FY 2023-24

In FY 2023-24 Bajaj Finance Limited spent ₹179.52 crore on CSR against a 2% obligation of ₹185.7 crore, and set aside ₹6.19 crore for ongoing projects.

Period: Apr 2023 - Mar 2024.

• Obligation (2% rule): ₹185.7 crore
• Spent in the year: ₹179.52 crore (projects ₹173.71 crore, admin overheads ₹5.07 crore, impact assessment ₹0.74 crore)
• Set aside for ongoing projects (Unspent CSR Account): ₹6.19 crore
• Transferred to a Schedule VII fund: ₹0 crore
• Environment spend: not disclosed

Main programmes

• Board report states CSR focus on child education, child protection, child health, youth skilling and inclusion of persons with disability; project-wise list for FY24 not found in the annual report
• Impact assessment carried out for 24 completed projects (e.g. Tara Mobile Creches day care at 14 construction sites, Smile Train cleft surgeries, Jankidevi Bajaj Gram Vikas Sanstha COVID response in Maharashtra, Rajasthan, Uttarakhand)
• Related-party transaction with Pratham Education Foundation of Rs 1.36 crore

Implementing agencies: Pratham Education Foundation, Tara Mobile Creches, Smile Train, Jankidevi Bajaj Gram Vikas Sanstha.

Source: S3 Bajaj Finance Annual Report 2023-24, pages pp.131-136, 266-267