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ETHICS AUDIT MAPPING OF

ICICI BANK

GROUP MEMBERS (GR 5)

SUJOY DEB (08dm078)


RISHITA GUHA (09DM001)
ANIRBAN GHOSH (09DM002)
RAJIB BOSE (09DM006)
TANIA DAS (09DM010)
SANDEEP GUPTA (09DM012)
HARVINDER SINGH (09DM014)
INTRODUCTION
 Ethics (also known as moral philosophy) is a branch of philosophy which seeks to
address questions about morality; that is, about concepts such as good and bad, the
noble and the ignoble, right and wrong, justice, and virtue.

 Purpose of an Ethics Audit

 Identify pertinent ethical issues in their practice settings


 Review and assess the adequacy of their current practices.
 Design a practical strategy to modify current practices as needed.
 Monitor the implementation of this quality assurance strategy
BANK PROFILE
 Second largest bank with an total asset worth 77 billion U.S.D
.
 1694 Branches + 4883 ATM all over India .
 Present in 18 countries.
 Listed in BSE and NSE and also procures funding by ADR in
NYSE.
 Mr. K.V. Kamath is the chairman.
 ICICI Bank became the first commercial bank from India to
list its stock on NYSE.
 Ms Chanda Kochhar takes charge as the Managing Director &
CEO of ICICI Bank from May 1, 2009
ETHICAL STANDARD FOLLOWED
BY ICICI
o ICICI Group expects all its employees, officers and Directors to act in accordance
with high professional and ethical standards.

o You must conduct your duties according to the language and spirit of this Code and
seek to avoid even the appearance of improper behavior.

o Conflicts of interest can occur if our business practices sacrifice interests of one set
of customers in favor of another or place business interests ahead of customers.

o If aware of any circumstances which you think may give rise to a conflict of any
kind, or become aware of information which places you in difficulty in carrying
out your function (for example, if you obtain confidential information about a
company), you must handle the same as per the conflict of interest policy
applicable to your Company.
CSR ACTIVITIES
 ICICI centre for child health and nutrition.

 ICICI center for elementary education

 Environmentally sustainable finance


CSR ACTIVITIES

• IFMR FINANCE FOUNDATION

• CSO’s PARTNER
UNETHICAL ISSUES

Suicide case

Customer being hit by guard


UNETHICAL ISSUES

 Fraud by the employees- 18th jan 2010

 Icici bank charged with rs2.2 lakhs by hk court-april


12 , 2007

 Interest on home loans & freebies

 No quarterly/annual account statements


conclusion
After doing the ethical audit of the bank we found that there
are many legal cases against the bank but there are also many
things done by bank which is ethical in nature and very helpful
to the society and which makes icici bank no:1 in private
sector.
THANK YOU!!!

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