CSR( Corporate social responsibility) of Banking Industry
Tags :
CSR, Corporate, corporate social responsibility, banks, India, RBI
Industry :
Banking, FMCG/Foods/Beverage, Equity Research/Analytics, Investment Banking
Functional Area : Equities, India |
|
|
Follow this Topic |
more actions >>
|
About "CSR( Corporate social responsibility) of Banking Industry" topic:
Corporate Social Responsibility has become an integral part of corporate
management strategy for banking industry participants in recent times.
The banks are not only under pressure from the shareholders but also
from other stakeholders such as suppliers, customers, brokers and so on
to become more and more responsible in dealing with social issues in its
day to day operations. So, let us discuss everything about CSR
initiatives from the banking perspective.
2 insight
, 4 debates
, 1 idea contests
on topic: "CSR( Corporate social responsibility) of Banking Industry"
Prev1NextShowing 1 - 7 of 7
|
(rate this)
|
|
Yes
|
0
|
VS |
10
|
No
|
 |
Swati Raut
| Argues in support of
"No"
| 1 year ago
|
|
In the Indian context, very little systematic documentation of CSR initiatives is available in banks so far. Serious and committed approach to CSR is increasing its reach, but there is vast ground yet to be covered. Collaboration work between...
|
|
 |
s.baalu
| Argues in support of
"No"
| 1 year ago
|
|
NICE TO LEARN HDFC IS HAVING CSR.LET OTHER BANKS FOLLOW SUIT
|
|
Debate: "Does our banks have any sort of Corporate social responsibility?" deleted from your view.
|
(rate this)
|
|
Yes
|
76
|
VS |
8
|
No
|
 |
HEMANT VERMA
| Argues in support of
"Yes"
| 1 year ago
|
|
we people really talk about the csr but for company there is nothing like CSR . some example support this. 1. Bhopal gas leakage, 2. mobile tower at residential apartment. 3. Honda Motors. 4.tobacco manufacturing units 5. spill over and lots may...
|
|
 |
HARA PRASAD MISHRA
| Argues in support of
"No"
| 1 year ago
|
|
CSR is not a holistic approach for the development of business but it is a responsibility that all organisations must exrcise to contribute something in the development of society.
|
|
 |
Namrata Pathak
| Argues in support of
"Yes"
| 1 year ago
|
|
CSR is intrinsically linked to the concept of sustainable development: businesses need to integrate the economic, social and environmental impact in their operations. It is not an optional “add-on” to business core activities – but about the way...
|
|
Debate: "Is CSR today necessary for businesses to flourish?" deleted from your view.
|
(rate this)
|
1
Earn Goodwill and better brand image
2
More customer satisfaction
|
|
vega jain
| Added idea
"Unique Selling Proposition"
| 1 year ago
|
|
CSR can prove to be an unique selling proposition for banks. In todays cut throat competition, firms in the same industry can capture market share only by Csr. Through this only, u can gain the loyalty of the society and various other stockholders.
|
|
 |
Vipin Bhasin
| Supported idea
"Earn Goodwill and better brand image"
| 1 year ago
|
|
CSR create Goowill for bank which will help bank to fight against other banks in competitive market. More Goodwill means more customer, more work. In short, overall growth of bank.
|
|
Ideate: "How CSR can enhance overall performance of banks?" deleted from your view.
|
(rate this)
|
|
NO
|
4
|
VS |
4
|
YES
|
 |
Jyoti Kapoor
| Argues in support of
"NO"
| 1 year ago
|
|
No it will no way give us more profit. The reason being our currency exchange value is less. I agree with you venugopal .....
|
|
 |
krishan
| Argues in support of
"YES"
| 1 year ago
|
|
yes some thing is better than nothing.now a days outsourcing is booming & good bussiness for getting strenth.
|
|
Debate: "IS OUTSOURCING BY INDIAN COMPANIES ARE A GOOD STRATEGY" deleted from your view.
|
(rate this)
|
Debate: "i am currently working in accounting area " deleted from your view.
|
(rate this)
|
Always banks must have CSR. No dought. But nowadays some banks abandon this. Sophisticated crimes ie forgeries ,pledging fake documents happen now and then. If any loss happens to banks ,some do not poceed the criminals.Just they recover from officials with interest. Usually new venutres are not encouraged . Meenakshisundaram
|
|
Vipin Bhasin
| Commented
| 1 year ago
|
|
CSR became essential for any business, all techniques which are harmful for any business or banks should be stopped immediately..
|
|
Insight: " * Is CSR today necessary for businesses to flourish? * Does our banks have any sort of Corporate social responsibility?" deleted from your view.
