PUBLIC VS. PRIVATE INDIAN BANKS CSR : ANALYSIS, TRENDS AND CAUSES

Authors

  • Dr. Santosh Singh

Abstract

The scanning of the mandatory CSR and its effectiveness in mainstream development under
the ambit of section 135 of Company law 2013 makes a sensible diagnosis approach to
address the magnitude of its compliance in key area’s notified by GOI for corporate
spending. In an era of banking financial reconstruction through merger’s, acquisitions,
strategic alliances and take-over of the Indian banks under PCI frame work, it is quite
meaningful to analyse the status of the CSR spending of the Indian Public-Private sector
banks as per the compliance norms of the government, amount of the activities in which the
expenditure is made, leveraging profit through key stakeholders who are benefitted by the
banks CSR spending and forecast disbursement of the sectoral funding in the key defined
area’s and disbursal % in identified area’s undertaken by both Public and Private banks in
India.
It is in this backdrop that the author is inclined to address the CSR issues of both private and
public sector banks in mainstream development based on the underlying policies of the
government.

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Published

2020-12-01

How to Cite

Dr. Santosh Singh. (2020). PUBLIC VS. PRIVATE INDIAN BANKS CSR : ANALYSIS, TRENDS AND CAUSES. PalArch’s Journal of Archaeology of Egypt / Egyptology, 17(6), 6051 - 6085. Retrieved from http://mail.palarch.nl/index.php/jae/article/view/1882