Mumbai: India’s largest private sector lender HDFC Bank on Thursday said it has spent ₹634.91 crore towards ‘Parivartan’, the umbrella programme for all corporate social responsibility initiatives, in FY21. Of the ₹634.9 crore, over ₹110 crore was allocated and utilised towards initiatives focused on covid-19 relief, the bank said in a statement. “As India’s largest private bank, we are humbled to have been able to make a difference in the lives of people, in a year that was difficult for many," said Ashima Bhat, group head (business finance, strategy, administration, infrastructure, ESG and CSR) at HDFC Bank. Bhat said in a year that saw restrictions of many kinds due to covid-19, the HDFC Bank team, including NGO partners, worked harder to remain committed to these initiatives and project goals. The bank said its efforts under sustainability and social change are in sync with the SDGs outlined by the UN.

Source: Mint July 08, 2021 07:18 UTC