FY 2023-24

In FY 2023-24 HDFC Bank Limited spent ₹945.31 crore on CSR against a 2% obligation of ₹945.31 crore.

Period: Apr 2023 - Mar 2024.

• Obligation (2% rule): ₹945.31 crore
• Spent in the year: ₹945.31 crore (projects ₹921.96 crore, admin overheads ₹18.42 crore, impact assessment ₹4.93 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: ₹5.38 crore
• Environment spend: not disclosed

Main programmes

• No project-wise amounts in the FY24 report; 219 CSR implementation partners; 10.19 crore beneficiaries since inception
• Cumulative to 31 Mar 2024: villages reached 9,270; water conservation structures 13,355; solar lights 55,125; kitchen gardens 57,980; biomass stoves 13,340
• Cumulative health: 7,025 health camps, 24,295 household toilets, 23 lakh+ units of blood donated; 15th Blood Donation Drive in 1,388 cities, 7,487 camps
• Incubator support: 42 incubators and 170+ start-ups supported
• Climate programme study (Biswanath Assam, Nainital Uttarakhand, Khordha Odisha): biogas units, cookstoves, drinking water tanks, solar home lights, tree planting
• Solar streetlights project in Bastar and Raigarh (Chhattisgarh) with PRADAN: 643 lights (impact-assessed)
• Holistic Rural Development Programme, Narmada district Gujarat, Aga Khan Rural Support Programme (India): 12 villages, Apr 2019 to Mar 2022 (impact-assessed)

Trees and greening

• Cumulative trees planted by 31 Mar 2024: 38 lakh+ (target was 25 lakh by FY25)
• Employee Tree Plantation Drive: 3,021 employees, 6.20 lakh+ trees (FY24)
• Climate project study: 6,86,464 seedlings planted, 12,490 tCO2 sequestered (programme-level, multi-year)

Implementing agencies: PRADAN, Aga Khan Rural Support Programme (India).

Source: S3 HDFC Bank Integrated Annual Report 2023-24 (CSR annexure; Parivartan narrative), pages PDF 261-262 annexure; PDF 500 notes; 160-169 narrative