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VOL. 10, ISSUE 3 (2023)
Corporate social responsibility practices of State Bank of India – An analytical study
Authors
N T K Naik, J Vijaya Babu
Abstract
Corporate Social Responsibility (CSR) is a concept whereby organisations consider the interests of society by taking responsibility for the impact of their activities on customers, employees, shareholders, communities and the environment in all aspects of their operations. This obligation extends beyond the statutory rules to comply with legislation and sees organisations voluntarily taking further steps to improve the quality of life for employees, their families, and society. Bhaskar Chatterjee is widely acclaimed as India's Father of Corporate Social Responsibility (CSR). He was instrumental in framing and issuing the CSR guidelines for Public Sector Enterprises (PSEs) in April 2010. This research paper aims to analyses the corporate social responsibility activities of the state bank of India and also consider the amount spent in the last two financial years (2020-2021 & 2021-2022). This study is based on secondary data, as it is collected from the website of SBI and the annual reports of the sample bank.
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Pages:35-40
How to cite this article:
N T K Naik, J Vijaya Babu "Corporate social responsibility practices of State Bank of India – An analytical study". International Journal of Multidisciplinary Research and Development, Vol 10, Issue 3, 2023, Pages 35-40
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