New Delhi: Private sector lender Kotak Mahindra Bank and its managing director Uday Kotak on Sunday announced a Rs 60 crore donation to fight coronavirus pandemic. The bank will be donating Rs 25 crore to the “PM Cares Fund” and Rs 10 crore to Maharashtra Chief Minister’s Relief Fund for COVID-19, it said in a tweet.
Uday Kotak, the wealthiest banker in the country, will be donating Rs 25 crore to the “PM Cares Fund”, another tweet said. “Next few weeks will define decades for humanity. Science and medicine beat the virus. Economics and finance contain the fallout. Time to protect both lives and livelihoods. We have beaten plague, smallpox, polio and prospered – I have faith,” the banker had tweeted on Saturday.
