Financial Daily from THE HINDU group of publications
Saturday, Mar 13, 2004

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Industry & Economy - Social Welfare


Corpn Bank donates Rs 15.61 lakh to HelpAge India

Our Bureau

Mangalore , March 12

CORPORATION Bank celebrated its 98th Foundation Day by donating Rs 15.61 lakh to HelpAge India Ltd, in Mangalore on Friday.

The Chairman and Managing Director of the bank, Mr Cherian Varghese, who handed over a cheque for the amount to the Director General of HelpAge India, Maj Gen Inderjit Singh Dhillon, said, "We should be concerned about less fortunate people in society".

The bank launched a Savings Bank and Current Account Campaign from August 18 to October 18, and decided to donate Rs 5 for each account opened during the period to HelpAge India, an organisation dedicated to the welfare of the underprivileged among the elderly. He said that 3,12,273 accounts were opened during that period.

Thanking the bank for its gesture, Mr Dhillon said the amount would be used to support the destitute people. HelpAge India is providing ration, medical care, and emotional support to the destitute at its various centres. The mobile medical units of HelpAge India provide medical help to the destitute people, he added.

Paying floral tributes to the founder of the bank, Khan Bahadur Haji Abdullah Haji Kasim Saheb Bahadur, Mr Varghese said that the founder had the vision of corporate governance.

In its "Vision 2006" audio-visual presentation, the bank highlighted its goal of becoming a number one player in India by 2006.

Dr. N.R. Madhava Menon, Director of National Judicial Academy, Bhopal, who released the newsletter "Senior Citizen", said that technological innovation, high productivity, professionalism, customer appreciation, shareholder satisfaction, admirable degree of corporate-social responsibility and total quality management have been part of the culture and traditions of Corporation Bank since its inception.

The Executive Director of the bank, Mr P.K. Gupta, proposed a vote of thanks.

More Stories on : Social Welfare | Public Sector Banks | Karnataka

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Car sales up 73 pc in Feb — Two-wheelers too have a good ride


New wholesale price index series to be introduced
Industrial growth up 7.4 pc in January
`India can become hub of machinery manufacturing'
Canada looking at Indian market
Grand Hyatt, the new star coming up in Mumbai
Fortune Katriya `Ugadi' special
Patent cases againt Dr Reddy's, Ranbaxy — `Pfizer's victory not to impact Indian generics'
Will Indo-Pak bonhomie open up export of medicines?
Highest safety rating for PowerGrid bonds
Power trips, cuts in offing
Irani launches steel futures trading
Standardising testing systems for textiles' quality stressed
Accounting norms panel to specify SMEs' exclusion
Seven cos coming to ARCI Incubator
Action plan for water supply in Thiruvananthapuram dist
Asianet yanks Ten Sports; cricket buffs in a tizzy
TV channels to carry political ads despite ban
Child experts endorse Pogo programming
Cable rates to remain at Dec 26 levels: TRAI
Tractor industry grows 45 pc in Jan-Feb period
`Indian switchover to flat TVs will be faster'
KVIC to start consultancy services in rural areas
`Footwear component makers need to treble capacity'
Tantavi 2004 Expo
3 hotel chains sign pact to develop resorts at Bekal
And the Oscar for disinvestment goes to...
Corpn Bank donates Rs 15.61 lakh to HelpAge India
Municipal Corporations in Kerala getting set for ADB aid
`Labour reforms key to employment generation'
`Supportive legal system vital for economic growth'
In Hyderabad today
I-T staff decry CBDT's stance on outsourcing
Sugar import likely as domestic output dips
Export units want sops on par with SEZs
Forging body shifts base to Pune



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line