Author(s) :   Aneep Agrawal¹, Dr.Vipin Mehrotra¹

Abstract :
CSR was introduced in India under The Companies Act 2013. In a developing country like India, corporate social responsibility (CSR) is vital. The impact of a company's CSR efforts on the society in which it works is significant. CSR improves a company's brand awareness and reputation in the marketplace. By mobilising deposits and lending money to other enterprises, industries, and individuals, the banking sector in India's service industry aids the country's economy. Private banks must now contribute to a fund for corporate social responsibility programmes that address a wide range of societal challenges by law, although public banks can do so on a voluntary basis. It's fascinating to watch how Indian banks have utilised CSR funds to their advantage. The CSR efforts of selected public and private Indian banks are compared in this study.

Keywords: Indian Bank, Public Bank, Private Bank, CSR, Companies Act 2013.

DOI : 10.61161/ijarcsms.v12i4.2

Pages : 16-22

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