loading-image Financial Inclusion- CSR Projects India
 

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CSR Project By:  ICICI Bank Ltd

Project Budget: INR 113.70 Cr


Financial Inclusion

Project

Financial Inclusion  (2014-15)

 
 
Project Sector  : Education, Employability and Livelihoods Enhancement
 
 
Implementing Partners:  Direct Implementation
 
 

Project Description

ICICI Group has been engaged in a systematic effort to address the challenges of access to finance. Significant milestones in this journey include the creation of the Social Initiatives Group within ICICI Bank, which made universal access to finance a core part of its agenda; the acquisition of Bank of Madura with its more than 100 rural branches; and the investments in National commodities and Derivatives Exchange (NCDEX) and Financial Information Network and Operations (FINO). 

ICICI Lombard General Insurance Company launched India’s first index-based insurance to protect farmers from weather-related risks. Through a transparent and easy to administer rainfall-index, ICICI Lombard General Insurance Company reduced transaction costs, enabled quick pay-outs and made insurance and its benefits more accessible to small and marginal farmers. 

 
 
Project Location:   pan india-pan india,
 
 

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