PANAJIHDFC Bank was among the top CSR spenders in the country for the financial year ended March 2022. As reported in its Integrated Annual Report 2021-22, the Bank spent Rs 736 crore on CSR initiatives, a 15.92% increase over the previous year. The Bank also expanded its impact by reaching more than 9.6 crore beneficiaries. The Bank seeks to make a difference in the quality of life of the communities in which it operates through Parivartan, its umbrella brand for CSR. The Bank’s initiatives under Parivartan, which means change, are overseen by a Board-level CSR & ESG committee, which tracks their progress on a regular basis. The Board approved initiatives are aligned with Government missions and programmes. The Bank works in the broad areas of Education, Skill training and livelihood enhancement, Health Care, Sports, Environmental Sustainability, and Rural Development, with an aim to contribute towards socio-economic development of the country.
