A Study on Corporate Social Responsibility-A Case of Canara Bank

“No companies can survive without profit, companies must earn profit but with social concern”

Canara bank is one of leading bank in banking Sector with 3, 723 branches and 3, 526 ATMs, serving more than 4.7 crore customers. The present study made an attempt to know the CSR initiatives taken by the Canara bank. The objectives of the paper to determine the initiatives and amount spend by Canara bank on CSR activities. From the present study, it is found that during 2012–13 Total profit after taxes of the Canara bank is Rs. 2872 Crore. Out of which total spending on Corporate Social Responsibility (CSR) is Rs.1129.53 lakh, as percentage of profit after tax 0.39% spends on Corporate Social Responsibility. It is also found that from last three years Canara Bank supported 6, 19, 272 students with amount of Rs. 11, 920 crore to pursue their higher education in India and also abroad