GRENZE International Journal of Engineering and Technology
Authors:
Sarika Sagar, Sarthak Patwari, Nirjara Singh
Volume:
10
Issue:
2
Grenze ID:
01.GIJET.10.2.921
Pages:
2248-2253
Abstract
The paper examines the relation between the RR(Repo Rate) and CSR (Corporate
Social Responsibility)spending by the Indian banking sector as every industry is affected by the
RR announced bi-monthly by RBI. It's observed to have a major impact on the profitability of
the banking sector. The study gathers information about CSR spends by eight commercial
Banks in the last ten years and the RR for the last 12 years. The research further proceeds with
relating CSR and RR using a data analysis tool known as regression. RR impact on CSR spends
of the Indian Banking Sector is negatively related.