November 04, 2024 23:51 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
US presidential election: Donald Trump ahead of Kamala Harris in swing states, poll survey predicts | 'I strongly condemn Hindu temple attack, intimidation of our diplomats': PM Modi amid Canada row | 'I strongly condemn Hindu temple attack, intimidation of our diplomats': PM Modi amid Canada row | PM Modi slams INDIA block for its silence over Sena UBT leader's sexist remark against Shaina NC | PDP member brings anti-Article 370 resolution in J&K assembly; BJP resists, CM Abdullah says only govt can do it
HDFC Bank spends Rs. 634.91 crore towards CSR in FY 2020-2021
HDFC

HDFC Bank spends Rs. 634.91 crore towards CSR in FY 2020-2021

| @indiablooms | 08 Jul 2021, 02:55 pm

New Delhi/UNI: HDFC Bank spent Rs 634.91 crore towards Parivartan, the umbrella programme for all Corporate Social Responsibility initiatives, in FY 2020-21.

Out of Rs 634.9 crore, over Rs 110 crore was allocated and utilised towards initiatives focused on Covid-19 relief.

Further, the bank’s #Parivartan has cumulatively impacted over 8.5 crore lives across India.

“As India’s largest private bank, we are humbled to have been able to make a difference in the lives of people, in a year that was difficult for many,” says Ashima Bhat, Group Head – Business Finance, Strategy, Administration, Infrastructure, ESG & CSR, HDFC Bank.

“HDFC Bank focuses on long-term sustainable initiatives that address the root cause of the problem as against any short-term relief. In a year that saw restrictions of many kinds due to Covid-19, the HDFC Bank team, including NGO partners, worked harder to remain committed to these initiatives and project goals. I want to take this opportunity to applaud them for their dedication. In the new FY, we’ll continue the work with a renewed vigour.”

The bank’s social initiatives are aligned with United Nations (UN) Sustainable Development Goals (SDGs).

The Bank’s efforts under sustainability and social change are in sync with the SDGs outlined by the UN.

The sustainability element in the Integrated Annual Report outlines the work undertaken by the Bank by engaging with the communities to work on reducing poverty, achieving zero hunger, providing clean water & sanitation, quality education, and creating sustainable cities and communities to name a few.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.