs. 15 lakh, Rs 5 lakh and Rs 2 lakh respectively. Sealine Co-operative Housing Society Limited in Khar West was presented with the Clean Crusader Innovation award for implementing novel ideas in its society and was also awarded Rs. 2 lakh. Total cash prizes of over Rs. 30 lakh were awarded across categories. The winners will use these monies towards building infrastructure for clean, green and safe societies.


The Swachh Society Awards ceremony was attended by its programme partners namely, Thyrocare, Whaters, Care 24 and Club Mahindra.


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$ 144.7 billion at September 30, 2016. 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.


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.


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