The primary purpose of the Bank’s CSR philosophy is to make a meaningful and measurable impact to the lives of economically, physically and socially challenged communities of the country through an integrated approach of development which focuses on creating sustainable livelihood, promoting education and skills development, creating awareness amongst public at large on public interest topics including financial literacy, facilitating and providing access to formal banking channels for un-banked sections of the society, promoting environmental sustainability, and supporting health and sanitation initiatives.
Towards achieving the said objectives, the Bank’s CSR activities shall be carried out either through direct program implementation by the Bank or its implementation partners, through ABF, or through implementation partners, or by making direct contributions to any Schedule VII Fund, set up by the Government, as it may deem suitable. The CSR Committee is the nodal agency which guides the Bank in implementation of the CSR Projects. The roles and responsibilities of the CSR Committee has been set out in its Charter, which is reviewed and approved by the Board of Directors of the Bank.
