 INTRODUCTION

Axis Bank is the third-largest of the private-sector banks in India offering a

comprehensive suite of financial products. The bank has its head office in Mumbai,
Maharashtra. It has 4050 branches, 11,801 ATMs and 4,917 cash recyclers spread
across the country as of 31 March 2019 and nine international offices. The bank
employs over 55,000 people and had a market capitalization of ₹1.31 trillion
(US$19 billion) (as on 31 March 2018). It sells financial services to large and mid-
size corporates, SME and retail businesses.

 CSR POLICY OF BANK

The year gone by has been quite memorable for the Bank as it crossed an important
milestone in its journey - completion of 25 years since its incorporation in December
1993. Through this momentous journey, the Bank has witnessed several
transformations, including flagship CSR programs that have sought to redefine the
boundaries of social good. The transformations facilitated by the Bank’s CSR
activities - be it economic, social or digital, have left strong imprints in the
communities it has touched through its programs. The Bank’s CSR philosophy aims
to make a meaningful and measurable impact in the lives of the deprived communities
across the country which the Bank achieves through initiatives that seek to create
conditions that enable sustainable livelihoods for the communities it serves. The Bank
is continually making efforts to align its CSR activities with various Government
Schemes like MNREGA. The primary purpose of Axis Bank’s CSR philosophy is to
make a meaningful and measurable impact on the lives of economically, physically
and socially challenged communities across India, by actively supporting initiatives
that aim at creating suitable conditions for their sustainable livelihoods

CSR ACTIVITIES
The CSR activities directly undertaken by the Bank majorly focus on poverty
alleviation, promoting financial literacy and enabling financial inclusion,
environmental sustainability, education and skill development and health and
sanitation.
PROGRAMS FOR CSR
 Project Akshar
 Akshar Ambassador Program
 Evolve
 Axis DilSe
ABF successfully achieved its first mission of creating 1 million sustainable livelihoods in
September 2017. It has now embarked on its next ambition of impacting 2 million
households by 2025. As part of Mission 2 Million (M2M), 4,47,182 households/trainees
have been impacted of which 2,10,050 are new households/trainees on boarded in FY
2018-19. Partnerships have been forged with 29 credible NGOs and the programs cover
151 Districts in 23 States/UTs.