ICICI Group employees, cos donate Rs 12 crore to PM Relief Fund

MUMBAI: Employees and Group companies of India's top private lender ICICI Bank have contributed Rs 12 crore to help rebuild the lives of people affected by natural calamities in Jammu and Kashmir, Assam, Meghalaya and Andhra Pradesh in the last couple of months.

"Our hearts go out to the bereaved families and those who have been displaced from their homes due to the tragic natural calamities," ICICI Bank Managing Director and Chief Executive Chanda Kochhar said.

The ICICI Group has donated the amount to the Prime Minister's National Relief Fund.

It comprises contributions from salaries of employees of ICICI Bank, ICICI Prudential Life Insurance, ICICI Lombard General Insurance, ICICI Prudential Asset Management, ICICI Venture, ICICI Securities, ICICI Securities Primary Dealership and ICICI Foundation, as well as the companies themselves, a bank statement said here.

Over the past two months, Jammu and Kashmir, Assam and Meghalaya were ravaged by floods, while coastal Andhra Pradesh was battered by cyclone 'Hudhud'.

The calamities resulted in the death of many people, rendered scores homeless and caused financial losses in form of damage to infrastructure facilities.