Karur Vysya Bank on Wednesday mentioned it has donated Rs 1 crore to the Tamil Nadu State Disaster Management Authority from its CSR funds to struggle the present pandemic.
Managing Director and CEO B Ramesh Babu handed over a requirement draft to minister of electrical energy, prohibition and excise, Tamil Nadu authorities, Senthil Balaji, it mentioned in a launch.
The financial institution has additionally donated ten ambulances 2 to be used within the plains and eight to be used in hilly areas to the Authorities of Tamil Nadu at a price of Rs 1.77 crore. The financial institution has donated Rs 3.29 crore to this point through the second wave of COVID-19 underneath Company Social Accountability, it mentioned.
* * * * * * Zaggle makes a foray into neo-banking house *
Fintech firm Zaggle on Wednesday introduced its entry into the neo-banking house via its group firm ZikZuk.
It’s going to handle main challenges confronted by SMEs, Zaggle mentioned. The primary product that’s being launched is the Founders Card a bank card for SME homeowners underneath its group firm ZikZuk.
The corporate is aiming to clock in a income of Rs 250 cr within the first one 12 months of enterprise, it mentioned in a launch.
(Solely the headline and movie of this report might have been reworked by the Enterprise Customary employees; the remainder of the content material is auto-generated from a syndicated feed.)
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