Ours being a Bank with PAN INDIA presence, CSR activities can be taken up anywhere in the country, Service Area/command area of our branches, economically backward Districts (identified by the Planning Commission for Backward Regions Grant Fund), Districts with concentration of minorities, Scheduled Castes and Tribes and other vulnerable sectors. Providing opportunities to employees to voluntarily participate in the Bank’s CSR activities, utilizing their spare time. g) Bank at its sole discretion, may allow its and/or jointly sponsored centers to accept grants, subsidies, donations, aids in any form of assets that will assist the centers to carry out the defined objectives. Special Allowance: 7.5%; After completion of the one-year service, you will an increment of 400/- and Rs. Sign up and browse through relevant courses. Similarly, requests for one time assistance for purchase of equipments and movables like vehicles by charitable organizations also contribute to the causes listed under the permitted activities. The Trusts/Centres shall generally be barred from raising loans and advances without the specific consent of the bank. Most employees who secure a promotion from their clerical jobs to an officer post are also retained within their home state. Here you can Get Free Mock Test Paper with Latest Pattern and Syllabusbus, Also Get Detailed Analysis so that you can Prepare Yourself for Upcoming Exams. <> Canara Bank conducts internal promotional exam for the promotion of Canara bank clerk to Canara Bank Officer in the month of September or October. Hence, the following will be the strategic principles of the Bank under CSR. Either a non - profit organization or a charitable organization where profit is ploughed back for charity purpose. Nature of project/programme. It is a concept whereby companies integrate social and environmental concerns in their business operations and interactions with their stakeholders on a voluntary basis. The committee will sanction the proposals within their delegated powers ( Rs. Rules also prescribe that the activities that benefit only the employees and the families of the company shall not be considered as CSR. Canara Bank Recruitment 2020 Notification – Canara Bank invites online applications from the eligible candidates for the Recruitment of Specialist Officers in various disciplines in Scale I & Scale-II. Get complete details about Canara bank PO Exam Date, eligibility, vacancy, application, exam pattern and syllabus & … po in canara bank thru po4. The SD & CSR Committee is responsible for reviewing and updating the Policy periodically, to reflect any changes in the regulatory and business environment. a) The SD&CSR policy of the Bank has been drawn in accordance with the provisions of Section 135 of Companies Act, 2013. b) The Sustainable Development and CSR Policy will be made available to all employees, regulatory agencies, customers, business associates, general public and other stakeholders through the Bank’s official website. Hence, all the expenditure including the establishment expenses of the manpower that are engaged full time in CSR activities has to be reported under CSR. The performance under CSR initiatives is included under “Business Responsibility Report” of Annual Report of the Bank. The Policy will be reviewed as and when required to bring desired modifications/improvements. Vision of our founder Sri Ammembal Subba Rao Pai that, “a good Bank is not only the financial heart of the community, but has also an obligation of helping in every manner to improve the economic conditions of the common people” has been the guiding principle of the Bank’s CSR activities from the beginning. Opportunity to employees to engage full time for short duration in CSR activities and considering that duration as one on Bank’s duty. e) Bank will also follow an approach of documenting the impact created under its CSR activities which may include a system of third party assessment and evaluation. Canara Bank PO Salary 2018-19: Canara Bank, a renowned public sector Bank, invited application for the post of Probationary Officer in Junior Management, Grade Scale-I.The selection process involves three stages. Common Notes for Bank Promotion Exams Scale I, II & III - 2020 (Updated) Sample Paper for All Bank Promotion Exams Scale I, II & III - 2020 (Updated) Sample Paper for Sub Staff to Clerk Promotion Exam - 2020 : ALM-Tier-I-II-CRAR. Accordingly, it is proposed to allocate 80% of the CSR budget for activities in project mode. Bank documented its CSR policy in the year 2011-12. CD-CP. Canara Bank has enabled me to do my best under challenges. 2 Lakh per proposal within the overall budget allotted to Circle) and will also forward the proposals falling under the HO powers with their views and recommendations. Through Canara Bank PO 2020 recruitment event, candidates will be shortlisted for admission s to 1-year PGDBF course either through NITTE Education International Pvt Ltd., Greater Noida or Manipal Global Education Services Pvt Ltd., Bengaluru. GM-SD & CSR Committee is consisting of Four General Managers. 