Corporate Social Responsibility and the Dynamics in the Indian Banking System

Corporate Social Responsibility (CSR) has observed a colossal growth in terms of recognition in the latest years on a worldwide basis. Corporate social responsibility (CSR) refers to strategies that Corporations or firms employ to conduct their business in a way that is ethical, society friendly, and beneficial to the community in terms of development. The relation between Corporate Social Responsibility and the banking system is based on a notion where the business organizations apart from their profitability and growth show interest in societal and environmental welfare by taking the responsibility of impact of their activities on stakeholders, employees, shareholders, customers, suppliers, and civil society.