FY 2021-22

In FY 2021-22 IndusInd Bank Limited spent ₹108.69 crore on CSR against a 2% obligation of ₹107.41 crore.

Period: Apr 2021 - Mar 2022.

• Obligation (2% rule): ₹107.41 crore
• Spent in the year: ₹108.69 crore (projects ₹104.02 crore, admin overheads ₹4.51 crore, impact assessment ₹0.16 crore)
• Set aside for ongoing projects (Unspent CSR Account): ₹0 crore
• Transferred to a Schedule VII fund: ₹0 crore
• Spent above this year's obligation (money set aside counts as spent): ₹1.28 crore
• Environment spend: not disclosed

Main programmes

• Flagship livelihood enhancement: Begusarai (Bihar) Rs 2.50 cr (PRADAN); Osmanabad (Maharashtra) Rs 2.50 cr (Watershed Organisation Trust)
• Mid-Day Meal Lucknow and Vrindavan Rs 2.00 cr (Akshaya Patra); Road to School Khurda (Odisha) Rs 3.07 cr (Learning Links Foundation)
• Early Learning and Language Program, Haryana Rs 5.72 cr; Ashoka University hostel support Rs 3.00 cr
• Watershed development in Karnataka, Telangana, Andhra Pradesh, Tamil Nadu Rs 3.39 cr (Dhan Foundation); lake rejuvenation Tamil Nadu/Telangana Rs 2.00 cr (Environmentalist Foundation of India)
• Roof rainwater harvesting, Pali (Rajasthan) Rs 2.25 cr and river water harvesting, Murshidabad Rs 1.19 cr (Ambuja Cement Foundation)
• Pediatric congenital heart disease treatment Rs 3.75 cr (Sri Sathya Sai Health and Education Trust)
• Sports: Girl Power Rs 3.29 cr, Hockey for Her Excellence Rs 2.31 cr, Cricket for the Blind Rs 1.80 cr, Para Champions Rs 1.75 cr
• COVID support under other-than-ongoing projects (Samarthanam, Inclusive India Foundation, Swasti and others); Armed forces veterans support (Army Wives Welfare Association)

Trees and greening

• Report text lists afforestation among Environment programmes; no tree counts or amounts found

States: Bihar, Maharashtra, Uttar Pradesh, Odisha, Haryana, Karnataka, Telangana, Andhra Pradesh, Tamil Nadu, Rajasthan, West Bengal, Uttarakhand, Punjab, Assam, Delhi.

Implementing agencies: PRADAN, Watershed Organisation Trust, Akshaya Patra Foundation, Learning Links Foundation, Language and Learning Foundation, Dhan Foundation, Environmentalist Foundation of India, Ambuja Cement Foundation, Sri Sathya Sai Health and Education Trust, Samarthanam Trust for the Disabled, GoSports Foundation, Inspire Institute of Sports.

Source: S5 Annual Report 2021-22 (Annexure on CSR), pages PDF pp 92-95, 106-117