Nagpur : HDFC Bank, India’s largest private sector bank, under its CSR arm Parivartan, has positively impacted over 65.28 lakh lives in the state of Maharashtra till date and over 10.113 crore lives across India. It has been active in Maharashtra covering 31 out of the State’s 36 districts.
The Bank has adopted six focus areas under Parivartan for holistic social work. They are:
• Rural Development
• Promote Education
• Skill Training and Livelihood Enhancement
• Healthcare & Hygiene
• Financial Literacy and Inclusion
• Natural Resource Management
In Maharashtra, out of the 6 key focus areas, Rural Development, Promotion of Education, Skill Training and Livelihood Development have driven maximum impact, benefiting 49,685+ farmers and 1 Lakh+ students, 74,470+ women entrepreneurs, respectively. The Bank has implemented Focused Development Programmes in the districts of Aurangabad, Beed, Chandrapur, Hingoli, Jalna, Mumbai, Nagpur, Nanded, Osmanabad, Palghar, Pune, Raigad, Ratnagiri, Sangli, and Thane. Through its Holistic Rural Development Programme in the districts of Bhandara, Buldhana, Gadchiroli, Latur, Nanded, Nasik, Osmanabad, Parbhani, Satara, Wardha, Washim, and Yawatmal.
Key interventions :
Rural support for drought Maharashtra’s drought-prone areas suffer from reduced rainfall and declining groundwater, worsened by climate change. To address this, Parivartan has launched a Natural Resource Management (NRM) program in several districts, creating over 1,460 soil and water conservation structures such as canals, earthen dams, and check dams to help preserve groundwater and support farmers.
Parivartan, in collaboration with its implementation partners, conducted awareness sessions covering key topics such as soil and water conservation, government schemes and services, water accounting practices, and water budgeting. Additionally, the Bank provided education to villagers on water-borne diseases and preventive measures, addressing concerns as many residents relied on water from tanks. Holistic Rural Development Programme at 12 villages Under its Holistic Rural Development Programme, HDFC Bank Parivartan, in partnership with Cohesion Foundation Trust, is implementing this initiative in 12 villages in the Tuljapur block, benefitting 18,000+ individuals across 4,000 households.
This initiative includes:
• Installation of solar streetlights
• Promotion of organic multiple cropping
• Rejuvenation of storage and irrigation systems
• Development of Osmanabadi goat and backyard poultry projects
The program will also include exposure visits, construction of 14 check dams, and support for the Tuljai Mahila Goat & Poultry Producer Co. to enhance farmer incomes, empower women, and foster overall village development.
“HDFC Bank remains committed to nation building and strives to make a meaningful difference in the communities we serve. Through HDFC Bank Parivartan, we focus on addressing key challenges and supporting initiatives that contribute to sustainable development and positive change at the grassroots level,” said Ms. Nusrat Pathan, Head – CSR, HDFC Bank.
“We are dedicated to offering a comprehensive range of banking services throughout the state, ensuring accessibility for all. As a socially responsible corporate citizen, HDFC Bank is equally focused on doing its part to bring about meaningful change in the lives of individuals and families. We remain committed to supporting communities with the resources, training, and guidance they need to thrive,” said Mr. Tarun Chaudhry, Branch Banking Head, Maharashtra, HDFC Bank. HDFC Bank was among the top CSR spenders in the country for the financial year ended March 2023. As of 31st March 2024, the Bank spent Rs 945.31 crore on CSR initiatives across the country. HDFC Bank #Parivartan has positively impacted over 10.113 crore lives as of September 2024 across the country.
