One of the largest private-sector lenders, HDFC Bank has announced a slew of measures to help set up and enhance the medical infrastructure in the country to bolster the national effort against COVID-19, reports Economic Times.
Some of the measures which HDFC Bank will be taking include setting up permanent medical infrastructure like oxygen plants, medical equipment and ICU facilities. The bank will also be providing medical supplies to more than 200 hospitals across India.
In total, the bank will be setting up 20 oxygen plants across various hospitals, three 100-bed COVID-19 care facilities and two isolation centres.
For these measures, the bank has committed an initial amount of Rs 100 crore in addition to the Rs 120 crore which it had contributed last financial year towards COVID-19 relief measures.
In addition to these, the bank is also planning to give scholarships under the Education Crisis Scholarship Scheme (ECSS) to students affected by the pandemic and provide monthly rations to close to 1.5 lakh people across villages.
As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.
Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.
We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.
Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.