CSR Funds in Banking Sector As An Effective Means For Financial Inclusion Initiatives in India 756999930
CSR Funds in Banking Sector As An Effective Means For Financial Inclusion Initiatives in India 756999930
CSR Funds in Banking Sector As An Effective Means For Financial Inclusion Initiatives in India 756999930
Current CSR
Expenditure
123 crores (1% of
its net profit for
CSR activities)
Figure 1: CSR initiatives by State Bank of India [Source SBI annual reports 2012-13]
HDFC Bank: HDFC bank is engaged in various CSR
initiatives in the area of financial inclusion through
differentiated products and services and taking banking
to unbanked parts of the country. In addition, bank also
supports local communities by providing them with
livelihood opportunities and by conducting social
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awareness campaigns.
Current CSR Initiatives
Sustainable Livelihood
Initiative (SLI)
Grameen Loans
Kisan Gold Card
Community Engagement
Educational Crisis
Scholarship Support
(ECSS) Program
Current CSR
Expenditure
0.58% of our
profit after tax
Current CSR
Expenditure
1.4% of its profit
after tax
Current CSR
Expenditure
324.43 Lakhs
.This constituted
0.07% of Profit
after Tax.
References:
Current CSR
Expenditure
699.74 Lakh
1.
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