loading-image Axis Bank-Maharashtra - Company CSR Profile
 

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Axis Bank
 
 
 

Last Updated on October 16, 2018

 

Implementing Partners

  • Axis Bank Foundation
  • Action for Social Advancement
  • Aga Khan Rural Support Programme India
  • Dhan Vayalagam Tank Foundation
  • Dhan Foundation
  • Dilasa Sanstha
  • Don Bosco Tech Society
  • Foundation for Ecological Security
  • Lend A Hand India
  • Nav Bharat Jagriti Kendra
  • N M Sadguru Water & Development Foundation
  • PRADAN
  • Samaj Pragati Sahayog
  • Srijan
  • Youth4Jobs Foundation
  • Harsha Trust
  • Peoples Science Institute (PSI)
  • People's Rural Education Movement (PREM)
 
 
 

Thematic Areas

  • Education, Employability and Livelihoods Enhancement
  • Environmental Sustainability
  • Rural Development
  • Others
 
 
 
 
 

Axis Bank

Axis Bank Limited Corporate Office, Bombay Dyeing Mills Compound, Pandurang Budhkar Marg,Worli, Mumbai - 400 025, Mumbai, Maharashtra
 

Sector : Banks

International Origin : No

Company Type: Exchange Listed (BSE,NSE)

 
 

CSR Financial Details (INR Cr.)

Year
Actual CSR
Prescribed CSR
2017-2018
133.77 Cr
186.82 Cr
2016-2017
135.39 Cr
196.44 Cr
2015-2016
137.41 Cr
163.03 Cr
View all
 


Financial Insights

Estimated Prescribed CSR Budget FY 2018-19:  INR 119.88 Cr


Company’s Statement for unspent in FY 2017-18: The Bank was not able to spend the entire prescribed CSR amount of 2% of its average net profits of the last three financials years as few of the planned CSR activities had less than estimated utilization of funds.

 

About The Company

Axis Bank is the third largest private sector bank in India. They offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses. They have a large footprint of 2904 domestic branches (including extension counters) and 12,743 ATMs spread across the country as on 31st March 2016. The overseas operations of them are spread over nine international offices with branches at Singapore, Hong Kong, Dubai (at the DIFC), Colombo and Shanghai; representative offices at Dhaka, Dubai, Abu Dhabi and an overseas subsidiary at London, UK. The international offices focus on corporate lending, trade finance, syndication, investment banking and liability businesses. They are one of the first new generation private sector banks to have begun operations in 1994. They were promoted in 1993, jointly by Specified Undertaking of Unit Trust of India (SUUTI) (then known as Unit Trust of India), Life Insurance Corporation of India (LIC), General Insurance Corporation of India (GIC), National Insurance Company Ltd., The New India Assurance Company Ltd., The Oriental Insurance Company Ltd. and United India Insurance Company Ltd. The share holding of Unit Trust of India was subsequently transferred to SUUTI, an entity established in 2003.

CSR Foundation Description

Axis Bank Foundation

Axis Bank Foundation (ABF) was setup as a Public Trust in 2006 to carry out the Corporate Social Responsibility initiatives of Axis Bank. ABF has partnered with several NGOs to provide equitable education to various underprivileged individuals across 13 states of India. With their continued efforts to elevate the education levels in India, in 2011 Axis foundation ventured into the domain of providing sustainable livelihoods. These programs aim at alleviating poverty and providing livelihood options for economically weak households. Besides the philanthropic initiatives of ABF, the Foundation has setup a Volunteering program, encouraging the employees of the Bank to get involved and become socially responsible citizens. ABF is also actively involved in making steps towards reversing the effects of our ecological footprint, by implementing several Sustainability Initiatives.


 

 
 

Headquarter and Plant/Office Locations

Headquarter: Mumbai-Maharashtra
 
Plant/Office Locations:
 

CSR Projects of the Company

 
Education & Skill Development Program
Project Budget: INR 10.46 Cr
Company has spent some amount of money for promoting entrepreneurial skills among start-ups, imparti....
 
