Corporate social responsibility issues relating to Indian Banking Sector

Today, Corporate Social Responsibility (CSR) hasvieweda remarkablesurge in awareness and control in the global arena. CSR is a continuous commitment by business to attain commercial success that honour ethical values, address legal issues and add to economic development. Corporate social responsibility refers to strategies that Corporations employ to conduct their business in ethical and society friendly way which is beneficial to community in terms of development. CSR is a concept where organizations apart from their profitability and growthand express interest in societal and environmental welfare by taking the responsibility of their activities onall stakeholders. It considers the social and environmental implications of corporate financial decisions. Sustainability, CSR and banks are habitually not thought of inidentical context. With the increasing requirement for economic development globally, there is demand for Financial Institutions to make efforts in eliminating poverty, achieving equitable and accountable systems of governance and ensuring environmental security. In this context, present paper attempts to investigate the CSR practices in Indian Banking sector. The result reveals that in developing nations like India, the situation of CSR activities by financial institutions is not so flourishing.