NE BUSINESS BUREAU
CHENNAI, OCT 1
Private sector Karur Vysya Bank on Friday said it donated Rs 3.14 crore to the Prime Minister Cares Fund from its corporate social responsibility funds.
The Bank’s MD and CEO B Ramesh Babu handed over the demand draft to Finance Minister Nirmala Sitharaman in New Delhi recently, the Tamil Nadu-based bank said in a press release.
#KVB has donated ₹3.14 Crores to the #PMCaresFund from our #CSR funds.
A DD for the amount was handed over to Smt. Nirmala Sitharaman, Hon’ble Minister of Finance and Corporate Affairs at New Delhi today by Shri. B Ramesh Babu, MD & CEO of the Bank.@nsitharamanoffc pic.twitter.com/EKXFAcbpOg
— Karur Vysya Bank (@KarurVysyaBank_) September 27, 2021
Karur Vysya Bank said it had donated Rs 1 crore to the Tamil Nadu State Disaster Management Authority while it handed over oxygen concentrators and multi-parameter monitors to the Karur Medical College Hospital totalling to Rs 1.60 crore, the release said.
Babu stated that the bank was committed to give back to the society in a big way through the corporate social responsibility initiatives, the released added.