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ICICI Bank stands with the people of Assam

July 07, 2022

Guwahati: ICICI Bank today announced that it has extended relief and assistance to the flood affected people in Assam.


In consultation with the Assam State Disaster Management Authority (ASDMA), the Bank has distributed essential food and non-food supplies worth Rs. 2 crore in the nine districts severely impacted by the flood. These districts are Cachar, Nagaon, Dima Hasao, Morigaon, Barpeta, Nalbari, Bajali, Goalpara and Dhubri. ICICI Bank has provided essential food supplies like rice, pulses, mustard oil and puffed rice, and other items like kitchen utensils. The Bank has also provided Galvanised Iron (GI) sheets for re-construction of roofs of damaged houses. The combined efforts of these initiatives have supported over 13,000 families.


In collaboration with the district administrations, ICICI Bank has also supported the flood affected areas by providing 4,450 kgs of bleaching powder, around 2,700 litres phenyl, 3,000 strips of chlorine tablets and 100 numbers of spray machines.


In addition, ICICI Bank has been working with Bodoland Territorial Council to provide medical facilities to the flood affected people in the district. In this effort, ICICI has provided two Mobile Medical Units (MMU) worth Rs. 60 lakh for conducting OPD clinics at remote locations and taking the patients to district hospitals. These MMUs are equipped with a doctor and other medical staff, oxygen cylinder and ventilator.


These relief activities have been implemented through ICICI Foundation for Inclusive Growth, the CSR arm of ICICI Group.


Speaking on the initiative, Mr. Avijit Saha, President- ICICI Foundation for Inclusive Growth said, “Our thoughts and prayers are with the people of Assam in this hour of need. We are committed to assist the people of Assam and give them a helping hand to recover from this natural calamity through our humble initiatives.”


For news and updates, visit www.icicibank.com and follow us on Twitter at www.twitter.com/ICICIBank


For media queries, write to: corporate.communications@icicibank.com


About ICICI Bank: ICICI Bank Ltd (BSE: ICICIBANK, NSE: ICICIBANK and NYSE:IBN) is a leading private sector bank in India. The Bank’s total assets stood at ₹ 14,11,298 crore at March 31, 2022.


Certain statements in this release relating to a future period of time (including inter alia concerning our future business plans or growth prospect s) are forward - looking statements intended to qualify for the 'safe harbor' under applicable securities laws including the US Private Securities Litigation Reform Act of 1995. Such forward - looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward - looking statements. These risks and uncertainties include, but are not limited to statutory and regulatory changes, international economic and business conditions; political or economic instability in the jurisdictions where we have operations, increase in non - performing loans, unanticipated changes in interest rates, foreign exchange rates, equity prices or other rates or prices, our growth and expansion in business, the adequacy of our allowance for credit losses, the actual growth in demand for banking products and services, investment income, cash flow projections, our exposure to market risks, changes in India’s sovereign rating, as well as other risks detailed in the reports fi led by us with the United States Securities and Exchange Commission. Any forward looking statements contained herein are based on assumptions that we believe to be reasonable as of the date of this release. ICICI Bank undertakes no obligation to update forward - looking statements to reflect events or circumstances after the date thereof. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov

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