Student of ICICI Rural Livelihood Programme attending ‘Dress Designing for Women’ course at Khatav village in Sangli district, Maharashtra
Promoting
Inclusive Growth
At ICICI Bank, promoting inclusive growth of all Indians is an integral part of our growth agenda. Our objective is to pro-actively support and catalyse meaningful socio-economic development in India. We endeavour to build our villages as self-sustaining ecosystems and to enable a large number of people from underprivileged and marginalised sections of society, across the country, to participate in and benefit from India’s economic progress.
We believe that empowering women to become economically independent and self-reliant is imperative for building a sustainable future for India and for creating a just social system. Driven by this belief, the Bank’s inclusive growth initiatives are designed and customised to help the underprivileged people to earn sustainable livelihoods by promoting entrepreneurship and providing access to employment opportunities.
Since inception, we have undertaken multifarious pioneering initiatives that have furthered the socio-economic development of the underprivileged and marginalised sections of society, by involving stakeholders within the Bank and the broader community. Our concerted interventions and programmes for promoting inclusive growth have transformed the lives of lakhs of Indians over the years.
ICICI Foundation for Inclusive Growth
At the turn of the century, ICICI Bank set up the ‘Social Initiatives Group’ within the Bank with a view to bring our multiple social programmes and initiatives under a common umbrella and to facilitate operations at scale. This internal, not-for-profit group did exceptional work in the areas of primary health, elementary education and financial inclusion across the country.
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Vision of ICICI Foundation for Inclusive Growth
To be a leading institution for the promotion of inclusive growth in India by contributing to the key enablers required for widespread participation in economic opportunities in the country.
Timeline
Till March 31, 2020, ICICI Foundation for Inclusive Growth has positively impacted over 5.2 lakh lives through its skill development initiatives.
- ICICI Academy for Skills
- ICICI Foundation Rural Livelihood Programme
- ICICI Rural Self Employment Training Institutes
- Disaster Relief
- Facilitating Participation of Employees and Customers in Social Initiatives
ICICI Academy for Skills is the flagship initiative of ICICI Foundation. It aims at addressing identified skill gaps in urban India and providing sustainable employment opportunities to the underprivileged youth. From its first centre that was established in Jaipur in 2013, it has grown to 27 centres across 19 states and one union territory.
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ICICI Bank takes a holistic approach to the socioeconomic development of rural India and aims at addressing various challenges faced by the country’s rural population. ICICI Foundation Rural Livelihood Programme was launched in 2017 after a successful pilot in Akodara village in Gujarat. Since then, the initiative has been significantly enlarged and enhanced.
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Rural Self Employment Training Institutes (RSETIs) are set up by banks to provide vocational training to rural youth from marginalised communities as part of a national programme initiated by the Ministry of Rural Development (MORD), Government of India. On behalf of ICICI Bank, ICICI Foundation manages two residential ICICI RSETIs in Rajasthan at Udaipur and Jodhpur, and their 19 satellite centres in these two districts, since March 2011.
Explore More ICICI Group always partnered the nation - in times of progress and in times of distress. We have highlighted a few initiatives that we took to stand by the nation recently.
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ICICI Bank, through ICICI Foundation, actively supports and facilitates the involvement of its employees and customers in various social initiatives. Some of our flagship activities include organising blood donation camps, ‘Daan Utsav’ and ‘Kaushal Utsav’ through the year.
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