HDFC Bank has marked the 10-year milestone of its Parivartan initiative, having invested over ₹5,100 crore in various CSR projects across India. The bank aims to positively impact the lives of several lakh people by next year.
During a recent visit to Varanasi, the bank showcased its projects, including those in Jamalpur village and Sarthak Skill Centre. HDFC Bank has already made a positive impact on the lives of over 10 crore people, mostly in rural India.
The bank’s goals for 2025 include:
- Increasing income for 5 lakh marginal farmers
- Bringing 2 lakh acres of land under irrigation
- Supporting 25,000 community enterprises
- Improving education for 20 lakh students
- Skilling nearly 2 lakh individuals
- Supporting 20,000 institutions to promote local economies
- Cultivating 1 lakh acres of farmland for food security and rural income
- Providing scholarships for 25,000 meritorious underprivileged students
HDFC Bank has already surpassed its initial target of planting 25 lakh trees. The Parivartan initiative has grown into one of India’s largest CSR programs, active in 28 states and 8 union territories, making significant strides in education, skill development, healthcare, and financial inclusion.
“Social impact is an integral part of business performance,” said Kaizad M. Bharucha, Deputy Managing Director, HDFC Bank.
