HDFC Bank on Tuesday released Parivartan Impact Report for Assam.
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 3 million individuals across Assam,” the bank said in a statement.
Parivartan seeks to better village life by focussing on improvements in five key areas including education, skills training and livelihood enhancement, rural development,
healthcare & hygiene and financial literacy inclusion.
“As part of HDFC Bank Parivartan, a thorough assessment of the village is carried out to understand its developmental needs,” the bank said.
To address these needs in a sustainable and effective manner, the bank has created long-term solutions in partnership with an NGO and the local community including small farmers, youth, landless labourers, children, and women.
Nationally, in the financial year 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.
“We are delighted to release the Parivartan state report for Assam,” said Nusrat Pathan, head (corporate social responsibility, HDFC Bank.
“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,” Pathan said.
“In Assam, 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,” said Sandeep S Kumar, branch banking head – East, HDFC Bank.
“The report showcases the work done by the Bank in the state across the various pillars under Parivartan,” Kumar added.