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Home Corporate Social Responsibility

Karur Vysya Bank donates Rs 3.14 cr to PM Cares Fund under Corporate Social Responsibility (CSR)

India CSR by India CSR
September 30, 2021
in Corporate Social Responsibility
Reading Time: 2 mins read
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As part of the Bank’s support under CSR to the Government’s efforts in the containment of Covid-19, the bank has already donated over Rs. 3cr from its CSR Funds.

Karur Vysya Bank donated a sum of Rs3.14cr to the PM Cares Fund from its CSR Funds A DD for the amount was handed over to Nirmala Sitharaman, Minister of Finance and Corporate Affairs at New Delhi on Monday by Shri B Ramesh Babu, MD & CEO of the Bank.

As part of the Bank’s support under CSR to the Government’s efforts in the containment of Covid-19, the bank has already donated over Rs. 3cr from its CSR Funds.

Notable donations include

Donation of Rs. 1 cr to the Tamil Nadu State Disaster Management Authority

Donation of oxygen generators to the Government Hospitals in Edappadi, Aravakurichi and Coimbatore and oxygen concentrators and multi parameter monitors to the Medical College Hospital, Karur totally amounting to Rs 1.60 cr.

Setting up of temporary COVID care centres at Coimbatore and Hyderabad to the extent of Rs 0.25 cr.

Donation of Rs 0.10 cr. to the Tamil Nadu State Government’s vaccination drive through private hospitals

Ramesh Babu, MD & CEO of the Bank stated that the Bank is committed to giving back to society in a big way through its CSR initiatives. During the current financial year, more initiatives that will add value and benefit to society will be unveiled.

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