A STUDY ON CORPORATE SOCIAL RESPONSIBILITY IN INDIAN BANKING SECTOR

Abstract

This paper looks at how Indian banks handle their social responsibilities. Corporate social responsibility is an important part of a business model that is self-regulating. Corporate social responsibility is an important tool that gives Indian banks a competitive edge and helps them build a better reputation. Corporate Social Responsibility (CSR) is a way for businesses to help society grow and develop. Public and private sector banks spend their CSR money on things like healthcare, getting rid of hunger and poverty, education, empowering women, protecting the environment, training and development, disaster and relief management, and so on. The paper is based on both first-hand and second-hand data from the annual reports of banks from 2016 to 2019. CSR is becoming more important in the banking industry these days. The paper looks at three public banks and three private banks and their most important areas. Corporate social responsibility, Indian banks, and sustainable development are all things that go together.