HDFC Financial institution declares spending Rs 1,068.03 crore on CSR actions in FY25
HDFC Financial institution, India’s largest non-public sector financial institution, on Tuesday stated it has spend of Rs 1,068.03 crore on its Company Social Accountability (CSR) initiatives in FY 2024-25, a rise of practically Rs 123 crore over the earlier 12 months. Cumulatively, as of March 31, 2025, the Financial institution has invested Rs 6,176 crore in CSR programmes.
The report captured a decade of the Financial institution’s CSR journey beneath its umbrella programme, Parivartan, which accomplished 10 years within the final monetary 12 months. With the newest outlay, HDFC Financial institution’s cumulative CSR funding reached Rs 6,176 crore as of March 31, 2025. Since inception, its initiatives have impacted 10.56 crore lives throughout 28 states and eight Union Territories, reflecting the dimensions and geographic unfold of its interventions.
FY 2024–25 was a milestone 12 months for Parivartan, with initiatives applied in 102 of the 112 Aspirational Districts recognized by the Authorities of India. The Financial institution has additionally prolonged its rural improvement initiatives to 298 border villages, specializing in infrastructure, livelihoods, and important companies in a few of the nation’s most distant areas.
The CSR Report outlines six core focus areas that anchor HDFC Financial institution’s social impression technique. Rural Growth stays the flagship initiative via the Holistic Rural Growth Programme, which adopts a cluster-based strategy to enhance infrastructure, schooling, well being, sanitation, and pure useful resource administration. Up to now, this programme has positively impacted greater than 14.92 lakh households.
Within the space of schooling, the Financial institution has targeted on bettering entry and high quality via scholarships, digital studying, and infrastructure help. It has disbursed over 29,000 scholarships, arrange greater than 2,600 SMART faculties, and constructed 930 neighborhood libraries throughout the nation.
Talent Coaching and Livelihood Enhancement initiatives have enabled 7.2 lakh people—significantly youth and ladies—to entry vocational coaching and entrepreneurship alternatives, serving to them safe sustainable livelihoods. In healthcare and hygiene, over three lakh folks have benefited from cellular medical items, most cancers therapy help, and maternal and youngster well being programmes.
Monetary Literacy and Inclusion continues to be a key pillar, with initiatives geared toward bettering monetary consciousness and entry to banking and insurance coverage companies. The Financial institution’s Vigil Aunty digital fraud consciousness marketing campaign has reached greater than 21 lakh followers on-line. The latest focus space, Pure Useful resource Administration, promotes sustainability via water conservation, afforestation, renewable vitality, and biodiversity conservation, together with the creation of 14,520 water conservation constructions and set up of over 69,000 photo voltaic lights.
Aligned with 10 of the 17 United Nations Sustainable Growth Targets, Parivartan displays HDFC Financial institution’s built-in strategy to inclusive and sustainable improvement. Commenting on the milestone, Kaizad Bharucha, Deputy Managing Director, HDFC Financial institution, stated the programme is guided by the assumption that improvement have to be inclusive, regionally related, and future-focused, constructed via long-term partnerships with communities.