More CSR Info >>
 
MSME Sector Building Program
Project Budget: INR 3.42 Cr
Company has contributed some amount of money to MSME sector capabilities enhancement through knowled....
 
More CSR Info >>
 
Ensuring Environmental Sustainability
Project Budget: INR 9.69 Cr
Company has spent some amount of money for reduction of GHG emissions through use of renewable energ....
 
More CSR Info >>
 
Financial Literacy and Inclusion and Public Awareness Programs
Project Budget: INR 15.76 Cr
Company has contributed some amount of money for creating awareness and educate various sections of ....
 
More CSR Info >>
 
Creating Model Villages
Project Budget: INR 10.00 Cr
The company has spent some amount of Rural Development Projects.....
 
More CSR Info >>
 
Livelihood Programmes
Project Budget: INR 44.39 Cr
ABF plans to bridge the gap through its Vocational Training Projects, where the focus is on creating....
 
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Contribution to Axis Bank Foundation
Project Budget: INR 36.79 Cr
Company has contributed some amount of money to Axis Bank Foundation and its partner NGOs towards un....
 
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Admin Expense
Project Budget: INR 2.16 Cr
Administration and other expenses including salaries and training cost of Bank's CSR personnels , tr....
 
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Environment Sustainability Program
Project Budget: INR 18.49 Cr
Company has started environmental Sustainability Program: Reduction of GHG emissions through yse of ....
 
More CSR Info >>
 
Education & Skill Development Program
Project Budget: INR 5.23 Cr
Contribution to MSME sector capabilities enhancement through knowledge based skills development. Pro....
 
More CSR Info >>
 
MSME Sector Building Program
Project Budget: INR 3.98 Cr
MSME Sector Building Program: Company has Contributed to MSME sector capabilities enhancement throug....
 
More CSR Info >>
 
Financial Literacy & Inclusion and Public Awareness Program
Project Budget: INR 23.30 Cr
Company has taken financial and digital literacy initiatives to create awareness and educate various....
 
More CSR Info >>
 
Contribution to Axis Bank Foundation
Project Budget: INR 82.24 Cr
Company has made a contribution to Axis Bank Foundation and its partner NGOs towards undertaking CSR....
 
More CSR Info >>
 
Education and Skill development program
Project Budget: INR 2.08 Cr
Promoting entrepreneurial skills among college students Importing employable skills to youth E ....
 
More CSR Info >>
 
MSME Sector building program
Project Budget: INR 1.67 Cr
Contribute to MSME sector capabilities enhancement through knowledge based skills development. Ed....
 
More CSR Info >>
 
 Environmental sustainability program
Project Budget: INR 28.35 Cr
Reduction of GHG emissions through use of renewable energy and optimising energy efficiency Promo....
 
More CSR Info >>
 
Financial Literacy and inclusion Programme
Project Budget: INR 30.03 Cr
Financial literacy initiatives to create awareness and educate various sections of society, especi....
 
More CSR Info >>
 
Contribution to Axis Bank Foundation
Project Budget: INR 73.58 Cr
The main focus areas for foundation are: Education (primary, secondary, supplementary, special, voc....
 
More CSR Info >>
 
Sustainable Livelihood CSR Project of Axis Bank Foundation
Project Budget: INR 1.09 Cr
Axis Bank Foundation Livelihood Programme in some of the poorest districts of the country aims to im....
 
More CSR Info >>
 
Education CSR Projects of Axis Bank Foundation
Project Budget: INR 62.18 Cr
Special Education for people with Multiple Disabilities The key focus of the education programme is....
 
More CSR Info >>
 
Highway Trauma Care Project of Axis Bank Foundation
Project Budget: INR 1.09 Cr
Axis Bank Foundation supports Lifeline Foundation ( LLF) on highway trauma and first aid emergency c....
 
More CSR Info >>
 
 
 

 
 

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