Protecting The Environment

We have initiated various measures to ensure environmental protection and foster a culture of preserving the ecology for future generations. These include:

Environment Initiatives
Description & Highlights
UN SDGs Impacted

Energy Management

We are conscious about the need for energy management and, as a team, we endeavour to contribute to a low carbon economy. We realise this is a continuous process, and are engaged in introducing energy-efficient systems and leveraging technology to boost energy efficiency in our operations.

Renewable Energy

We have installed solar capacity at various offices across locations. During the year, we cumulatively installed 120 KW of solar capacity.

1.20 Lakh kWh

Electricity Generated in FY 2020-21

LEDfication

We are substituting fluorescent lights with LED lights across our branches pan India.

1.75Lakh kWh

Electricity Saved in FY 2020-21

VRF Systems & Inverter Air Conditioners

New invertors/VRF AC units were installed and many existing ones were replaced during the year.

0.80 Lakh units

Electricity Saved in FY 2020-21

Water Conservation

Rainwater harvesting units are installed at various branches and corporate office.

1 Lakh litres

Water Saved during FY 2020-21

Equipment Schedulers

All our branches and offices are installed with Equipment Time Schedulers for Signage boards and ATM Lollypop boards. Even elevators are used in the most efficient manner, resulting in energy conservation.

E-Waste Management

Eco-friendly disposal of E-waste is ensured through tie-ups with reputed vendors.

Financing for Electric Vehicles

We granted loans for the purchase of eco-friendly Electric Vehicles for an amount of ₹170.00 Lakh during the financial year. We plan to augment such financing in the coming quarters.

Digital innovation & Paperless Banking

Our initiatives on this front during the year included:

81.5 Lakh sheets

Paper Saved

Digital Document Management and Execution: This project takes care of document movement across the organisation in a paperless way and including online digital signing of agreements for auto and personal loans
Fed E-Remit: Our digital outward remittance platform enabled us to do 20% of eligible outward remittances digitally, with reduced TAT
Online Demat Account Opening: We are the first ever Bank in India to implement 60 seconds Demat account opening, without any documentation
Digital Onboarding: 84% of all new customer acquisitions are done digitally helping us to save time and energy
Revamped Mobile Banking: 70% of all digital transactions in the Bank are done through revamped Mobile Banking which is a one-stop shop for all customers enabling higher digital migration

115 Lakh litres

Fuels Saved

86% of transactions done digitally: 86% of all the transactions in the Bank are done digitally by customers from their locations across the world thereby eliminating the need of travel to a bank branch for conducting a transaction
Implementation & Use of Online Meeting Platform: Around 67% of the Bank’s employees used this platform during the year thereby reducing the need of business travel

Reduced use of plastic bottles

We have reduced single-use plastic water bottles at all our offices and branches.