Welcome you to the Fifty eighth edition of DevMantra Times for the month of January 2026. India's finance, startup, and regulatory landscape saw several notable developments this week. HDFC Bank ramped up its CSR spending to Rs 1,068 crore in FY25, while the RBI imposed a Rs 61.95 lakh penalty on Kotak Mahindra Bank for regulatory lapses and initiated a review of scale-based regulations for NBFCs amid their growing systemic role.
HDFC Bank spends Rs 1,068 crore in CSR during FY25: HDFC Bank has significantly scaled up its corporate social responsibility (CSR) initiatives, with total CSR expenditure rising to Rs 1,068.03 crore in FY 2024-25, reflecting an increase of about Rs 123 crore over the previous year. Over the past decade, the Bank's flagship CSR programme, Parivartan, has emerged as a key vehicle for inclusive and sustainable development, positively impacting more than 10.5 crore lives across India.
