Lok Sabha Question No. 38 (UNSTARRED), answered on 2018-02-02
Subject: CSR by Banks
Ministry: FINANCE
Asked by: BHEEMRAO BASWANTHRAO PATIL

## GOVERNMENT  OF INDIA

## MINISTRY  OF FINANCE DEPARTMENT  OF FINANCIAL SERVICES LOK SABHA

## UNSTARRED QUESTION NO. 38

TO BE ANSWERED  ON THE 2 ND  February  2018/ Magha  13, 1939 (SAKA)

## CSR by Banks

## 38. SHRI BHEEMRAO B. PATIL:

Will  the Minister  of FINANCE  be pleased to state:

- (a) the  details   of  amount   spent  on  Corporate   Social   Responsibility (CSR)   by   the nationalised  banks  during  the last three  years,  bank  and State/UT-wise;  and
- (b) the number  of public  representatives  made demand  for nationalised  banks  to make expenditure  under CSR  for development  of their  areas during  the year  2016-17 and the reaction  of the banks  in this  regard,  bank-wise?

## ANSWER

The Minister  of State in the Ministry  of Finance (SHRI SHIV PRATAP  SHUKLA)

- (a)  and  (b):  As  per  Reserve   Bank of  India  (RBI)  inputs,   nationalised   banks   are  not covered  by   the  Companies   Act   and  hence  the  Corporate   Social   Responsibility (CSR) policy  related  provisions  of the Companies  Act  are not applicable  to these banks.  RBI has issued guidelines  on Corporate  Social  Responsibility, Sustainable  Development  and NonFinancial  Reporting  - Role  of Banks.  Bank-wise  details  of amount  spent on CSR  during the last three  years  is at Annexure-I.  CSR  spending  includes  expenditure  on activities  that are not attributable to  specific  locations, e.g., Swachh Bharat  Kosh and National  Sports Development   Fund,   and  therefore   it  is  not  possible   to  apportion   CSR   expenditure State/UT-wise.Bank-wise number   of  public   representatives   who   made  demand   for nationalised  banks  to make  expenditure  under  CSR  for development  of their  areas during the year  2016-17 and the reaction of  the banks  in this  regard  is at Annexure-II.

*******

Annexure-I Lok Sabha USQ No. 38 for  2.2.2018,  regarding  "CSR by Banks"

Amounts  in crore  Rs.

|   S.No. | Nationalised Bank       |   2014-15 |   2015-16 |   2016-17 |
|---------|-------------------------|-----------|-----------|-----------|
|       1 | AllahabadBank           |    854.51 |    889.1  |    825.35 |
|       2 | Andhra Bank             |      1.08 |      2.69 |      3.02 |
|       3 | Bank ofBaroda           |     17.83 |     19.4  |      3.08 |
|       4 | Bank ofIndia            |     11.85 |     14.49 |      6.42 |
|       5 | Bank ofMaharashtra      |      1.62 |      0.78 |      0.29 |
|       6 | CanaraBank              |     23.38 |     30.4  |     28.18 |
|       7 | CentralBank ofIndia     |      0    |      1.18 |      0    |
|       8 | Corporation Bank        |      4.53 |      4.78 |      2.06 |
|       9 | DenaBank                |      3.53 |      4.28 |      2.37 |
|      10 | IndianBank              |     13.42 |      2.91 |      2.64 |
|      11 | IndianOverseasBank      |      0.8  |      0.08 |      0    |
|      12 | OrientalBankof Commerce |      9.04 |      2.83 |      1.23 |
|      13 | PunjabNationalBank      |     26.62 |     36.8  |     30.4  |
|      14 | Punjab&SindBank         |      0.04 |      0.74 |      0    |
|      15 | SyndicateBank           |      2.14 |     12.93 |      1.54 |
|      16 | UCOBank                 |      7.01 |      4.23 |      9.92 |
|      17 | UnionBank ofIndia       |     10.15 |      5.76 |      6.51 |
|      18 | UnitedBank ofIndia      |      0.63 |      0.21 |      0.57 |
|      19 | VijayaBank              |      1.41 |      2.73 |      4.96 |

Source: Banks

## Lok Sabha Unstarred  Question  No. 38 dated 2.2.2018,  regarding  'CSR by  Banks' Demands received from  public representatives  regarding  CSR  for  development  of their  areas

## during the year 2016-17

|   S. N. | Nationalised Bank        |   Number | Reaction of the bank                                                                                                                                                                                                     |
|---------|--------------------------|----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|       1 | Allahabad Bank           |        6 | Theproposalshavebeen notedfor suitableaction infuture.                                                                                                                                                                   |
|       2 | AndhraBank               |        6 | Twoproposals,amountingto Rs. 24.14 lakh,weresanctioned.Four proposalscouldnotbe sanctionedbecause of lackof budgetand bank'slimitedpresencein the areas concerned.                                                       |
|       3 | Bank of Baroda           |        7 | Theproposalswerenotconsidereddue to unavailability of budget.                                                                                                                                                            |
|       4 | Bank ofIndia             |        0 | ─                                                                                                                                                                                                                        |
|       5 | Bank of Maharashtra      |        1 | Theproposalwasnotconsidereddue to absence of anybankbranch in thatarea.                                                                                                                                                  |
|       6 | CanaraBank               |        7 | Theproposalscouldnotbe consideredas the activitiesproposeddid notfallunder thebank'sCSRpolicy.                                                                                                                           |
|       7 | CentralBank of India     |       14 | Bank wasunableto consideranyproposaldue to incurredlosses.                                                                                                                                                               |
|       8 | Corporation Bank         |       19 | Theproposalscouldnotbe considereddue to limitedfund allocation.                                                                                                                                                          |
|       9 | DenaBank                 |        4 | Bank hasno CSRfunddue to losses incurredduringlast twoyears.                                                                                                                                                             |
|      10 | IndianBank               |       25 | Rs. 2.65 crorehas been spentunder CSRagainstthe proposals.                                                                                                                                                               |
|      11 | Indian Overseas Bank     |        1 | DuetoPCA forthe last twoyears,bankis notconsideringany proposalsunder CSR.                                                                                                                                               |
|      12 | OrientalBank of Commerce |       11 | 10 proposalswerenotconsidereddue to limitedbranchnetworkof the bankinthoseareas and the paucityof funds.Oneproposalwas notconsideredas thesame is notcoveredunder thebank'sCSR policy.                                   |
|      13 | Punjab& SindBank         |        7 | Noproposalcouldbe consideredas the funds werenotallocatedfor the year2016-17 under CSR.                                                                                                                                  |
|      14 | Punjab National Bank     |       14 | Thebankhas apprisedthatit endeavoursto carryoutallsuch proposalswithinits limitedresourcesof CSRactivities,it has so far processed threesuch proposals.                                                                  |
|      15 | UCOBank                  |       14 | Rs. 9.92 crorehas been spent againstthe proposals.                                                                                                                                                                       |
|      16 | UnionBank of India       |        9 | Six proposalsweresanctioned.Threeproposalswerenotsanctioned, on accountof budgetnon-availability, proposalnotfallingunder bank'sCSRpolicyandsome otherCSRactivitybeing undertaken in thatconstituency in the recentpast. |
|      17 | UnitedBank of India      |        1 | Theproposalwasapprovedand implemented.                                                                                                                                                                                   |
|      18 | Syndicate Bank           |        6 | Theproposalshavebeen notedfor suitableaction infuture.                                                                                                                                                                   |
|      19 | VijayaBank               |        2 | Theproposalshavebeen approvedfor implementation.                                                                                                                                                                         |

Source: Banks