|
(rate this)
|
CSR of organisations towards the society and their contribution is really appraising. I strongly believe, the main reason for backwardness of our country is lack of education, illiteracy. The education will give mould overall character of an individual, develops rationale thinking, shows the differentiation about good and bad. At least an individual having minimum education can able to analyse the situation before taking a decision vis-a-vis to an illiterate. 35% of indian population are illiterate and only 15% of people only reaches high school. The investment in private education crosses 69$ billions in 2012. what about the poor people and far flung areas where they are still have n...
 |
Repath Athyala
| Commented
| 10 months ago
|
|
Hi Manikanta raj, I have recently found the CDs that I promised you, it is round 70 mb in size, let me know how can I send it to you. with regards Repath Athyala www.repath.wordpress.com
|
|
|
|
Repath Athyala
| Commented
| 1 year ago
|
|
Hi Manikanta raj. Please give me some time... I will search out and if found, send it to you... more over, recently I shifted my house from the previous location and not yet set things in order. With regards Repath Athyala.
|
|
Insight: "Eliminate illiteracy through CSR." deleted from your view.
Prev1NextShowing 1 - 7 of 7
Other knowledge matching "CSR( Corporate social responsibility) of Banking Industry" topic
|
Activity:
968 referals
,
2 comments,
88 views
|
|
I did my Schooling from a Boarding(St.Amtul's Public School - Nainital) Masters in International Business Management from Dutch Delta University - Netherlands in 2005 where i topped and was awarded Best Student...There i was approached by Mr.Jay More Global President of Human Factors International, i rejected the offer cause he lied to me and then I came back to India to work for my country and see the irony that here in my home country no company dared to give me a single chance to prove my talents even after trying for 6 long years 'n many job portals like monster 'n naukri are fooling with job seekers like me and i never got a relevant job opportunity... some approach me for programmings and those fools didn't gave a Damn care to have a through look at my C.V. I challenge the top notch key decision makers in any Industry to have any type of business discussions with me and i bet they will not be able to resist the proceedings in the discussions... People who are fools are...
|
|
Activity:
358 referals
,
8 comments,
153 views
|
|
Social entrepreneurship in India is making greater strides towards inclusiveness by involving every strata of society to tap into the momentum and growth of the country. However, in spite of several initiatives, social entrepreneurship eco-system in India is not coming together as well as it needs to. Their focus and collaboration on solutions should be directed towards not merely one-off acts of charity, but adding up to a vast array of sustainable services across sectors and industries that help people at the base of the pyramid, which is not happening in the country now. In the post-independent era, many enterprising men with social bent of mind had ventured into setting up educational institutions, which helped the country to move out of the chaotic state into a vibrant and democratic environment. But over the decades, these established institutions which laid the foundation for modern India, because of their sheer size, were forced to evolve into large business enterprises...
|
|
Activity:
3004 referals
,
28 arguments,
774 views
|
|
These days as I switch on the tv or radio or look at a hoarding I do feel that power of ads I see. There are few innovative ads but rest all are stale. I do not understand many of these ads, their purpose looks so unclear that I feel that......
|
|
Activity:
2022 referals
,
15 votes,
497 views
|
|
When we are watching news channels or any other channel or reading news papers you bump upon many articles which make no sense. Your instant reaction to them is why is it on this page! What are the subjects you think should not have any space in...
|
|
Activity:
1 referals
,
1 comments,
20 views
|
|
Recovery of its due has been a hectic exercise for the Banks in the absence of a special legislation. ‘Non-performing Assets’ were growing and a need was felt to reduce the ‘Non-performing Assets’ of the Banks drastically. As the recovery through Courts was a difficult exercise for the Banks, initially, a special legislation called ‘The Recovery of Debts due to Banks and Financial Institutions Act, 1993’ was enacted creating a Special Tribunal called ‘Debt Recovery Tribunal’. Under the Act, the Banks are entitled to approach the Tribunal by filing an ‘Original Application’ which is similar to filing a suit in Civil Court proceedings. However, unlike the ‘Civil Court’ which is supposed to follow the ‘Civil Procedure Code’, a special and simple procedure has been prescribed under ‘The Recovery of Debts due to Banks and Financial Institutions Act, 1993’. At the end of adjudication, the Tribunal is supposed to grant a certificate called ‘Recovery Certificate’ infavour of the Bank...
|
Similar Topics
Social networking web sites are safe to be accessed from withing the...
1 trends
, 2 insight
, 2 debates
, 1 question
2 trends
, 3 insight
, 10 debates
, 3 idea contests
Banking which is still not able to provide its services for many in the...
4 debates
, 5 idea contests
, 1 question
the article talks about the philanthropy
1 insight
, 1 debates
4 trends
, 21 insight
, 20 debates
, 4 idea contests
, 4 question
Sponsored Jobs
