Research india publications csr practices in indian banking sector deepika dhingra 1 and rama mittal 2 1 research scholar, faculty of management studies, university of delhi (135-c pocket-c siddartha extension near ashram new delhi-110014) 2 assistant professor, jagannath. Abstract: the main purpose of the study is to analyze the corporate social responsibility (csr) activities carried out by indian commercial banks the study is based on the secondary data taken from the annual reports of the banks for the year 2009-10 to 2011-12 variables used in the study are: rural branch expansion. Whereas indian public sector banks most actively participate for alleviation of regional imbalances through initiating various activities for promotion of rural development csr researches in nepalese conte[t 7here are very few researches, almost nil related to csr practices in nepal 7he report titled ³corporate social. Issues are perception toward csr, drivers, impacts, csr practices, and csr reports besides, this paper tries to draw the general picture of csr practices in the banking secto rworldwide by doing this, we singh et al, 2013 kamayog ‟s csr rating, 2009), most of the indian banks do not mention csr on their annual. Corporate social responsibility: a study of selected public sector banks in india wwwiosrjournalsorg 3 | page review of literature: this section provides a review of the theoretical literature on csr activities in indian banking sectors howard bowen in 1953 argued that since social institutions shaped economic. Played an important role in supporting the concept of csr by passing a circular in the year 2007, december, directed banks to undertake csr initiatives for sustainable development the main purpose of the study is to analyze the corporate social responsibility (csr) activities carried out by indian banks the study is. Dusuki and dar (2005) identifies several driving forces behind the growing trend towards csr initiatives like growing market pressure on social and ethical issues , regularity pressure, increased power of communication etc  sharma (2011) in a study named csr practices and csr reporting in indian banking sector.
There has been an upsurge of socially responsible activities in the indian corporate sector in the recent past this article is an endeavor to map the corporate social responsibility (csr) practices of major players in the indian banking sector and to find out the impact of such practices on their performance and image. This study attempts to examine the relationship between corporate social responsibility and financial performance in the indian context secondary data has been collected for 28 indian commercial banks listed in bombay stock exchange (bse), for the period of 10 years (2007–16) the results indicate that csr exerts. This chapter explores the csr conceptual framework, with a particular focus on the csr policy diffusion and integration in the corporate banking in india in a nutshell, the research has threefold objectives, it explores: the dynamics of the csr conceptual development, sketching out the main contextual drivers leading to. Indian state of haryana banks are undertaking similar core csr activities focusing on education, development programmes, health, environmental protection and value-added customer services scholtens (2008) investigated csr practices (social, environmental) in international banks with a €100 using standardized.
Brought a drastic change in the csr practices in india the provision of the said act made csr activities compulsory for the certain categories of companies in india through the present study researchers have drawn a comparison of csr practices of select corporate public sector commercial banks and private sector. Benefits given by the punjab national bank to society with the help of csr policy keywords:csr practices, pnb, pnb centenary rural development trust, self -help group etc sharma (2011) has given a list of core thrust areas for reporting csr activities by the indian banks as: children welfare. Abstract the main purpose of the study is to know the status of corporate social responsibility (csr) activities in indian banking sector the study is based on the primary data, collected through a structured questionnaire variables used in the study are: problems, benefits, motivating factors for adopting csr csr activities. The csr practices have been started a long time ago but in india its speed of implementation were very slow at present there is an increasing awareness about csr, sustainable development and non-financial reporting, the credit goes to rbi in focusing the csr practices in indian banking sector, by passing a circular.
Indian industries more attractive to investors from other markets (matani and ahuja, 2010) in countries such as india, regulators have actively encouraged csr activities amongst banks but have stopped short of mandatory controls ( bihari and pradhan, 2011) other reasons for the presumed disparity in csr reporting. Social, economic and environmental betterment of society the csr in indian banking sector aimed towards addressing the financial inclusion, providing financial services to the untapped areas of the country, the socio-economic development of the country by focusing on the activities like poverty eradication, health and. Csr has come a long way in india from responsive activities to sustainable initiatives [gjhgjyl] ]flala]k `yn] [d]yjdq ]p`azal]\ l`]aj yzadalq lg eyc] y ka_faõ[yfl \a^^]j]f lg the society and improve the overall quality of life effective partnerships between foundations, industry, ngos and the government will place india's social. Giving training for teachers, education and manpower development, but increasingly some companies are turning to environmental sustainability issues possibly as a way of enhancing their image the main purpose of the study is to analyze the corporate social responsibility (csr) activities carried out by indian banks.
Pwc15 in india indicates that the practice of csr in india still remains within the philanthropic space, and that there is limited documentation or records on specific csr activities16 however, if there is a lack of clear understanding on what is considered a consistent csr activity within the banking and. Corporate social responsibility disclosure practices of public and private sector banks in india: a comparative analysis the increasing pace with which indian banks may try to catch up with their peers using corporate social responsibilit y (csr) initiatives in building relationship with its stakeholders.
In order to assess the effectiveness of this unique experiment in mandating csr spending and disclosure, we studied the reporting practices of the four largest banks by market capitalisation in india compared with banks from australia, china, and japan where there is no such law in order to do so, we. Abstract the interest in corporate social responsibility has grown considerably and so is the practice of its reporting the csr reporting is an output of sustainability accounting the aim of this study is to determine the factors of corporate social reporting of the banks in bosnia & herzegovina, croatia and montenegro and to. Corporate social responsibility (csr) is widely used concept these days, especially after companies' bill 2013 but csr activities and its strategic values in policy formulation for an industry may differ from another industry even the importance of integral components of csr is different for every industry and this is the.
Download citation | csr practices and cs | the concept of corporate social responsibility is spreading very rapidly in india in all the sectors corporate social responsibility is to contribute towards the society while working with in ethics in developing country like india, banking sector. 98 public finance quarterly ▫ 2015/1 more complex information asymmetry an- other feature of the system is that in order to ensure the stability of the banking sector, it is characterised by much stricter regulation (yamak et al, 2005) since the banking sec- tor differs from other economic sectors, its csr practices are also. Lucknow, india a comparative study of corporate social responsibility (csr) of private and public sector banks shravya saxena abstract basically, csr is the contribution of organizations towards the betterment of the society csr is an important part for all the organizations to practice with their work csr is the initiative. Banks are giving funds in opening the primary schools, giving scholarships, free books and many more practices are contributed towards the csr activities 2 objective of the study the present study aims to evaluate the role of indian banking sector in the development of the nation • to study the role of.