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Corporate Social Responsibility
For Federal Bank, Corporate Social Responsibility (CSR) has been an inherited and inbuilt element of its culture from the day the bank was founded.
Our Founder's values and ethos based on trust got embedded in the bank's policies and principles which reflect on its day to day business. CSR in Federal Bank began with the first act of cultivating banking habits in an agrarian society - to effectively utilize idle money for productive purposes.
Creating employment opportunity for a predominantly farming community was phase two. The Bank is a commercial entity. It has to carry out its operations to generate profits to fulfill its responsibility to all stakeholders. But its activities are carried out in the society and it owes to the society for its business prosperity.
While carrying out its activities, Bank is duty bound to ensure that its products and services serve the best interests of the society. Bank has approved a policy for Sustainable Development, which ensures that Bank's activities are conducive to sustainable social welfare. In addition to this, Bank has to directly participate in social activities to help the development of specific areas/segments.
Read more about our CSR Activities
CSR Activity Reports - Download
- CSR Report as on 31st March 2015
- CSR Report as on 31st March 2014
- Founder's Day Celebration - 2013
- CSR Report as on 31st March 2013
- CSR Regionwise report in relation to Founders Day 2012
- CSR Report as on 31st December 2011
Other Forms - Download
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Present activities of the Bank in the area of Education include
- Distribution of scholarships every year to the poor students of following disciplines, through Federal Bank Hormis Memorial Foundation: Medicine, Engineering, Business Management, B.Sc. Nursing and B.Sc. Agriculture.
- Training / counseling / development centres for the benefit of various sectors especially small farmers and people engaged in small/cottage/tiny industries.
- Conducting National level Essay competitions
Present activities of the Bank in the area of Health care involve:
- Sponsoring rehabilitation centres for HIV patients and Cancer patients
- Sponsoring trauma care units including ambulances, counseling centres, Dialysis centres
- Sponsoring Old Age Homes, Alzheimer's/Dementia care centres etc.
- Partnering with Public Health Services to provide amenities in large Government Hospitals to help the poor.
Federal bank Hormis Memorial Foundation
Bank has instituted a public charitable trust by name Federal Bank Hormis Memorial Foundation in 1996 to perpetuate the fond memory of late K. P. Hormis, the founder of the Bank. The activities of the Trust are directed towards inculcating better knowledge and awareness in the field of banking through training programmes, focused seminars, awards and so on.
Read more about Federal Bank Hormis Memorial Foundation
