We are deeply committed to the well-being and empowerment of the communities we serve. Through our Corporate Social Responsibility (CSR) initiatives, we strive to address pressing social concerns, focusing on healthcare, women’s empowerment, education projects and promoting green and climate-resilient practices.
Beneficiaries positively impacted by the Bank’s CSR programmes
CSR spends for FY23
The Bank has supported the Tirumala Tirupati Devasthanams (TTD) to transform Tirumala into a green town by providing 10 battery/ electric operated vehicles valued at ₹ 70 Lakhs to TTD, Tirumala and Sri Venkateswara Institute of Medical Sciences (SVIMS), Tirupati. This initiative will reduce the carbon footprints in the surrounding locations to a large extent.
Sri Venkateswara Institute of Medical Sciences (SVIMS) provides medical services to thousands of in-patients & OP cases on a daily basis and the numbers are increasing considerably. To meet the increasing demands of patients, the Bank provided the institute three RO purified drinking water plants and nine Water Dispenser Units at a cost of ₹ 30 Lakhs.
With a vision to promote green cover and to develop a model farm for farmers, the Bank in association with Hand in Hand, India has adopted Manavadi Village Panchayat, Karur, to implement a project with holistic approach which integrates multiple components such as promoting green cover and plantation, effective use of solar power facilities and strengthening water structures and green skilling with a focus on promoting a green and climate resilient village at a project cost of ₹ 1.27 Crores.
Bank has donated 33 battery operated pushcarts to women from underprivileged sections to market the ice cream and other dairy products of Aavin. Valued at ₹ 40.00 Lakhs, this is a CSR initiative of the bank to provide employment opportunities to women. The beneficiaries were identified in association with the Department of Women and Child Development and Department of Adi Dravidar and Tribal Welfare, Government of Tamilnadu and Aavin
To meet the ever-increasing need for Palliative and Geriatric care services, Sneha Sandhya Age Care Foundation is establishing an integrated facility to deliver services to the patients with serious health-related suffering in Visakhapatnam. A multidisciplinary team comprising of doctors, nurses, social workers, volunteers and counsellors offer necessary medical, emotional and moral support for the one who are striving to survive. The bank has supported this initiative by funding a part of the project for the construction of a block and medical equipment worth ₹ 1.60 Crores.
The project, in association with Tinkle Seva, comprises of multiple support by way of provision of safe drinking water, evening study centres, provision of nutritious snacks and furniture to School Students from the Tribal Community in Anaikatti.
Bank has provided infrastructure support to the extent of ₹ 23 Lakhs to Government High School, Somur, Karur for constructing four classrooms which helps Government School students to access quality education. This will benefit 170 students directly this year and several hundreds of students in successive years.
Bank has donated an Ambulance worth of ₹ 10 Lakhs with first-aid equipment and wheelchairs to Srikalahastheeswara Swamy Vari Devasthanam, Srikalahasthi to respond any medical emergencies to sick or injured people and to get them to hospital.
Bank provided support to integrate persons with Intellectual & Developmental Disabilities with the mainstream community by providing an array of services duly supported with appropriate infrastructure and qualified personnel in association with Maithree an organisation endeavouring to provide a secure future for persons with special needs.
To promote sports and inspire the youth and redefine the people’s view to take up Olympic sports, Bank supports Weightlifter L. Dhanush, son of a carpenter hailing from Tiruvallur, holding the national record in Snatch and Clean & Jerk in 49kg category. Bank provides support for holistic development of the sportsperson such as Equipment for training, Food, Nutrition, Physical check-up and an honorarium to his coach.
In line with Reserve Bank of India’s emphasis on propagating financial literacy and cyber security measures, the Bank organized Financial Literacy Awareness campaign by way of street corner plays in 580 locations reaching out to 34000+ rural adult population across Tamilnadu. The contents of the plays sought to make the public understand basic financial concepts and gain knowledge required to make effective financial planning and avoid making poor financial decisions that can have serious impact on the financial well-being.
“Har Ghar Tiranga”, a campaign under the aegis of Azadi Ka Amrit Mahotsav, was aimed to invoke the feeling of patriotism in the hearts of the people and to promote awareness about the Indian National Flag to the general public. National flags were provided free of cost to encourage citizens to hoist National Flag of India in their homes to mark 75th Independence Day, commemorate 75 years of independence and to pay tribute to freedom fighters.
Inhabitant of rural area of Karur district are getting drinking water only once in 7-10 days. Women wait near the water tanks to fill their buckets / drums with water and depend on the menfolk to carry the water to their homes. We have provided 112 numbers of rollable water barrels to the households of the interior villages in Karur.
To develop resilient women entrepreneurs from underprivileged, low income / unemployed sections from rural areas, Bank supported by imparting skill development training to 410 rural women on tailoring, thread craft embroidery, aari, door mat weaving through various NGOs.
“My Dream School” project is to develop students holistically. This Modern education project is being implemented by Bank along with Aram Foundation in 15 rural schools with a budget of ₹ 59 Lakhs which benefits 6000+ students of underprivileged background. The holistic approach of the project will be child-centric and results in improvement of students in all aspects of their life. This project will address the knowledge gap that arised during the pandemic which had impacted the students in education and social development.
KVB supported 200 beneficiaries across various rural villages in Tamil Nadu and Andhra Pradesh under the “LIMBS ON WHEELS” project of Inali Foundation with a budget of ₹ 26 Lakhs. Prosthetic limbs were provided to the physically challenged which would help them to perform basic actions like lifting items, eating, etc. A van equipped with all the required facilities to fit the arm in villages and other rural areas was deployed so that the benefit could reach even those who find it difficult to commute either due to lack of transportation or financial difficulties.
The project KVB – AROH GIVING HOPE provides support of ₹ 25 Lakhs to crucial areas of Diagnostic and Treatment to children afflicted by cancer. The project ensures that no child leaves the hospital in the middle of treatment for lack of money. Initially 44 numbers of children have been identified to avail the benefits from various hospitals such as Institute of Child Health, Chennai, Kovai Medical Center and Hospital Medical College free ward, Coimbatore.
To enhance the livelihood of Women Dairy Farmers and to build up a community based economic enterprise in Kadavur block of Karur district, Bank has engaged with COODU Trust to educate and train 500 small and marginal women dairy farmers on the scientific rearing of dairy animals and effective marketing strategies with a budget of ₹ 24.75 Lakhs. The project will help the women farmers to scale up their livelihood and obtain benefits from convergence of activities through various Government programs.
Bank has provided five imported medical equipment to Indira Gandhi Medical College & Research Institute and Government General Hospital, Pondicherry costing H 30 Lakhs. This equipment can diagnose various diseases including cancer, urinary tract infection, detection of inflammation of blood vessels and certain autoimmune diseases. This medical equipment with good lifespan, delivers results with high accuracy and has advanced features. By this project more number of underprivileged patients can be covered by the hospital in coming days.
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