CSR 2021-22

The Konkan region of Maharashtra as well as parts of Western Maharashtra saw severe devastation during monsoon, with heavy rainfall triggering landslides and flooding. The rains wreaked havoc in large parts of Raigad, Mahad, Khed, Chiplun, Sangameshwar, Ratnagiri, Kolhapur, Sangli and Satara resulting in loss of life and livelihood for people. The Bank handed over a cheque for Rupees One Crore to Shri Uddhavji Thackeray, then Hon’ble Chief Minister of Maharashtra as financial assistance to the Chief Minister’s Relief Fund, Maharashtra towards flood relief. This was a modest contribution by the Bank to help the State Government implement and execute various relief measures, and provide medical and financial assistance to the flood-affected.

The Bank has consistently worked towards the development of Konkan region. The Bank donated Rs. Fifty Lakhs to Manav Sadhan Vikas Sanstha, a Public Charitable Trust as financial assistance for its School of Nursing at Anav in Sindhudurg District. The Manav Sadhan Vikas Sanstha (MSVS) is a highly reputed Public Charitable Trust that has been working relentlessly towards the development of the Konkan region of Maharashtra for the past twenty-five years.
During the year, the country witnessed the second wave of Covid pandemic, during which there was a shortage of hospital beds and medical oxygen. The Bank tried to do its bit by donating Jumbo Oxygen cylinders to hospitals in Sindhudurg District, Maharashtra on the appeal of the District Collector, Sindhudurg.

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