It is originated as a bank of Calcutta in June 1806.

In 1809, it was renamed as the Bank of Bengal.

This was one of the three banks funded by

presidency govt.(B.G.)
Bank of Bombay 1840 & Bank of Madras 1843
These three banks were merged in 1921 to form
Imperial Bank of India
it acted as a central Bank of India till establishment of
RBI
After independence , Imperial Bank of India became
SBI in 1955
A commitment by business to behave ethically and
give contribution in economic as well as in social
development
CSR is a self-regulating business model that helps a
company be socially accountable — to itself, its
stakeholders, and the public
 The Companies Act, 2013 is a landmark legislation
that made India the first country to mandate and
quantify CSR expenditure
 Corporate Social Responsibilities is an opportunity to maintain
a relationship with stakeholders. It also helps to increase the
revenue and build an image in the marketplace. Banks would
introduce the new opportunities in banking sector.
 Corporate Social Responsibility can improve the profits.
 Through Corporate Social Responsibility’s banks can effectively
communicate with the targeted audience.
 Corporate Social Responsibility can help in improving the
possitive image of banks.
 Long term sustainability in the marketplace.
 CSR’s can help to retain the investors.
 Can help creating high performance level of employees.
 SBI (State Bank of India) is a nationalized bank.
State Bank Group formed SBI foundation for all
the CSR activities to bring smile to the socio-
economically backward sections of the society.
 In 2018, SBI contributed towards the construction
of a residential school building in Patna, Bihar
 SBI distributed T-shirts and caps in 2017 and spent
Rs.62999/-. They donated Rs.71000/- to APNA
GHAR ASHRAM RBO
 And SBI also performs CSR activities in the
departments of education, health , environment
and social benefits
Corporate Social Responsibility is most important part
of banking sector because it increases the revenue and
also removes the negative image of the organization. It
builds a long term relationship with society as well as
improve the brand image of the banking sector. After
the analysis, we can suggest that the public sector
works more than the private sector in social welfare
but there is more need for creation of awareness
among Corporate Social Responsibility. At present the
banking sectors are working more effectively as
compared to past years. After the involvement of RBI
and Government of India, banking sectors are more
aware of the policies and activities related to Corporate
Social Responsibility