A Comparative Study of CSR in Public and Private Banking Sector
Publication Date : 10-03-2026
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Abstract :
In India CSR is mandatory for all the companies including banking companies. In India banks are generally divided into public sector banks and private sector banks. Public sector banks are registered under the banking companies act and act passing in parliament while private banks are registered under the companies act 2013. Since there is minor difference between public sector banks and private sector banks, it becomes crucial to study the CSR spending patterns of the public sector banks and private sector banks. The companies act2013 makes all the companies to spent two percent of the profit on CSR. Here interesting to know that whether all the banks including public and private are making statutory compliance of the companies act 2013 or not. Since the act clearly state to spent two percent of profit on CSR, it becomes equally important to know the relationship between profitability and CSR. Ultimately, it is the profit which will be spent on the CSR. To study the statutory compliance of CSR, relationship between profitability and CSR and CSR expenditure pattern of the public sector banks and private sector banks, the researcher has selected the above topic.
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