HDFC Bank Ltd.

HDFC Bank’s social sector spending rise18.06 per cent to Rs 634.91 crore in FY21 from Rs 535.31 crore in the preceding year. The 18.06 per cent growth in its corporate social responsibility (CSR) spends was faster than the 16.80 per cent jump in its consolidated net profit. Entities above a certain threshold are mandated to spend at least 2 per cent of the average net profits of the immediately preceding three years on CSR activities.

The spend in the pandemic-hit FY21 included Rs 110 crore allocated towards COVID-19 relief efforts. Its interventions under the 'Parivartan' initiative impacted 8.5 crore lives across the country.

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.