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6. Conclusion

Kotak Mahindra Bank's CSR initiatives, led by the Kotak Education Foundation (KEF),

demonstrate a strong dedication to uplifting marginalized communities in India. KEF's
multifaceted approach includes programs supporting education, livelihoods, and skill development

for children and youth from low-income backgrounds. Notable successes include the Unnati skill

development program, which facilitated job placements for 60% of its participants in FY 2022–
2023. Amidst the challenges of the COVID-19 pandemic, KEF adapted swiftly, leveraging digital

solutions to ensure uninterrupted educational support. Additionally, collaborations with institutions
like the Indian Institute of Science (IISc) and the Indian Institute of Management Bangalore

(IIMB) underscore Kotak's commitment to innovation and education. Overall, Kotak's CSR efforts
demonstrate a proactive approach to addressing societal challenges and contribute significantly to

sustainable development goals in India.

In summary, the findings underscore Kotak Mahindra Bank's unwavering commitment to

corporate social responsibility and its significant engagement in addressing critical societal
concerns, particularly in the areas of employment and education. Through a range of CSR

initiatives and tactical partnerships, Kotak is assisting India in achieving its sustainable
development goals while also enhancing the lives of people and communities. Moving forward,

Kotak will need to continue emphasizing innovation, diversity, and cooperation in order to

promote positive change and create a more sustainable society.

7. Bibliography
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banking industry. Scopus. https://www.scopus.com/record/display.uri?eid=2-s2.0-
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● Jena, B.M., Nanda, S.S., Mohapatra, S., Biswal, S.N. (2020). Corporate social

responsibility: A comparative analysis between SBI & ICICI bank in India. International
Journal of Control and Automation. https://www.scopus.com/record/display.uri?eid=2-

s2.0-85084488595&origin=inward&txGid=6211b415031fdc949c82cf1e9bf23a68
● Kaur, S. (2019, January 1). Social and Environmental Performance of Private and Public

Sector Banks in India: A Comparative Study. Indian Journal of Public Health Research and

Development. https://doi.org/10.5958/0976-5506.2019.03961.5

● Kesavan, V., & Srinivasan, K. S. (2022, April 24). A Study on the Performance and
Implementation of Corporate Social Responsibility Initiatives by Axis Bank Foundation.

ECS Transactions. https://doi.org/10.1149/10701.0101ecst

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