Monday, June 16, 2025

HDFC Bank pledges Rs 100 crore towards COVID relief

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HDFC Bank pledges Rs 100 crore towards COVID relief

HDFC Bank has announced that it has committed Rs 100 crore for setting up medical infrastructure for COVID-19 relief in 2021-22. The bank is planning to set up 20 oxygen plants in hospitals besides three 100-bed COVID care facilities as part of the plan.

Rs 100 crore commitment for the ongoing fiscal year is an initial amount, and comes on top of a Rs 120 crore contribution done in 2020-21 as part of its initiative christened ”Parivartan”, the bank said in a statement

Underlining the need for the community and organizations to come together in the current crisis, its group head for corporate social responsibility, Ashima Bhat said the bank’s efforts are a small token of its commitment towards society. ”Parivartan” focuses on creating long-term sustainable infrastructure and the bank will be working with NGO partners and local infrastructure to render the help being announced, she added.

The bank’s plan entails setting up 20 oxygen plants across hospitals in the country, two isolation centres, and providing medical equipment and supplies to more than 200 hospitals in the country, the statement said.

The bank plans to offer scholarships under the education crisis scholarship scheme to students affected by the pandemic and also provide a monthly ration to 1.5 lakh individuals in villages.

Bhat said going forward, the bank would like to focus on the areas of education and livelihood, especially for families affected by COVID-19.

According to experts, the second wave of infections has peaked or neared its peak in the country. As per the latest data on Friday, total 1,86,364 new coronavirus infections were reported in a day, the lowest in around 44 days. The daily COVID-19 count in India last fell below the 2-lakh mark on May 25. with PTI Inputs

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