REPCO Bank provides Rs 10 lakh for flood relief in Jammu and Kashmir
STATE TIMES NEWS
NEW DELHI: Repatriates Cooperative Finance and Development (REPCO) Bank on Sunday handed over to Union Minister of State (Independent Charge) of the Ministry of Development of North Eastern Region (DoNER), Dr. Jitendra Singh cheque of Rs.10 lakh for flood relief work in the State of J and K. The cheque was handed over through S.C Panda, Special Secretary and Financial Adviser, Ministry of Home Affairs, by R. Varadarajan, Managing Director REPCO Bank, who specially travelled from Chennai for an appointment with the minister.
REPCO Bank is a bank promoted by the Government of India, Ministry of Home Affairs in association with the Governments of Tamil Nadu, Karnataka, Kerala and Andhra Pradesh. The main objective of the bank is rehabilitation of repatriates mainly from Sri Lanka and Burma, though the Bank has now also undertaking diverse activities to offer services other than repatriates. The amount of Rs.10 lakh donated by the bank is a part of the Corporate Social Reforms (CSR) activities.
Appreciating the gesture, Singh said, it should be a matter of great satisfaction for the flood-hit people of Jammu and Kashmir and at the same time, an inspiration for philanthropists and social-minded agencies across the country to donate generously for rebuilding and reconstruction of the damages caused by the floods.
Singh said that with the support of the Central Government, army and paramilitary forces, the flood rescue and relief operations were carried out without any waste of time, which helped in minimising the losses.