Kotak contributes Rs 5 crore towards Odisha cyclone relief

Bhubaneswar: Kotak Mahindra Bank (Kotak) today announced that as a part of its Corporate Social Responsibility agenda, it is implementing a programme under which disaster management activities (including relief, rehabilitation and reconstruction) will be undertaken in the affected areas of Odisha (CSR Programme).

The CSR Programme on “Relief and Rehabilitation” shall be implemented in partnership with the Odisha State Disaster Management Authority (OSDMA) for the people of Odisha, who have been severely affected by the tropical cyclone Fani that hit the State on May 3.

Under Kotak’s CSR Programme, Kotak shall be providing an amount of Rs. 5 Crore to OSDMA, as funding of the implementation of the CSR Programme, in the cyclone Fani-affected regions of the State.

Uday Kotak, Managing Director & CEO, Kotak Mahindra Bank said, “Our thoughts and prayers go out to the people of Odisha who have been adversely affected by this disaster and for those who are relentlessly working to help, restore and rehabilitate the needy. As part of our Corporate Social Responsibility agenda, we look forward to jointly work with OSDMA to implement disaster management activities (including relief, rehabilitation and reconstruction) that will be undertaken in the State. We are making a small financial contribution to OSDMA to provide support to the people affected by the cyclone.”