Siddhartha Bank Donates 2 Crore 67 Lakhs to Corona Fund

Siddhartha Bank
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13th August 2020, Kathmandu

Even after more than 4 months of lockdown, the transmission rate of covid19 has been increasing rapidly. Meanwhile, Siddhartha Bank donated rupees 2 crores 67 lakhs to the government’s corona relief fund.

The bank has donated the amount from its corporate social responsibility fund.

The chairman of Siddhartha Bank, Manoj Kumar Kedia handed over the amount to the finance minister Yuvraj Khatiwada. The function took place in the ministry of finance.

During the occasion, Dr. Khatiwada expressed his gratitude to the bank’s step and noted that such contribution in these dire times holds great value. He applauded this assistance as the prime example of corporate social responsibility in the current scenario. He also said that the assistance will be used in corona prevention and control.

Similarly, the bank has also provided assistance of 86 lakhs and 24 thousand to the state and local levels previously. The bank is confident that the assistance will be of some help in the prevention and control of this deadly virus.

In the current situation, the corporate sectors should definitely come forward and assist the government in any way possible. It is the need of the hour. Therefore, a huge applaud to the bank for taking this great initiative!

What do you feel about this assistance? Let us know in the comments.

Recommended Reads:

Corona Affects Siddhartha Bank; Profit Declines and EPS Shrinks

Tie-Up Between NIC Asia Bank and CG Motocorp


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