Parivartan, the bank’s CSR initiative, has impacted over 10.77 crore lives, HDFC Bank said in a statement.
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The bank has made a cumulative investment of approximately Rs 7,492 crore under the umbrella programme, it said, adding that CSR initiatives now span across all 28 States and eight Union Territories of India.
The bank’s flagship Holistic Rural Development Programme (HRDP) has expanded its reach to more than 11,000 villages across the country, up from over 10,430 villages a year earlier, it said.
Through an integrated approach spanning water stewardship, agriculture, livelihoods, education, healthcare, sanitation and community infrastructure, the programme continues to improve quality of life while strengthening rural ecosystems, it said.
Also Read: HDFC Bank fines CEO, CFO ₹1 lakh each after MSRDC review finds ‘business overreach’During the year, the bank also deepened its work in remote and hard-to-reach geographies, extending its coverage to 498 border villages – up from 298 villages in the previous year- – in keeping with the national priorities under the Border Area Development Programme and the Vibrant Villages Programme of the government, it said.
Interventions in these areas span rural electrification, livelihood enhancement and improvement of basic infrastructure in agriculture, education and health, it said.
“This year, our efforts to deepen the HRDP and extend our reach into border villages reflect our commitment to ensuring that no community is left behind. As we look ahead, we remain focused on building on this journey with the same philosophy that has guided us from the start — that development must be inclusive, locally relevant and future focused,” HDFC Bank Deputy Managing Director Kaizad Bharucha said.