HDFC Bank Limited

HDFC Bank is one of the largest private sector banks in India. Their CSR program, Parivartan, has made a difference in the lives of people through its interventions.

About

HDFC Bank was incorporated in August 1994 in the name of HDFC Bank Limited, with its registered office in Mumbai, India. The bank commenced operations Read more as a Scheduled Commercial Bank in January 1995. On April 4, 2022 the merger of India’s largest Housing Finance Company, HDFC Limited and the largest private sector bank in India, HDFC Bank was announced. HDFC Ltd, over the last 45 years has developed one of the best product offerings making it a leader in the housing finance business. HDFC Bank enables seamless delivery of home loans as a part of its wide product suite catering to urban, semi urban and rural India. As of June 30, 2024, the Bank’s distribution network was at 8,851 branches and 21,163 ATMs / Cash Recycler Machine (Cash deposit & withdrawal) across 4,081 cities / towns. The Bank’s international operations comprises four branches in Hong Kong, Bahrain, Dubai and an IFSC Banking Unit (IBU) in Gujarat International Finance Tech City. It has five representative offices in Kenya, Abu Dhabi, Dubai, London and Singapore. The Singapore and London offices were representative offices of erstwhile HDFC Limited and became representative offices of the Bank post the merger. These are for providing loans-related services for availing housing loans in India and for the purchase of properties in India​​​​​​​. At HDFC Bank we are helping to transform lives of millions of Indians through our social initiatives. These initiatives come under the umbrella of ‘Parivartan’ and they aim to contribute towards the economic and social development of the country by sustainably empowering its communities. Parivartan has been a catalyst in making a difference in the lives of people through its interventions in the areas of rural development, education, skill development and livelihood enhancement, healthcare & hygiene and financial literacy.


Action

HDFC Bank acknowledges its responsibility to positively impact the environment, consumers, employees, communities and stakeholders. As a socially responsible corporate, we proactively empower and enable the growth and development of communities

Grant Value

  • 2021

    Grant Value
    Rs. 6,349,100,000
    CSR Budget
    Rs. 6,278,600,000
  • 2022

    Grant Value
    Rs. 7,368,700,000
    CSR Budget
    Rs. 7,338,600,000
  • 2023

    Grant Value
    Rs. 8,214,900,000
    CSR Budget
    Rs. 8,233,000,000

Geographical Coverage

Gujarat
Jharkhand
Maharashtra
Rajasthan
Uttarakhand
Odisha

Impact

Impact made
People impacted through various development initiatives 99,300,000
Women entrepreneurs supported 905000
Trees planted 3,800,000
People benefitted through health camps 187,000
Individuals reached through financial literacy programmes 17,100,000

Leadership Team

  • Nusrat Pathan LinkedIn Logo
    Head - CSR
  • Abhishek Samadhiya LinkedIn Logo
    Corporate Social Responsibility Manager
  • Ritesh Sinha LinkedIn Logo
    Head - Projects, CSR
  • Dr. (Ms.) Sunita Maheshwari LinkedIn Logo
    Chairperson, Independent Director
  • Mr. Kaizad Bharucha
    Deputy Managing Director
  • Mrs. Renu Karnad
    Non-Executive Director
  • Meghna Chatterji LinkedIn Logo
    Corporate Social Responsibility Manager

Vision & Mission

  • Vision

    We are committed to empower marginalised communities. Our CSR strategy seeks to integrate our work in community development, social responsibility and environmental responsibility.

  • Mission

    HDFC Bank acknowledges its responsibility to positively impact the environment, consumers, employees, communities and stakeholders. As a socially responsible corporate, we proactively empower and enable the growth and development of communities

Programs

  • Rural development

    Description

    The Bank believes that development is possible only if our villages benefit from India's growing economic prosperity & it's this belief that drives its Holistic Rural Development
    Programme (HRDP). The programme identifies & addresses the critical needs of each village through multiple interventions designed after consultation with the village community &
    other stakeholders.

