Corporate Social Responsibility

KSL aspires to be a trusted partner and contributes significantly towards the economic, environmental and social growth of the nation and is also committed to contribute towards United Nation’s (UN) Sustainable Development Goals (SDGs). This sets out KSL’s vision, mission, governance, and CSR focus areas to fulfill its inclusive growth agenda in India.

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Further, CSR at KSL is implemented collaboratively by the organisation along with its employees through volunteering programmes. KSL endeavours to align its CSR projects and programmes with government initiated social development programmes and interventions.

The Company’s CSR budget is guided by the vision of creating long-term benefits for the society. The Company has been building its CSR capabilities on a sustainable basis and is committed to gradually increasing its CSR spending in the coming year for its long-term projects. This is reflected in the trend of CSR spend of KSL in past 5 years which is depicted below

Year In Rs. Lakhs
FY 2016-17 90
FY 2017-18 150
FY 2018-19 422
FY 2019-20 620
FY 2020-21 1379

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Vision

  • To improve the quality of life of the communities through positive impacts on economic, social and environmental parameters and in alignment with India’s social development objectives and sustainable development goals.

Mission

  • To create a lasting value for communities in need by promoting and supporting education, livelihood, healthcare, sports and environmental and sustainable development initiatives and others including reducing inequalities faced by socially and economically backward groups, relief and rehabilitation, and interventions towards an educated, employed, healthier and a cleaner India with the aim to serve communities at large and to transform their lives, in a collaborative manner by partnering with internal and external stakeholders.

Our CSR Programmes

Kotak Mahindra Bank Ltd. (KMBL) is regarded as one of the most efficient and high-performing banks in India, built on the principles of simplicity and prudence. Uday remains unfazed by market euphoria and his 'basics of banking' approach has ensured that the loan book is of high quality and the bank is well-capitalised. In a journey spanning nearly three decades, the company has grown both in scale and in stature under his leadership.

Kona Kona Shikha
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For FY21-22, KSL has partnered with NISM, a respected and well recognized institute for its credible financial education curriculum, to curate and conduct financial literacy programs for college students.

Partnership with Pratham
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In FY18-19, Kotak Securities (KSL) partnered with Pratham Education Foundation (Pratham) to implement its CSR Programme on Education. Pratham is a not for profit organisation focusing on high-quality, low-cost, and replicable interventions to address gaps in the education system.

Kotak Education Foundation
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KEF was set up in FY2006-07 with a purpose to support children and youth from underprivileged families through different education based interventions on a sustainable basis. KEF’s interventions are designed to empower recipients and provide employable skills, which will enable them to lead a dignified life.

CSR Commitee

KEF was set up in FY2006-07 with a purpose to support children and youth from underprivileged families through different education based interventions on a sustainable basis. KEF’s interventions are designed to empower recipients and provide employable skills, which will enable them to lead a dignified life. KEF provides livelihood support to children and youth from Below the Poverty Line (BPL) families in Mumbai, Thane and Raigad regions. KEF is Kotak Group’s primary vehicle to implement its CSR Programme on Education and Livelihood. On its part, KEF has been building capacities to scale up its social work to meet Kotak Group’s increasing CSR requirement.

In FY2019-20, KSL’s CSR Programme with KEF offered educational programme in around 100 schools in Mumbai and also provided vocational skill training to 2,695 youths. Flagship programme for education UMANG, focused on improving spoken English amongst school children while EXCEL provided scholarship and support to students pursuing higher education. Other initiatives like HEALTH & NIRMAAN supported healthcare and infrastructure requirement of the schools. These programmes reached out directly and indirectly to about 100,000 students across these schools. The vocational skill-training programme UNNATI provided training in the field of hospitality, retail, beauty and BFSI space.

Mr. Narayan SA

Chairman

Kotak Securities

Mr. Noshir Dastur

Independent Director

Kotak Securities

Mr. Jaideep Hansraj

Managing Director

Kotak Securities