FY 2021-22

In FY 2021-22 HDFC Bank Limited spent ₹736.01 crore on CSR against a 2% obligation of ₹733.86 crore.

Period: Apr 2021 - Mar 2022.

• Obligation (2% rule): ₹733.86 crore
• Spent in the year: ₹736.01 crore (projects ₹722.99 crore, admin overheads ₹12.53 crore, impact assessment ₹0.49 crore)
• Set aside for ongoing projects (Unspent CSR Account): ₹0 crore
• Transferred to a Schedule VII fund: ₹0 crore
• Excess from earlier years set off against this year's obligation: ₹0 crore
• Environment spend: not disclosed

Main programmes

• Financial Literacy Program (rural development item x, ongoing, pan India, direct): 157.54 cr
• Dairy Support Program (ongoing, pan India, direct): 19.19 cr
• Holistic Rural Development Program: about 160 project lines across states with agencies such as BAIF Institute and Aga Khan Rural Support Programme
• COVID relief programme lines (healthcare / disaster management); oxygen plants being set up in 18 hospitals across states
• Zero Investment Innovation for Education initiatives (pan India): about 10.31 cr
• Educational Crisis Scholarship Support (pan India): about 8.30 cr; Covid Crisis Support Scholarship for 4,000+ students
• Incubator Support Program: 28 lines; Plastic Waste Management lines (Assam, Bihar, Madhya Pradesh, Maharashtra)
• Ongoing projects: 612.16 cr spent (613.02 allocated); other than ongoing: 110.83 cr

Trees and greening

• Tree plantation, pan India, direct implementation, ongoing project: 8.00 cr
• Solar streetlight and solar panel lines (e.g. Chhattisgarh, Maharashtra); one small Tree Plantation Program line (0.02 cr)

Implementing agencies: Ambuja Cement Foundation, BAIF Institute for Sustainable Livelihoods and Development, Aga Khan Rural Support Programme, Yuva Unstoppable, Jan Jagran Kendra, CSC Academy.

Source: S5 HDFC Bank Integrated Annual Report 2021-22 (Annexure 2 CSR with project tables; note 35), pages PDF 160-162, 186-187, 198-199 annexure; PDF 292 notes