    Cause
    States
    Demographics
    Impact
    Households impacted 1,086,000
    Trees planted 3,800,000
    Kitchen gardens supported 57,980
    Solar lights installed 55,125
    Water conservation structures 13,355
    Biomass stoves 13,340
  • Promotion of education

    Description

    HDFC Bank’s education programmes are structured to promote learning by creating a conducive & effective learning environment in schools. Under this pillar, Parivartan’s interventions - in line with the
    Government of India's Sarva Shiksha Abhiyan - are focused on:
    * Training teachers in alternate pedagogy & soft skills
    * Promoting innovation through identification & replication of innovative practices
    * Improving education quality through remedial classes, learning camps & teacher learning material
    * Providing special scholarships
    * Improving school infrastructure through refurbishment
    * Setting up libraries & science labs
    * Providing sports material
    In addition, HDFC Bank has also introduced Smart Classes across different states to integrate technology with education

    Cause
    Demographics
    Impact
    Students impacted 21,400,000
    Girls supported 25
    Shooters supported 30
    Teachers trained 20,19,000
    School infrastructure 2,86,000
    Community libraries 930
  • Healthcare and hygiene

    Description

    HDFC Bank has been actively championing the cause of Swachh Bharat through several sanitation projects. The focus is not only on providing sanitation infrastructure but also on
    fostering behavioural changes. Under Healthcare & Hygiene, the key interventions are focused on championing the Swachh Bharat Abhiyan through:
    * Awareness that brings about behavioural change
    * Toilet construction
    * Conducting various health camps
    * Generating awareness about nutrition
    * Providing access to clean drinking water
    * Conducting blood donation drives

    Cause
    Demographics
    Impact
    People reached 1,87,000
    Units of blood donated 23,00,000
    AYUSH doctors supported 4,000
    Household toilets constructed 24,295
    Sanitation drives 1,810
    Health camps 7,025
  • Financial literacy and inclusion

    Description

    HDFC Bank Parivartan conducts financial literacy workshops to enable communities to make smart financial decisions & sustain themselves. The Bank aims at imparting essential knowledge about investments & savings along with information on how to access organised finance sources. It includes disseminating information on general banking, carrying out credit counselling in schools & colleges, as well as among senior citizens & pensioners. This is done by:
    * Conducting financial literacy camps
    * Nurturing Self Help Groups (SHGs)

    Cause
    Demographics
    Impact
    Financial literacy camps 23,00,000
  • Skill training and livelihood enhancement

    Description

    The Bank supports several projects focused on building skill & competency, thus empowering the disadvantaged to gain access to better opportunities. Its Sustainable Livelihood Initiative (SLI) has made a difference in the lives of lakhs of women by creating long-term sustainable solutions through Self-Help Groups (SHGs) & Joint Liability Groups (JLGs). Under Skill Training & Livelihood Enhancement, Parivartan supports multiple projects that are focused on: Competency-based skill-oriented training & placements Capacity-building Promoting financial literacy Promoting credit & entrepreneurial activities Upskilling for agricultural & allied practices Today, the SLI is harnessing the collective power of women’s groups to make an impact in village communities through health & sanitation programmes

    Cause
    Demographics
    Impact
    Women entrepreneurs 9,05,000
    Individuals benefited 1,74,25,000
    SHGs supported 10,195
    Supported NGOs
    Partners for Skill training and livelihood enhancement

Annual Reports

In the News

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CSR Report: HDFC Bank Spends Rs 945.31 crore towards CSR in FY 2024
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HDFC Bank CSR spend crosses Rs 945 crore in FY24
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HDFC Bank spends Rs 945 crore on CSR, impacts 10.19 crore lives
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CSR: HDFC Bank Spends Rs 820 Cr in FY 2022-23, Benefitting 10 Million People
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CSR spends of India Inc increase during pandemic led by RIL, HDFC Bank
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HDFC Bank CSR spend crosses Rs 945 crore in FY24
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HDFC Bank opens applications for SmartUp grants
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HDFC Bank spends Rs 635 cr, towards CSR including Covid relief in FY21

Awards & Recognitions

1. HDFC Bank’s WASH programme adjudged Best Corporate Initiative in Sanitation - ISC-FICCI Sanitation Awards : 2020

2. HDFC Bank Parivartan initiatives in East Khasi Hills district in Meghalaya - CII-National Awards for Excellence in Water Management : 2020

3. American Indian Foundation - Aditya Puri honoured for corporate and philanthropic leadership : 2019

4. Golden Peacock Award for Corporate Social Responsibility : 2017

5. Golden Peacock Award for Corporate Social Responsibility : 2019

6. Golden Peacock Award for Corporate Social Responsibility : 2020

7. CSR Leadership Awards (for the Sustainable Livelihood Initiative) : 2018

8. India CSR Awards : 2019

9. CII-ITC Sustainability Awards : 2020

10. Best CSR Initiative in Rural Development by the Institute of Public Enterprise : 2021

NGO Testimonials

Location

  • Headquarters

    Sai Baba Mandir Keshavrao Khadye Marg, Mumbai, Maharashtra 400011

    Directions

Contact

  • Email ID

    csr@hdfcbank.com

  • Phone Number

    1800 2600

Point of Contact

  • Email ID

    csr@hdfcbank.com