• India CSR Awards 2025
  • Guest Posts
Sunday, June 1, 2025
  • Login
India CSR
  • Home
  • Corporate Social Responsibility
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Education
    • Gender Equality
    • Around the World
    • Skill Development
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • ESG
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Interviews
  • SDGs
    • No Poverty
    • Zero Hunger
    • Good Health & Well-Being
    • Quality Education
    • Gender Equality
    • Clean Water & Sanitation – SDG 6
    • Affordable & Clean Energy
    • Decent Work & Economic Growth
    • Industry, Innovation & Infrastructure
    • Reduced Inequalities
    • Sustainable Cities & Communities
    • Responsible Consumption & Production
    • Climate Action
    • Life Below Water
    • Life on Land
    • Peace, Justice & Strong Institutions
    • Partnerships for the Goals
  • Articles
  • Events
  • हिंदी
  • More
    • Business
    • Finance
    • Environment
    • Economy
    • Health
    • Around the World
    • Social Sector Leaders
    • Social Entrepreneurship
    • Trending News
      • Important Days
        • Festivals
      • Great People
      • Product Review
      • International
      • Sports
      • Entertainment
    • Case Studies
    • Philanthropy
    • Biography
    • Technology
    • Lifestyle
    • Sports
    • Gaming
    • Knowledge
    • Home Improvement
    • Words Power
    • Chief Ministers
No Result
View All Result
  • Home
  • Corporate Social Responsibility
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Education
    • Gender Equality
    • Around the World
    • Skill Development
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • ESG
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Interviews
  • SDGs
    • No Poverty
    • Zero Hunger
    • Good Health & Well-Being
    • Quality Education
    • Gender Equality
    • Clean Water & Sanitation – SDG 6
    • Affordable & Clean Energy
    • Decent Work & Economic Growth
    • Industry, Innovation & Infrastructure
    • Reduced Inequalities
    • Sustainable Cities & Communities
    • Responsible Consumption & Production
    • Climate Action
    • Life Below Water
    • Life on Land
    • Peace, Justice & Strong Institutions
    • Partnerships for the Goals
  • Articles
  • Events
  • हिंदी
  • More
    • Business
    • Finance
    • Environment
    • Economy
    • Health
    • Around the World
    • Social Sector Leaders
    • Social Entrepreneurship
    • Trending News
      • Important Days
        • Festivals
      • Great People
      • Product Review
      • International
      • Sports
      • Entertainment
    • Case Studies
    • Philanthropy
    • Biography
    • Technology
    • Lifestyle
    • Sports
    • Gaming
    • Knowledge
    • Home Improvement
    • Words Power
    • Chief Ministers
No Result
View All Result
India CSR
No Result
View All Result
Home Corporate Social Responsibility

CSR: CRISIL Foundation takes last-mile financial inclusion to Ladakh

Expands oversight to 429 MoneyWise centres across India, under the aegis of the RBI

India CSR by India CSR
July 4, 2022
in Corporate Social Responsibility
Reading Time: 3 mins read
CSR: CRISIL Foundation takes last-mile financial inclusion to Ladakh

CSR: CRISIL Foundation takes last-mile financial inclusion to Ladakh

0
VIEWS
Share Share Share Share

CRISIL Foundation, the corporate social responsibility (CSR) arm of CRISIL Ltd, recently opened five Money-Wise Centres for Financial Literacy (CFLs) in the Union Territory of Ladakh.

That takes the total number of CFLs — under the aegis of the Reserve Bank of India (RBI) to drive financial literacy and inclusion — set up by CRISIL Foundation to 429 across 14 states and four Union Territories, primarily at the sub-district and block levels.

CRISIL Foundation is one of 10 non-profits and the only corporate CSR arm chosen by the RBI to implement the project. These non-profits, with the support of public sector sponsor-banks, have set up around 1,100 CFLs as part of the first phase of this initiative. CRISIL Foundation alone has set up more than a third of these, including CFLs in some of the most challenging areas.

India CSR
ADVERTISEMENT

Also Read: CRISIL Foundation recognised for its work in Assam through flagship Mein Pragati programme

CRISIL Foundation will be managing the 429 CFLs till 2024, in association with 10 sponsor-banks and the National Bank for Agriculture and Rural Development (NABARD), with financial support from the RBI’s Depositor Awareness and Educator Fund and the Financial Inclusion Fund.

CRISIL Foundation and its sponsors aim to transform the lives of over 23 million rural people, with focus on women and youth, across 60,000 villages over the next three years through these centres.

The Ladakh CFLs were inaugurated on July 1, 2022 in the presence of senior dignitaries from the RBI, the State Bank of India, and CRISIL Foundation.

