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HDFC Bank aims to boost marginal farmers’ income

India’s biggest private sector lender HDFC Bank looks to increase the income of 5 lakh marginal farmers earning less than Rs 60,000 annually by 2025, as part of its corporate social responsibility (CSR) initiative Parivartan. The bank’s focus on rural...

PTI

New Delhi, Updated At : 10:16 AM Sep 16, 2024 IST

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India’s biggest private sector lender HDFC Bank looks to increase the income of 5 lakh marginal farmers earning less than Rs 60,000 annually by 2025, as part of its corporate social responsibility (CSR) initiative Parivartan.

The bank’s focus on rural development reflects its continued commitment to fostering sustainable growth and uplifting vulnerable communities, said Kaizad M Bharucha, the bank’s deputy managing director. With a CSR expenditure of over Rs 5,100 crore over the last decade, Parivartan has consistently aimed to empower individuals by creating sustainable livelihoods, fostering development, and leading to real change.

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