CSR Practices: Public and Private sector banks in India

PARTHIBAN R, AISWARYA S SAJEEV, DINESH KUMAR R

Abstract: Corporate Social Responsibility (CSR) has gained an exceptional significance and had become integral part of strategic decision making. Corporations have realized that Government alone will no longer be capable of accomplishing its undertaking to uplift the society. India was the first country to quantify CSR and make it a mandate. Therefore, RBI the Central Bank of India has made it mandatory for every commercial bank operating in India to contribute to CSR. This study aims to analyze the public and private sector banks CSR and their trends of CSR spending post 2013 to 2018 in India and made an attempt to forecast the future CSR spending’s of the selected banks through least square method technique of forecasting. The data has been collected from the annual reports, CSR reports and official websites of the bank.

Keywords: Corporate Social Responsibility, CSR practices, CSR performances, CSR spending, CSR in banks, CSR India.

Title: CSR Practices: Public and Private sector banks in India

Author: PARTHIBAN R, AISWARYA S SAJEEV, DINESH KUMAR R

International Journal of Interdisciplinary Research and Innovations

ISSN 2348-1218 (print), ISSN 2348-1226 (online)

Research Publish Journals

Vol. 6, Issue 4, October 2018 – December 2018

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CSR Practices: Public and Private sector banks in India by PARTHIBAN R, AISWARYA S SAJEEV, DINESH KUMAR R