ICICI Bank financial assistance to armed forces

ICICI Bank has committed a financial assistance of Rs.10 crore to the Indian Armed Forces. The contribution, payable in two equal tranches this year and next year, will be utilised towards welfare activities and betterment of the families of ex-servicemen who have lost their lives guarding the nation, the bank said in a statement. Chanda Kochhar, MD & CEO, ICICI Bank, handed over a cheque worth Rs. 5 crore to Defence Minister Nirmala Sitharaman at a function in the Ministry.