The centres have been designed to raise financial awareness, promote good financial practices, and drive sustainable change in behaviour, leading to informed financial choices, responsible credit behaviour, greater customer protection, and overall improved financial well-being.

They use a combination of educational videos, games, experiential learning, and financial counselling tools to drive home the benefits of using formal banking, financial services and social security schemes, leveraging technology smartly to enhance outreach/ impact and bring in cost efficiency.

The 429 CFLs have ~1,750 grassroots trainers selected from local communities and trained thoroughly by the CRISIL Foundation. They engage with the community and encourage people to visit the centre for guidance on finances — from the basics of personal finance to goal-based financial planning, depositor rights, consumer protection and redressal mechanisms, and digital financial transactions. Villagers can also avail of financial counselling at their doorstep, or at the centres.

Also Read: CRISIL Foundation launches 20 financial literacy centres

Says Maya Vengurlekar, Chief Operating Officer, CRISIL Foundation, “We are committed to empowering the financially excluded by building their capacity. In 2013, CRISIL had launched Inclusix, the only index that provides financial inclusion data at the district level. That set the stage for focused efforts in excluded areas. CFLs are bridging such gaps by reaching the disadvantaged in hinterland, be it edge-of-heaven Ladakh, the foothills of the north-east, or around the deserts of Rajasthan. In all this, the support from the RBI, sponsor-banks, NABARD, and other stakeholders has been tremendous.”

Since 2015, CRISIL Foundation has also reached out to over 900,000 community members, mostly women, in Assam and Rajasthan through Mein Pragati, it’s flagship project for financial capacity-building. Its efforts in Assam were recognised by the Government of India through the ‘National CSR Award 2018’ in the category ‘Corporate Awards in CSR in Challenging Circumstances’, conferred by the President of India in October 2019.

(India CSR)


India CSR offers strategic corporate outreach opportunities to amplify your brand’s CSR, Sustainability, and ESG success stories.

📩 Contact us at: biz@indiacsr.in

Let’s collaborate to amplify your brand’s impact in the CSR and ESG ecosystem.

Source: India CSR I 04 July 2022
Tags: CRISIL Foundation
India CSR

India CSR

India CSR is the largest media on CSR and sustainability offering diverse content across multisectoral issues on business responsibility. It covers Sustainable Development, Corporate Social Responsibility (CSR), Sustainability, and related issues in India. Founded in 2009, the organisation aspires to become a globally admired media that offers valuable information to its readers through responsible reporting.

Related Posts

USAID Dismantled: How CSR Can Fill the Innovation Funding Gap in India
Corporate Social Responsibility

USAID Dismantled: How CSR Can Fill the Innovation Funding Gap in India

20 hours ago
0
CSR: Nand Ghar, JSI & Rocket Learning Unite to Transform Anganwadis in Rajasthan
Corporate Social Responsibility

CSR: Nand Ghar, JSI & Rocket Learning Unite to Transform Anganwadis in Rajasthan

20 hours ago
0
Morgan Ventures Invests Rs 14.69 Lakhs in CSR Initiatives for FY 2025
Corporate Social Responsibility

Morgan Ventures Invests Rs 14.69 Lakhs in CSR Initiatives for FY 2025

1 day ago
0
L&T Spends Rs 164 Crore on CSR Initiatives in FY25
Corporate Social Responsibility

L&T Spends Rs 164 Crore on CSR Initiatives in FY25

2 days ago
0
Tata Motors Voluntarily Invests Rs 40 Crore in CSR Initiatives in FY25
Corporate Social Responsibility

Tata Motors Voluntarily Invests Rs 40 Crore in CSR Initiatives in FY25

3 days ago
0
CSR: Flipkart Foundation Expands Artisan Support with AIACA in Gujarat & West Bengal
Corporate Social Responsibility

CSR: Flipkart Foundation Expands Artisan Support with AIACA in Gujarat & West Bengal

3 days ago
0
CSR: NMDC Empowers Rural India Through Education
Corporate Social Responsibility

CSR: NMDC Empowers Rural India Through Education

3 days ago
0
Hindustan Zinc Secures India’s First Potash block and Rare Earth Elements (REEs) Critical Minerals block
Corporate Social Responsibility

Hindustan Zinc Secures India’s First Potash block and Rare Earth Elements (REEs) Critical Minerals block

4 days ago
0
CSR: Anmol Empowers Communities via Arm Baijnath Choudhary Charitable Trust
Corporate Social Responsibility

CSR: Anmol Empowers Communities via Arm Baijnath Choudhary Charitable Trust

4 days ago
0
Load More
Next Post
Sanskruti-Veekshanam: Special London Dance Show Promoting India’s Rich Cultural Diversity

Sanskruti-Veekshanam: Special London Dance Show Promoting India’s Rich Cultural Diversity