4. Bank will explore formation/setting up of another Trust/Society/company for CSR activities for other than the activities carried out by the existing two Trusts. This leads to social, physical and financial exclusion of such groups. Bank has deputed Officers in Scale I to III as Directors of RUDSETIs and RSETIs under the Canara Bank Centenary Rural Development Trust(CBCRDT). CSR was initially a voluntary effort of the corporate organization to contribute to the welfare of the society, to which it owes its existence and derives its strength. The process is for the prestigious one-year training course which shall help you gain a Post Graduate Diploma in Banking and Finance (PGDBF). The thematic area/sector (as per Companies Act), location, project period, cost of project, sources of funds, type of assistance (implementation + gestation + evaluation), implementation schedule, intended benefits to people and planet in measurable terms, monitoring mechanism of implementation, process of impact study, evaluation (methodology, valuation agency, period), Accounting, Audit (mode of access if revenue generating – Treatment of surplus generated out of the asset/project). <> The contribution of the Bank has received wide recognition and the Bank has been bestowed with various awards and accolades for its efforts under CSR arena. The bank also reserves the right to take over the ownership/physical possession of assets in the interest of protecting the property from misuse. Reports on the SD & CSR activities, expenditure, Impact created, Innovations, lessons learnt, etc. endobj 500 increment in 2nd year. ii. furthermore, Keep visiting the website i.e. Canara Bank PO Mock tests are designed to help you crack the entrance for the PGDBF Course. Promoting education, including special education and employment enhancing vocation skills especially among children, women, elderly and the differently abled and livelihood enhancement projects; Promoting gender equality, empowering women, setting up homes and hostels for women and orphans, setting up old age homes, day care centres and such other facilities for senior citizens and measures for reducing inequalities faced by socially and economically backward groups; Ensuring environmental sustainability, ecological balance, protection of flora and fauna, animal welfare, agro forestry, conservation of natural resources and maintaining quality of soil, air and water. Want to learn? Contributions or funds provided to technology incubators located within academic institutions which are approved by the Central Government. The expenditure for capacity building shall not exceed 5% of the total CSR expenditure of the company in a year. %PDF-1.5 Regional Offices/Branches shall identify suitable activities and recommend to Circle Office for approval or for onward recommendation to Head Office, if the proposals fall beyond the delegated powers of Circle SD&CSR Committee. Buy Bank Promotion Video Lecture Course = Rs 2000/- Call Us: 9999685127, 7827546946 www.jaiibcaiibstudymaterial.com Email ID: email@example.com Measures for the benefit of armed forces veterans, war widows and their dependents. No. Generally, the project shall have the following salient features: DPE Guidelines on CSR prefers implementation of CSR in project mode and recommends earmarking of 80% of the annual budget for activities in project mode. Agency to undertake to keep separate records relating to the activities funded by us and make available whenever required. Sustainable Development & Corporate Social Responsibility (SD & CSR) committee of the Board, Centenary Rural Development Trust (Livelihood). In case of such partnerships, bank will document a mutual expectations and impact matrix in the form of Memorandum of Understanding (MOU). Bank will also display the policy in the corporate website of the Bank. 6.COMPLIANCE/MONITORING OF IMPLEMENTATION OF THE POLICIES. Agency to submit periodical progress and monitoring reports (periodicity to be specified to the Bank). Marginalization in India is primarily on the basis of gender, disability, ethnicity and location. Contribution to the Prime Minister’s National Relief Fund or any other fund set up by the Central Government for socio economic development and relief and welfare of the Scheduled Castes, the Scheduled Tribes, other backward classes, minorities and women. In addition, Bank has facilitated setting up of below mentioned Trusts as their founder member. Major initiatives of the Bank under CSR have been the setting up of Trusts and Institutions which have created an impact in serving the people and society at large. This is not applicable to the Trusts set up by the Bank. Wherever an income generating asset is funded under CSR and agency generates revenue out of it, the details of such revenue should be maintained separately and not to be taken into the business profits of the organization. Canara Bank conducted an exam in 2009 to shortlist prospective candidates for the position of Provisional Officer. For instance, POs are eligible for up to INR 50 Lakhs as loan, while clerks can only get INR 30 Lakhs. Through its own non-profit Trust or Foundation set up for CSR initiatives, iii. Canara Bank PO in the Test. **VERY IMPORTANT** Wear Mask, Follow Physical Distancing, Maintain hand Hygiene The proposals falling beyond the powers of The GMs Committee will be recommended to the higher level SD&CSR Committees. Governments around the world are increasingly establishing mandates for Corporates to shift from a purely bottom line approach (profit orientation) to triple bottom line approach (people, planet and profit). The challenge is in putting the CSR money to its best use and creating a sustainable impact. V) Grants released as corpus or endowments to implementing agencies will be treated as CSR expenditure for the year even in such cases where the implementing agencies utilize the income out of the endowment for their projects. 402-406, 4th Floor, Himalaya House, P.B. Accordingly, following weaker and vulnerable sections of the people will be the broad focus of all our CSR activities. Canara Bank PO Final Result 2019 Merit List , Cutoff Marks , Joining Letter. 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