Corporate Social Responsibility


PM Cares Fund

ICICI Group commits Rs 100 crore to fight COVID-19 pandemic.
April 15, 2020

ICICI Group has committed Rs. 100 crore to support the nation in its fight against the COVID-19 outbreak. Of this, the Group will contribute Rs 80 crore towards the PM CARES fund and Rs. 20 crore to various state governments and local authorities in their efforts to battle the pandemic.

ICICI Securities (I-Sec) is a proud contributory to the Group's efforts. I-Sec has partnered with the Indian Institute of Technology Kanpur as a 'Technology Development Partner', in their efforts to develop an indigenized, high-end yet affordable invasive ventilator. Under this fast tracked project, by mid-May 2020, the product is expected to be ready for market. A few prototype units have already been deployed and their performance is being monitored. We are hopeful that the project will meet the expectations of price and functionality as envisaged.

I-Sec has also provided protective equipment like sanitisers and N-95 masks to Mumbai Police and Maharashtra Police. This is our humble way to salute the heroic efforts of the people, who are at the forefront of this challenge.