CSR Reporting Practices in Indian Private Sector Banks

Non-Financial Reporting or Sustainability reporting is a tool to collect and present sustainability data to stakeholders. In the 21st century Corporate Social Responsibility is being used to judge the corporate performance and CSR disclosures fall under Non-financial reporting or sustainability reporting. GRI is a global initiative to standardize Non-Financial Reporting which institutions across the globe are adopting, the guidelines are for voluntary use by organizations for reporting on the economic, social and environmental dimensions of their activities, products and services. Keeping in view the importance of banking sector in the economy and the growing importance of sustainability reporting this descriptive and analytical paper aims to analyze and discuss the sustainability reporting practices of Private banking sector in India. For this study secondary information from the annual reports of new private banks in India (banks which came into operation from 1991) for the past 5 years will be collected and analysed using appropriate tool of analysis. Purposive sampling will be used. The results of the study will throw better light on the reporting practices followed