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Last update: 2022-11-10 11:07:43

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ICICI Bank's head office. Photo: Wikimedia Commons (CC BY 3.0)

About ICICI Bank

ICICI Bank was established in 1994 by the Industrial Credit and Investment Company of India (ICICI) and is India's third largest bank. The bank is active in personal and corporate banking, investment banking, insurances, venture capital services and asset management.

Website http://www.icicibank.com
Headquarters
ICICI Bank Tower, Near Chakli Circle, Old Padra Road, Vadodara
390 007 Gujarat
India
CEO/chair Sandeep Bakshshi
CEO
Supervisor
Reserve Bank of India
Annual report Annual report 2021-2022
Ownership
listed on Bombay Stock Exchange, National Stock Exchange of India & NYSE

ICICI Bank's shareholder structure can be accessed here.

Complaints and grievances

ICICI Bank operates a Grievance Redressal channel which can be accessed here.

Related Dodgy Deals

ICICI Bank has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.

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Policy Assessments

Banks and Human Rights

Human Rights Benchmark Asia 2022

BankLast update
Country
Score
Ranking
Details
ICICI Bank
IND
0
Laggard

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0
India
Score
Laggard
0
Explanation

ICICI Bank's human rights policies, processes and reporting were assessed as part of the BankTrack Human Rights Benchmark Asia 2022. The bank is assessed as a Laggard, with a total score of 0 out of 14.

Policy: 0/3
Due dilligence: 0/5
Reporting: 0/3
Remedy: 0/3

Explanation
Laggard
Follower
Front runner
Leader
0 - 3.5 points
4 - 5.5 points
6 - 8.5 points
9 - 14 points
For more details see this page.

Banks and Nature

Forest & Finance Policy Assessment 2022: Overall scores

BankLast update
Country
Score
Ranking
Details
ICICI Bank
2022-09-27
IND
0.2
Laggard

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0
India
Profile
Score
Laggard
0.2
20220927
Last update: 2022-09-27
Explanation

The policy assessment covers the main forest-risk commodity sectors (Beef, Palm Oil, Soy, Timber, Pulp and Paper, and Rubber). Weighted scores are based on the scope of ICICI Bank' relevant policies, taking into account different types of financing and the sectors in which the bank is active. Details about the scores per sector policy can be found on ICICI Bank' profile.

Explanation

A bank can obtain a total of 10 points for the quality of its policies. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:

Laggard
Follower
Front runner
Leader
0 - 1 points
1 - 4 points
4 - 7 points
7 - 10 points
For more details see this page.

Forest & Finance Policy Assessment 2022: Beef

BankLast update
Country
Score
Ranking
Details
ICICI Bank
2022-09-29
IND
0
Laggard

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0
India
Profile
Score
Laggard
0
20220929
Last update: 2022-09-29
Explanation

The policy assessment covers the bank's policies related to beef. Weighted scores are based on the scope of ABN AMRO's relevant policies, taking into account what types and how much finance the bank provides to companies active in the beef industry. Details of the criteria used to assess the policies and scores for other forest-risk commodity sectors can be found on Bank' profile.

Explanation

A bank can obtain a total of 10 points for the quality of its beef policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:

Laggard
Follower
Front runner
Leader
0 - 1 points
1 - 4 points
4 - 7 points
7 - 10 points
For more details see this page.

Forest & Finance Policy Assessment 2022: Palm Oil

BankLast update
Country
Score
Ranking
Details
ICICI Bank
2022-09-29
IND
0.2
Laggard

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0
India
Profile
Score
Laggard
0.2
20220929
Last update: 2022-09-29
Explanation

The policy assessment covers the bank's policies related to palm oil. Weighted scores are based on the scope of ABN AMRO's relevant policies, taking into account what types and how much finance the bank provides to companies active in the palm oil industry. Details of the criteria used to assess the policies and scores for other forest-risk commodity sectors can be found on ICICI Bank' profile.

