ICICI Foundation To Donate Over 100 State-Of-The-Art Dialysis Machines

* The machines will be donated across 60 districts in 14 states

ICICI Foundation for Inclusive Growth (ICICI Foundation), the CSR arm of the ICICI Group, announced that it will donate over 100 dialysis machines to enhance the healthcare infrastructure in the country. ICICI Foundation will provide these machines to various hospitals free-of-cost. This initiative is aimed at providing affordable treatment to the lesser privileged across 60 districts in 14 states in the country.

ICICI Foundation is procuring these state-of-the-art imported machines and providing them to the identified hospitals with a four year warranty in order to ensure uninterrupted operations at the dialysis centres.

Speaking on the occasion, Mr. Saurabh Singh, President, ICICI Foundation for Inclusive Growth said, “ICICI Group has a long-standing legacy of contributing to nation-building. In line with this philosophy, ICICI Foundation has worked continuously to improve the well-being of citizens. As a step towards promoting healthcare, we are donating over 100 dialysis machines. This will make affordable dialysis treatment available for patients in towns of various districts, closer to their homes. We believe that this initiative will offer conveniences of time and cost saving for the patients, as they no longer have to travel to big cities for dialysis.”

This move is a step in the direction to augment the availability of dialysis machines across various states, where the availability of these machines is lower. This initiative is in line with the vision of ‘Pradhan Mantri National Dialysis Programme’, under the National Health Mission, for providing free dialysis services to the poor. 

About ICICI Foundation for Inclusive Growth

ICICI Foundation for Inclusive Growth (ICICI Foundation) is the CSR arm of the ICICI Group. ICICI Foundation works on promoting Inclusive Growth across the country. It focusses on developing/strengthening value chains as a part of its Rural Livelihood program. The program works on enabling sustainable livelihood at around 1,000 villages across the country with more than 3,00,000 beneficiaries till date. ICICI Academy for Skills imparts Skill development training to the underprivileged youth for employment opportunities. Over 1,55,000 youth have been trained at the 28 academies across the country. ICICI Foundation also manages the Rural Self Employment Training Institutes that provide self-employment oriented training to the rural youth. The RSETIs at Udaipur and Jodhpur have trained over 108,000 people. Overall, ICICI Foundation has trained and enabled sustainable livelihood for over 5,66,000 people. Promoting sustainable use of natural resources, nature and wildlife conservation are integrated in the programs of ICICI Foundation.

Certain statements in this release relating to a future period of time (including inter alia concerning our future business plans or growth prospect s) are forward - looking statements intended to qualify for the 'safe harbor' under applicable securities laws including the US Private Securities Litigation Reform Act of 1995. Such forward - looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward - looking statements. These risks and uncertainties include, but are not limited to statutory and regulatory changes, international economic and business conditions; political or economic instability in the jurisdictions where we have operations, increase in non - performing loans, unanticipated changes in interest rates, foreign exchange rates, equity prices or other rates or prices, our growth and expansion in business, the adequacy of our allowance for credit losses, the actual growth in demand for banking products and services, investment income, cash flow projections, our exposure to market risks, changes in India’s sovereign rating, as well as other risks detailed in the reports fi led by us with the United States Securities and Exchange Commission. Any forward looking statements contained herein are based on assumptions that we believe to be reasonable as of the date of this release. ICICI Bank undertakes no obligation to update forward - looking statements to reflect events or circumstances after the date thereof. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission.