CORPORATE SOCIAL RESPONSIBILITY IN INDIAN BANKING INDUSTRY: STUDY ON ATTEMPTS OF HDFC BANK
DOI:
https://doi.org/10.29121/granthaalayah.v4.i8.2016.2564Keywords:
CSR, Banks, Financial InstitutionsAbstract [English]
This paper is the study about the Corporate Social Responsibilities of the banking industry in India. Social Responsibility of business refers to what a business does over and above the statutory requirement for the benefit of the society. The word “responsibility” emphasizes that the business has some moral obligations towards the society. Corporate Social Responsibility also called Corporate Conscience or Responsible Business is a form of corporate self-regulation integrated into a business model. The paper is based on secondary data. Now-a-days CSR has been assuming greater importance in the corporate world including financial institutions and banking sector. Banks and other financial institutions start promoting environment friendly and socially responsible lending and investment practices. The paper consists of key areas of 6 banks and a case study on HDFC Bank.
Downloads
References
Sustainability Report 2014-15 HDFC Bank
CSR Note for website of Bank of India
Namrata Singh, Dr.Rajlaxmi Srivastava and Dr. Rajni Rastogi,(2015) Lighting the Lamp of Education: Role of Indian Banking Sector towards the Corporate Social Responsibility in achieving Development Goals (International Journal of Multidisciplinary and Current Research ISSN: 2321-3124)
Sarita Moharana,(2013) Corporate Social Responsibility: A Study of Selected Public Sector Banks in India DOI: https://doi.org/10.9790/487X-1540109
Websites of different banks
Agrawal, Sanjaoy K,” Corporate Social Responsibility in India “(2008) Response Business Book from Sage, Sage Publications, New Delhi.
Baxi, C V & Prasad Ajit (Ed) (2005), Corporate Social Responsibility-Concept and Cases, New Delhi, Excell Books.
Bihari, Suresh Chandra and Pradhan ,Sudeepta(2011),CSR and performance :The story of Banks in India .Journal of Transational Management16(1),20-35 DOI: https://doi.org/10.1080/15475778.2011.549807
B lowfield, Michael &Murray Alan (2008), corporate responsibility –a critical introduction, Great Clarendon street, Oxford University Press.
Chaudhury SK, DAS SK & Sahoo PK ,”Practices of Corporate Social Responsibility (CSR) in Banking Sector in India: An Assessment”, Research Journal of Economics Business and ICT:76-81
Downloads
Published
How to Cite
Issue
Section
License
With the licence CC-BY, authors retain the copyright, allowing anyone to download, reuse, re-print, modify, distribute, and/or copy their contribution. The work must be properly attributed to its author.
It is not necessary to ask for further permission from the author or journal board.
This journal provides immediate open access to its content on the principle that making research freely available to the public supports a greater global exchange of knowledge.
