We as a Bank have taken up the responsibility of providing financial services to even the most remote and marginalized communities. In FY '14-15, we opened new branches at 73 unbanked locations and partnered with 10 business correspondents through a branch network of 373 locations (which are exclusive to the Bank), covering 10 states, 78 districts, 13,500 villages and 182 slums. During FY ’14-15, the Bank reached out to around 1.7 million households from the Base of the Pyramid (BoP) segment both through Direct and Indirect Channels. We value our external stakeholders and the community at large and continue to contribute to the society through various non-financial initiatives as well.
Community Development in the bank broadly functions in two areas:
- Financial inclusion: The agenda is to broad base the access of basic banking services to financially excluded segment of the society.
- Environment: We believe that 'Good Ecology is Good Economics'. In line with this belief, several initiatives were taken to ensure that our carbon foot print is reduced and at the same time, we gain operating and cost efficiencies.