ICICI Bank 2015 Annual Report Download - page 55

53Annual Report 2014-2015
GREEN INITIATIVES IN CORPORATE GOVERNANCE
In line with the ‘Green Initiative’ since the last four years, the Bank has effected electronic delivery of Notice of Annual
General Meeting and Annual Report to those shareholders whose email ids were registered with the respective
Depository Participants and downloaded from the depositories viz. National Securities Depository Limited/Central
Depository Services (India) Limited. The Companies Act, 2013 and the underlying rules as well as Clause 32 of the Listing
Agreement permit the dissemination of financial statements in electronic mode to the shareholders. Your Directors
are thankful to the shareholders for actively participating in the Green Initiative and seek your continued support for
implementation of the green initiative.
DIRECTORS’ RESPONSIBILITY STATEMENT
The Directors confirm:
1. that in the preparation of the annual accounts, the applicable accounting standards had been followed along with
proper explanation relating to material departures;
2. that they have selected such accounting policies and applied them consistently and made judgements and estimates
that are reasonable and prudent, so as to give a true and fair view of the state of affairs of the company at the end
of the financial year and of the profit of the company for that period;
3. that they have taken proper and sufficient care for the maintenance of adequate accounting records, in accordance
with the provisions of the Banking Regulation Act, 1949 and the Companies Act, 2013 for safeguarding the assets of
the Bank and for preventing and detecting fraud and other irregularities;
4. that they have prepared the annual accounts on a going concern basis;
5. that they have laid down internal financial controls to be followed by the Bank and that such internal financial
controls are adequate and were operating effectively; and
6. that they have devised proper systems to ensure compliance with the provisions of all applicable laws and that such
systems were adequate and operating effectively.
ACKNOWLEDGEMENTS
ICICI Bank is grateful to the Government of India, RBI, SEBI, IRDA and overseas regulators for their continued co-
operation, support and guidance. ICICI Bank wishes to thank its investors, the domestic and international banking
community, rating agencies and stock exchanges for their support.
ICICI Bank would like to take this opportunity to express sincere thanks to its valued clients and customers for their
continued patronage. The Directors express their deep sense of appreciation of all the employees, whose outstanding
professionalism, commitment and initiative has made the organisation’s growth and success possible and continues to
drive its progress. Finally, the Directors wish to express their gratitude to the Members for their trust and support.
For and on behalf of the Board
K. V. Kamath
May 22, 2015 Chairman
Compliance with the Group Code of Business Conduct and Ethics
I confirm that all Directors and members of the senior management have affirmed compliance with Group Code of
Business Conduct and Ethics for the year ended March 31, 2015.
Chanda Kochhar
Managing Director & CEO
May 22, 2015