CSR Focus Areas & Programs

The broad CSR Projects, which may be undertaken/ supported by the Bank as part of its CSR Focus Areas, are detailed as under

  • Poverty alleviation and measures to reduce inequalities
    • Sustainable Livelihoods
    • Financial Literacy and inclusion
    • Access to finance and entrepreneurship development
  • Education and Skill Development
    • Skill development through vocational education and training
    • Consumer education and public awareness
    • Skill and talent program for children and students
    • Entrepreneurial skills development
  • Environmental sustainability and Rural Development
    • Natural Resources management, soil and water conservation
    • Renewable energy and emission reduction
  • Sanitation and Healthcare
    • Sanitation and drinking water
    • Healthcare
  • MSME Sector Growth
    • Enhancement of MSME sector capability
  • Humanitarian relief
  • Armed Forces Veterans, war widows and their dependents
  • Capacity building of CSR personnel
  • Sustainable Livelihoods:

    Creating sustainable livelihoods is an overarching theme that is pursued to contribute to poverty alleviation and integrated development, especially in some of the poorest districts of the country. The Bank also endeavors to promote women empowerment through such activities by providing them skills and livelihood assets which contribute to improvement in their socio-economic status.

  • Financial literacy and inclusion :

    The Bank will promote the cause of Financial Literacy & Inclusion to reduce inequalities faced by socially and economically backward sections of society. These may be undertaken singly and/or in conjunction with the Government’s initiatives and schemes. The Bank will create awareness on personal financial management aspects through financial literacy initiatives and provide the underserved sections of society – especially rural population, urban poor and migrant workers – with access to formal banking channels and products under financial inclusion initiatives. The Bank may also facilitate the access to Government benefit schemes and social security schemes through banking channels.

  • Access to finance and entrepreneurship development:

    Support creation of sustainable income sources through micro-finance and micro-enterprise development and strengthen mechanisms for alternative livelihood.

  • Skill development through vocational education and training:

    Provide skilling, re-skilling and multi-skilling support to youth including the differently-abled, for gainful employment. The skilling programs may also include life skills coaching and career counseling support.

  • Consumer education and public awareness:

    Promote financial education and awareness amongst consumers at large and students. Disseminate knowledge on managing finances etc., which may include aspects of safe banking practices, tax planning, saving and investing and other relevant financial knowledge. Undertake public awareness initiatives on public interest topics such as pollution, road and personal safety, environmental sustainability, health, sanitation & hygiene etc.

  • Skills and talent program for children and students:

    Undertake/support programs that are designed to hone the skills and talent of children and students through talent competitions, scholarships and learning programs.

  • Entrepreneurial Skills Development:

    Engage with start-ups, students and technology incubators in academic institutions to promote innovation and development of entrepreneurial skills.

  • Natural resource management, soil and water conservation:

    Support initiatives undertaken by local/statutory authorities for effective management of natural resources leading to more productive outcome for agriculture and associated livelihood. Support rural and village communities through non-farm based livelihood development.

  • Renewable energy and emissions reduction:

    Ensure environmental sustainability, and ecological balance through pursuance of projects that conserve natural resources and enhance sustainability of environment such as renewable energy and emissions reduction projects. Create carbon sinks through afforestation and plantation programs.

  • Water harvesting:

    Support initiatives to conserve water through water harvesting, construction of water sheds, bunkers and related infrastructure.

  • Sanitation and drinking water:

    Work towards improving/providing sanitation and drinking water facilities for communities/schools and create awareness on health and hygiene topics to bring about a behavioral change.

  • Healthcare

    Support preventive and curative healthcare initiatives, including conducting health screening and awareness camps.

  • MSME sector capability enhancement:

    Provide support to MSME sector through dissemination of knowledge and training leading to enhancement of their capabilities.

Support relief measures during natural and other calamities, including but not limited to contribution to the Prime Minister’s National Relief Fund or to the National Disaster Management Authority or any other local authority, or NGO(s) engaged in such relief measures.

Support measures for the benefit of the, Armed Forces Veterans, War Widows and their dependents.
‘Armed Forces’ comprise of the Indian Army, Navy and Air Force while the ‘Armed Forces Veterans’ are retired members of these forces. ‘War Widows’ are defined as widows of those armed forces members who have lost their lives in pursuit of their duties during a war.

Build the capabilities of the Bank’s CSR Team and that of ABF and Implementing Agencies through training, conferences and experience sharing programs.