Explanation

A bank can obtain a total of 10 points for the quality of its palm oil policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:

Laggard
Follower
Front runner
Leader
0 - 1 points
1 - 4 points
4 - 7 points
7 - 10 points
For more details see this page.

News

| |
Type:
Year:
blog
external news
our news

Mapping Garment Industry Funding in India

2022-04-06 | Fair Finance Asia, Fair Finance India
blog
external news
our news

Asian banks falling behind in implementation of UN Human Rights Principles, new BankTrack benchmark shows

New benchmark of 18 Asian banks shows human rights performance below the global average
2022-04-05 | Nijmegen | BankTrack
blog
external news
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A future without coal: banking on Asia's just energy transition

2021-11-10 | Fair Finance Asia
blog
external news
our news

Could financial sector vigilance have avoided Vizag gas leak?

India must make Environment, Social and Governance accountability mandatory so that lenders are responsible towards tax payers
2020-07-01 | Shreya Kaushik, Fair Finance India
blog
external news
our news

Massive forest fires and haze in Indonesia create public health and climate crisis

2019-09-19 | Environmental Paper Network
blog
external news
our news

India's top female banker resigns amid loan investigation

2018-10-04 | Nikkei Asian Review
blog
external news
our news

Eight banks submit bids to manage $3.2 billion Coal India stake sale

2015-11-16 | Reuters
blog
external news
our news

Sting operation reveals money laundering by top banks

2013-03-15 | The Times of India

Documents

Type:
Year:
annual reports
2022-08-09 00:00:00

Annual report 2021-2022

2022-08-09 00:00:00 | ICICI Bank
annual reports
2021-08-13 00:00:00

CSR report 2020-2021

2021-08-13 00:00:00 | ICICI Bank
annual reports
2021-07-23 00:00:00

Annual report 2020-2021

2021-07-23 00:00:00 | ICICI Bank
bank documents
2021-07-18 00:00:00

Business responsibility report 2019-2020

2021-07-18 00:00:00 | ICICI Bank
csr policies
2021-04-30 00:00:00

Corporate social responsibility policy

2021-04-30 00:00:00 | ICICI Bank
annual reports
2019-12-17 00:00:00

Annual report 2018-2019

Date listed represents date as accessed on website
2019-12-17 00:00:00 | ICICI Bank
bank documents
2019-12-17 00:00:00

Business responsiblity report 2018-2019

Date listed represents date as accessed on website
2019-12-17 00:00:00 | ICICI Bank
csr policies
2019-12-17 00:00:00

Code of business conduct and ethics

2019-12-17 00:00:00 | ICICI Bank
annual reports
2018-06-30 00:00:00

Annual report 2017-2018

2018-06-30 00:00:00 | ICICI Bank
bank documents
2018-06-30 00:00:00

Business responsibility report 2017-2018

2018-06-30 00:00:00 | ICICI Bank
annual reports
2015-04-30 00:00:00

Annual Report FY 2014

2015-04-30 00:00:00 | ICICI Bank
bank documents
2015-04-30 00:00:00

Business reponsibility report 2014

2015-04-30 00:00:00 | ICICI Bank
annual reports
2012-12-31 00:00:00

Annual Report 2012-2013

2012-12-31 00:00:00 | ICICI Bank
bank documents
2012-12-31 00:00:00

Business responsibility report 2012

2012-12-31 00:00:00 | ICICI Bank
csr policies
2008-04-30 00:00:00

Group anti-money laundering policy

2008-04-30 00:00:00 | ICICI Bank

Policies

Voluntary standards

ICICI Bank has committed itself to the following voluntary standards:

Investment policies

Year:
csr policies
2021-04-30 00:00:00

Corporate social responsibility policy

2021-04-30 00:00:00 | ICICI Bank
csr policies
2019-12-17 00:00:00

Code of business conduct and ethics

2019-12-17 00:00:00 | ICICI Bank
csr policies
2008-04-30 00:00:00

Group anti-money laundering policy

2008-04-30 00:00:00 | ICICI Bank

Good moves

Year:
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