HDFC Bank Parivartan

Working with the communities

The Bank aspires to create significant and sustainable societal value through its social initiatives to embrace the most disadvantaged sections of society, by empowering millions of people to be self-reliant and contribute to the growth of the nation. The Bank has identified SDGs that align best with its material topics.

The Bank believes that national development happens when its communities are empowered to attain sustainable livelihood. In this regard, the Bank, under its social umbrella of ‘Parivartan’ is reaching out to communities to make them self-sufficient and empowered. This FY 2018-19, the Bank has spent ₹ 443.8 crore on the development of communities and reached out to more than 5.4 crore beneficiaries in the process.

The social initiatives of the Bank are driven by the ideology of giving back to the society in a meaningful way. All the CSR programmes of the Bank fall within the preview of Schedule VII of the provisions of Section 135 - Companies Act, 2013 and the Companies (Corporate Social Responsibility Policy) Rules, 2014. The Bank works directly through its businesses and in partnership with various Non-Governmental Organisations (NGOs) to create social value. The Bank’s operations do not have any negative impact on local community.

Five pillars of parivartan

At HDFC Bank, we believe that a nation truly develops when its communities find sustainable means of livelihood. Under HDFC Bank Parivartan, our CSR initiative, we reach out to communities and enable them to shift from a vicious cycle of poverty to a virtuous cycle of growth. The Bank works under 5 important pillars to bring about sustainable change.