TY - JOUR AU - Chaturvedi, Khushboo AU - Akhtar, Shakeb AU - Azhar, Naghma AU - Shamshad, Mohd PY - 2021/10/10 Y2 - 2024/03/29 TI - IMPACT OF CORPORATE SOCIAL RESPONSIBILITY ON FINANCIAL PERFORMANCE OF SELECTED BANKS IN INDIA: BASED ON CAMEL MODEL JF - Studies in Economics and Business Relations JA - SEBR VL - 2 IS - 2 SE - Articles DO - UR - https://sabapub.com/index.php/sebr/article/view/366 SP - AB - <p><em>The concept of CSR has been witnessing a sharply rising trend since last decade.&nbsp; From a subject of interest mainly for the academicians, it has now emerged as a strategic corporate practice adopted both by the banking and non-banking institutions. CSR is purely based on the philanthropy on voluntary basis on the part of the organization, aiming to contribute towards the well-being of all its stakeholders, including the environment, to attain sustainable development. India is the first country in the world to render it mandatory for the companies fulfilling specific criteria, to spend a minimal percentage of 2% of their average net profits of last three preceding financial year. Indian commercial banks play a crucial role in contributing towards the growth of Indian economy as a whole. These banks, public and private, both have been incurring expenditure on CSR. Most of the researches are showing that the companies who operate in a socially responsible manner are experiencing better financial results in terms of increased profitability. The present paper is an attempt to examine the impact of CSR on the financial performance of the commercial banks of India, based on CAMEL Model, using Return on Assets (ROA) and Net Interest Margin (NIM) as performance indicators. The sample of 16 banks where considered for seven years period from 2015-2021 and STATA 15 was employed for panel data evaluation. The results show that there exists a positive correlation between the independent variables (CSR, Capital adequacy ratio, Liquid Assets to Total Assets, Total Loan to Total Assets and Total Deposit to Total Assets) and dependent variables (ROA and NIM).</em></p> ER -