CSR: Canara Bank supports Sankara Eye Hospitals ‘Gift of Vision’ Program with funding of Rs. 78.4 lakh

CSR: Canara Bank supports Sankara Eye Hospitals ‘Gift of Vision’ Program with funding of Rs. 78.4 lakh

India CSR Awards India CSR Awards India CSR Awards
ADVERTISEMENT

LATEST NEWS

USAID Dismantled: How CSR Can Fill the Innovation Funding Gap in India

CSR: Nand Ghar, JSI & Rocket Learning Unite to Transform Anganwadis in Rajasthan

CSR: राजस्थान के धौलपुर में आंगनवाड़ी केंद्रों से शुरू हुआ बाल विकास का नया दौर

Morgan Ventures Invests Rs 14.69 Lakhs in CSR Initiatives for FY 2025

SC Closes L&T Plea as MMRDA Cancels Rs 14,000 Cr Mumbai Infra Tender

Vi Q4 Loss at Rs 7,166 Crore, Plans Rs 20,000 Cr Fundraise for 5G Expansion

HZL HZL HZL
ADVERTISEMENT

TOP NEWS

No Content Available
Load More

Advertisement

Image Slider
content writing services Guest Post Top 5 Reasons to have Sponsored Posts at India CSR – India’s Largest CSR Media stem learning R2V2 Technologies Private Limited

Interviews

Driving Sustainable Impact: An Interview with Himanshu Nivsarkar, Kotak Mahindra Bank
Interviews

Driving Sustainable Impact: An Interview with Himanshu Nivsarkar, Kotak Mahindra Bank

by India CSR
May 22, 2025
0

By Rusen Kumar NEW DELHI (India CSR): Himanshu Nivsarkar, Senior Executive Vice President and Head of CSR & ESG at Kotak...

Read moreDetails
Empowering Women Drivers: An Interview with Balamurugan Thevar, CSR Head at Shriram Finance

Empowering Women Drivers: An Interview with Balamurugan Thevar, CSR Head at Shriram Finance

May 20, 2025
0
Empowering Rural Craft Entrepreneurs: An Interview with N E Sridhar, Titan Company

Empowering Rural Craft Entrepreneurs: An Interview with N E Sridhar, Titan Company

May 15, 2025
0
Empowering Young Innovators Across India: An Interview with Geetaj Channana, the Head of Corporate Strategy at Vivo India

Empowering Young Innovators Across India: An Interview with Geetaj Channana, the Head of Corporate Strategy at Vivo India

April 25, 2025
0
Load More
Facebook Twitter Youtube LinkedIn Instagram
India CSR Logo

India CSR is the largest tech-led platform for information on CSR and sustainability in India offering diverse content across multisectoral issues. It covers Sustainable Development, Corporate Social Responsibility (CSR), Sustainability, and related issues in India. Founded in 2009, the organisation aspires to become a globally admired media that offers valuable information to its readers through responsible reporting. To enjoy the premium services, we invite you to partner with us.

Follow us on social media:


Dear Valued Reader

India CSR is a free media platform that provides up-to-date information on CSR, Sustainability, ESG, and SDGs. They need reader support to continue delivering honest news. Donations of any amount are appreciated.

Help save India CSR.

Donate Now

donate at indiacsr

  • About India CSR
  • Team
  • India CSR Awards 2025
  • Partnership
  • Guest Posts
  • Services
  • Content Writing Services
  • Business Information
  • Contact
  • Privacy Policy
  • Terms of Use
  • Donate

Copyright © 2024 - India CSR | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Corporate Social Responsibility
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Education
    • Gender Equality
    • Around the World
    • Skill Development
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • ESG
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Interviews
  • SDGs
    • No Poverty
    • Zero Hunger
    • Good Health & Well-Being
    • Quality Education
    • Gender Equality
    • Clean Water & Sanitation – SDG 6
    • Affordable & Clean Energy
    • Decent Work & Economic Growth
    • Industry, Innovation & Infrastructure
    • Reduced Inequalities
    • Sustainable Cities & Communities
    • Responsible Consumption & Production
    • Climate Action
    • Life Below Water
    • Life on Land
    • Peace, Justice & Strong Institutions
    • Partnerships for the Goals
  • Articles
  • Events
  • हिंदी
  • More
    • Business
    • Finance
    • Environment
    • Economy
    • Health
    • Around the World
    • Social Sector Leaders
    • Social Entrepreneurship
    • Trending News
      • Important Days
      • Great People
      • Product Review
      • International
      • Sports
      • Entertainment
    • Case Studies
    • Philanthropy
    • Biography
    • Technology
    • Lifestyle
    • Sports
    • Gaming
    • Knowledge
    • Home Improvement
    • Words Power
    • Chief Ministers

Copyright © 2024 - India CSR | All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.