CSR Dashboard

Tag: #IndiaBanking

  • ICICI Bank CSR spending surges to Rs 994 crore in FY26

    ICICI Bank CSR spending surges to Rs 994 crore in FY26

    ICICI Bank’s CSR spending surged to Rs 994 crore in fiscal 2026, up from Rs 801 crore a year earlier, as the lender’s philanthropic arm impacted over 1.98 crore lives across India, the bank said in its ESG report for the year.

    The bank’s CSR arm, ICICI Foundation for Inclusive Growth, has reached the milestone through initiatives till March 31, 2026, ICICI Bank said in a statement.

    ICICI Bank’s outstanding sustainable financing portfolio stood at Rs 99,385 crore at the end of March 2026, up from Rs 90,624 crore a year earlier, of which green financing accounted for Rs 30,704 crore, the bank said. Its forest conservation initiatives now span 83 forests and tiger reserves across 21 states, alongside the planting of 86,600 trees and the creation of 49 crore litres of water storage capacity during the year, while Scope 1 emissions were cut by 32%, it added.

    “We significantly scaled up our CSR initiatives across the four thematic areas of healthcare, conservation of environment and restoration of ecology, livelihood enhancement and community development, with a focus on capacity creation and developing ecosystems,” said Sandeep Batra, Executive Director, ICICI Bank.

    Healthcare remained the bank’s largest area of focus during the year, with the Foundation’s interventions benefitting 5 lakh individuals in fiscal 2026 and 30 lakh individuals through 600 hospitals since 2020, the bank said.

    It has committed Rs 1,800 crore to Tata Memorial Centre for three new cancer care blocks in Visakhapatnam, Navi Mumbai and Punjab, and partnered with the Indian Institute of Science, Bengaluru, for a cancer research centre.

    On skilling, the Foundation’s livelihood and training programmes benefitted 3.54 lakh individuals in fiscal 2026, taking the cumulative number to 94.5 lakh since inception, the bank said, adding that it has set up a manufacturing facility at IIT Delhi and is upgrading nine National Skill Training Institutes with advanced Industry 4.0 laboratories.

    The bank has empowered over 1.2 crore women through Self-Help Group loans exceeding Rs 35,500 crore since 2011, with 8.9 lakh women benefitting in fiscal 2026 alone, it said.

  • Bank of Baroda donates Rs 1.20 crore for Assam flood relief

    Bank of Baroda donates Rs 1.20 crore for Assam flood relief

    Bank of Baroda on Wednesday donated Rs 1.20 crore to the Chief Minister’s Relief Fund, Assam, boosting relief and rehabilitation efforts for communities hit by recent floods in the state.

    The cheque was presented to Assam Chief Minister Himanta Biswa Sarma at the Chief Minister’s Office in Guwahati by Nayak Shiba Pada, General Manager and Zonal Head, Northeastern States Zone, Bank of Baroda.

    MLA Naba Doley, along with Deputy General Managers Biswajit Swain and Sandeep Kumar of Bank of Baroda’s Northeastern States Zone, also attended the event.

    “At Bank of Baroda, we believe that our responsibility extends beyond banking. In times of adversity, it is our collective duty to stand with the communities we serve,” Pada said, adding that the contribution reflects the bank’s commitment to helping affected families rebuild their lives.

    The donation forms part of Bank of Baroda’s broader efforts to support relief and rehabilitation initiatives in regions hit by natural disasters, the bank said, adding it continues to work with governments and local administrations to strengthen community resilience.

    Bank of Baroda, founded in 1908, is majority owned by the Government of India with a 63.97% stake. It serves close to 180 million customers through roughly 65,000 touch points across 15 countries.