Tuesday 23 February 2021

HDFC Bank Parivartan Transforms 2.9 Million Lives in Punjab

By Tricitynews

Chandigarh Feb. 23, 2021:- HDFC Bank today released Parivartan Impact Report for the state of Punjab. The Parivartan Report showcases the initiatives undertaken by the bank as part of its Corporate Social Responsibility in the state. 

HDFC Bank Parivartan, the umbrella brand for all social responsibility initiatives undertaken by the bank, has transformed the lives of 2.9 million individuals across Punjab. 

At a function organised in the city, the Parivartan Impact Report for Punjab was released by Vineet Arora, Branch Banking Head, HDFC Bank and CSR State Head Arpana Kumari, HDFC Bank in the presence of other senior bank officials. 

As part of HDFC Bank Parivartan, a thorough assessment of the village is carried out to understand its developmental needs. To address these needs in a sustainable and effective manner, the Bank creates long-term solutions in partnership with an NGO and the local community including small farmers, youth, landless labourers, children, and women. 

Nationally, in FY 2019-20, the bank spent Rs 535 crore towards HDFC Bank Parivartan and has so far covered more than 81 million individuals across the country. 

Ms. Nusrat Pathan, Head – Corporate Social Responsibility, HDFC Bank said that we are delighted to release the Parivartan state report for Punjab. He added that sustainable Development happens when there is a commitment to creating change over a long time frame. We firmly believe that the Bank has to stand shoulder to shoulder with all stakeholders in the society to make a difference. We cannot make a difference alone, but together we can definitely bring Parivartan. 

Vineet Arora, Branch Banking Head, HDFC Bank, said that in Punjab, we are committed to not only providing the full suite of products and services for our customers, but also work towards making meaningful change in the lives of individuals and households in the state. The report showcases the work done by the Bank in the state across the various pillars under Parivartan.