Csr in Inidan Banking Sector
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Corporate Social Responsibility in Indian Banking Sector
A Case Study on
Corporate Social Responsibility in Indian Banking Sector
Acknowledgement
I would like to thank Mr. S.C Bihari, Professor Banking Management for giving me the opportunity to work on the case and for increasing the knowledge base in the area of banking sector.
I am also thankful to sir for his guidance and constant support in enabling us to be enthusiastic in getting into depth of the topic and helping through our learning process.
Table Of contents
Acknowledgement
Abstract 1. Introduction 6 2. CSR practices in banking sector 6 3. CSR practices in Indian Banking sector 7 4.1 RBI guidelines on CSR 8 4.2 Initiatives by Indian Banks towards CSR 9 4.3 CSR Reporting Practices 10 4. CSR constraints 11 5. Recommendations 11 6. Conclusion 12
References 13
Abstract
In recent years Corporate Social Responsibility (CSR) has witnessed a tremendous increase in awareness and control in global arena. CSR emerged in 1960 in an attempt to link business with society. CSR recognizes an organization’s commitment to operate in a socially responsible manner. It is a concept where financial institutions apart from their profitability and growth show interest in society and environment welfare by taking the responsibility of impact of their activities on stakeholders, employees, shareholders, customers, suppliers, and civil society represented by NGOs.
With the increasing need for economic development across the globe, the demand for corporations to take central role in the efforts to eliminate poverty, achieve equitable and accountable systems of governance and ensure environmental security. The concerns of need to make business a
Corporate Social Responsibility in Indian Banking Sector
A Case Study on
Corporate Social Responsibility in Indian Banking Sector
Acknowledgement
I would like to thank Mr. S.C Bihari, Professor Banking Management for giving me the opportunity to work on the case and for increasing the knowledge base in the area of banking sector.
I am also thankful to sir for his guidance and constant support in enabling us to be enthusiastic in getting into depth of the topic and helping through our learning process.
Table Of contents
Acknowledgement
Abstract 1. Introduction 6 2. CSR practices in banking sector 6 3. CSR practices in Indian Banking sector 7 4.1 RBI guidelines on CSR 8 4.2 Initiatives by Indian Banks towards CSR 9 4.3 CSR Reporting Practices 10 4. CSR constraints 11 5. Recommendations 11 6. Conclusion 12
References 13
Abstract
In recent years Corporate Social Responsibility (CSR) has witnessed a tremendous increase in awareness and control in global arena. CSR emerged in 1960 in an attempt to link business with society. CSR recognizes an organization’s commitment to operate in a socially responsible manner. It is a concept where financial institutions apart from their profitability and growth show interest in society and environment welfare by taking the responsibility of impact of their activities on stakeholders, employees, shareholders, customers, suppliers, and civil society represented by NGOs.
With the increasing need for economic development across the globe, the demand for corporations to take central role in the efforts to eliminate poverty, achieve equitable and accountable systems of governance and ensure environmental security. The concerns of need to make business a
References: * Nishi Sharma - (IJAEBM) INTERNATIONAL JOURNAL OF ADVANCED ECONOMICS AND BUSINESS MANAGEMENT Vol No. 1, Issue No. 2, 058 – 066 * http://www.scribd.com/doc/19779226/CSR-PROGRAM-IN-BANKING-SECTOR-AN-INDIAN-PERSPECTIVE * Karmayog Report (2009), http://www.karmayog.org/csr2009/ * http://en.wikipedia.org/wiki/Reserve_Bank_of_India * http://en.wikipedia.org/wiki/Corporate_social_responsibility