-9.15 (-0.98%) HDFC Bank has spent Rs 443.80 crore on corporate social responsibility (CSR) in fiscal year ending March 2019 (FY19). The expenditure was 20 per cent higher than the previous year. Bank is taking a holistic approach to its responsibility towards the community, through an initiative called ‘Parivartan’.
It has positively impacted 5 crore lives through the initiative. It has collected over 1 million units of blood, constructed or refurbished nearly 7,000 sanitation units in school, trained 7.6 lakh women in self-help groups and provided 21,000 renewable energy units, among others.
HDFC Bank is one of India’s premier banks providing a wide range of financial products and services using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking.