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Coronavirus: 43,000 employees of Indian bank donate one day's salary to PM-CARES Fund

The Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM-CARES Fund) was set up on March 28 to raise money for combating the coronavirus crisis and to provide relief to the affected

twitter-logoPTI | April 5, 2020 | Updated 15:22 IST
Coronavirus: 43,000 employees of Indian bank donate one day's salary to PM-CARES Fund
All Indian Bank employees will donate one day's salary which is equal to Rs 8.10 crore

State-owned Indian Bank on Sunday said its 43,000 employees have voluntarily donated their one day's salary, amounting to ?8.10 crore, towards the PM-CARES Fund to fight the COVID-19 crisis.

"The bank's 43,000 employees have shown their commitment to the nation by voluntarily contributing one day's salary totalling to ?8.10 crore to the PM-CARES Fund towards control of COVID-19 in the country," according to a statement.

Separately, LIC-owned IDBI Bank said it has donated ?3.9 crore towards the fund.

"IDBI Bank cares about the health and wellbeing of our fellow citizens, and through this contribution, we support the efforts of the government in fighting the coronavirus pandemic," the bank's Managing Director and CEO Rakesh Sharma said in a release.

The Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM-CARES Fund) was set up on March 28 to raise money for combating the coronavirus crisis and to provide relief to the affected.

Political leaders, corporates, defence personnel, employees of public sector undertakings such as railways, and Bollywood personalities are among a cross-section of organisations and people who have announced their contribution to the PM-CARES Fund.

Also Read:Coronavirus in India: 8 crore women beneficiaries receive cash benefits

Also Read: Coronavirus in India Live Updates: Maharashtra worst-affected state with 490 COVID-19 cases; death tally at 24

INDIA CORONAVIRUS TRACKER: BusinessToday.In brings you a daily tracker as coronavirus cases continue to spread. Here is the state-wise data on total cases, fatalities and recoveries in one comprehensive graphic

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