CSR 2019-20

During the year, rains wreaked havoc in one of the heaviest monsoons the country had seen. Large parts went underwater with lakhs of people being displaced and vast swathes of standing crop damaged. The situation across the country was grim indeed, with a large populace across several states being affected. In Maharashtra, several districts viz. Kolhapur, Sangli, Konkan and Nashik were affected. Taking a serious note of the devastating flood situation prevailing in various parts of Maharashtra, Bank donated an amount of Rupees One Crore towards the Chief Minister’s Relief Fund, Maharashtra for flood relief. The cheque of Rs. One Crore was handed over to the then Hon’ble Chief Minister of Maharashtra, Shri Devendra Fadnavis. Bank also declared “Aapatti Nivaran Yojana” for the financial rehabilitation of small business and traders affected by the floods.
During the year, Bank also extended a donation of an amount of Rs. 3 Lakhs to the Cricketers' Foundation Trust. The Trust had approached the Bank for funds toward raising a corpus for financial and medical assistance to old, retired and needy persons who have contributed towards Mumbai Cricket, especially for their medical and other major needs.

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