The event highlights the termination of 782 ICICI Bank employees allegedly without due process. The incident, which has even led to suicides among former employees, raises serious concerns regarding the bank's labor practices and its treatment of workers.

Multiple former ICICI Bank employees have approached regional labour offices alleging illegal termination across cities including Kota, Mumbai, and others. Local authorities have initiated conciliation proceedings, raising serious concerns about the bank's labor practices and adherence to fair employment standards.

ICICI Bank UK has released a comprehensive statement outlining its policies to combat modern slavery and human trafficking. The statement details mandatory employee training, supplier due diligence, and robust guidelines to ensure compliance with anti-slavery laws, reflecting a strong commitment to human rights and ethical practices.

ICICI Bank has released a comprehensive statement outlining its policies to combat modern slavery and human trafficking. The policy details robust supplier due diligence measures, mandatory employee training, equal opportunity practices, and clear whistleblowing protections, in compliance with the Modern Slavery Act. This initiative underscores the bank’s commitment to ethical business practices and protecting human rights across its operations and supply chain.

ICICI Bank UK Plc, a subsidiary of ICICI Bank Limited, issued a detailed policy statement addressing modern slavery and human trafficking. The statement outlines robust measures including mandatory anti-slavery training for employees, a well-established whistleblowing policy, and rigorous supplier due diligence to ensure compliance with the Modern Slavery Act 2015.

ICICI Bank's top management is summoned by the Labour Ministry for a joint discussion on alleged unlawful termination of staff without adherence to proper procedures, raising serious concerns over labor rights and fair treatment of employees.

Regulatory action by Sebi highlights ICICI Bank's overly aggressive outreach tactics to influence shareholder votes on the delisting of its subsidiary, I-Sec, raising serious concerns about conflict of interest and unethical lobbying practices that may indirectly support authoritarian corporate behavior.

ICICI Bank is accused of contacting minority shareholders of its subsidiary, ICICI Securities, to sway their vote in favor of a delisting proposal. This alleged behavior raises serious questions about the bank's ethical business practices and its approach to corporate governance, potentially undermining market transparency and fairness.

ICICI Bank has published detailed business ethics and policies on its website, outlining a robust Group Code of Ethics and Conduct, anti-bribery, anti-corruption, anti-money laundering, and fair labor practices. These policies emphasize professional conduct, regulatory compliance, non-discrimination, and respect for human rights across employee and vendor interactions.