SBI chairperson Arundhati Bhattacharya says CSR spending from banks could remain muted till stress in the financial sector eases. The stress in the financial system is taking a toll on corporate social responsibility (CSR) spending by banks.
THE notion of corporate social responsibility (CSR), that businesses have a moral obligation to the community they operate in, has been around for decades. It seems to be a common thought that CSR is only relative to corporate giants or high-profile businesses, which is not the case.
Allowing top companies to fund incubators through the corporate social responsibility (CSR) obligation can help in promoting the startup ecosystem in a big way. Given the mandatory CSR spending of 2% of the net profit by the India Inc
Corporates with only clean antecedents and high credibility welcome to partner with Swachh Bharat Abhiyan under CSR The Modi government wants only corporates with clean antecedents and good reputation to contribute to the Swachh Bharat Mission.
SCOPE, apex body for central public sector enterprises, today “strongly” advocated accountability check of NGOs that are getting funds from PSUs for activities related to corporate social responsibility. He also emphasised on the need for social audit in all such cases. Speaking at a seminar on ‘Relevance of CSR: PSE Perspective’ U D Choubey, Director …
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