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Global finance majors rush with Covid aid; Citibank to donate Rs 200 crore

With India continuing to reel under the second wave of COVID-19 infections, multinational financiers pitched in with relief efforts on Wednesday, led by a Rs 200 crore commitment by Citibank.
The relief efforts of the financial sector multinationals a majority of whom depend on Indian personnel to handle back-office work for their global operations were focused on providing immediate medical relief to ease the pressure on oxygen availability and healthcare infrastructure.
Other financiers which offered support included Citi s peer from the US Wells Fargo (USD 3 million), Swiss bank UBS (USD 1.5 million) and alternate investment manager Apollo Global Management (USD 1 million). ....

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Global finance majors rush with COVID aid; Citi to donate Rs 200 crore, Wells Fargo Rs 22 ore

›Global finance majors rush with COVID aid; Citi to donate Rs 200 crore, Wells Fargo Rs 22 ore
Global finance majors rush with COVID aid; Citi to donate Rs 200 crore, Wells Fargo Rs 22 ore
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Global finance majors rush with COVID aid; Citi to donate Rs 200 crore, Wells Fargo Rs 22 orePTI
Last Updated: May 05, 2021, 07:43 PM IST
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Other financiers which offered support included Citi s peer from the US Wells Fargo (USD 3 million), Swiss bank UBS (USD 1.5 million) and alternate investment manager Apollo Global Management (USD 1 million).
PTI
With India continuing to reel under the second wave of COVID-19 infections, multinational financiers pitched in with relief efforts on Wednesday, led by a Rs 200 crore commitment by Citibank. The relief efforts of the financial sector multinationals a majority of whom depend on Indian personnel to handle back-office work for their global operations were focused on providing immediate me ....

Andhra Pradesh , Tamil Nadu , Bill Daley , Peter Babej , Asia Pacific , Akshay Patra Foundation , Indian Institute Of Science , Bangalore Society For Development , Mantra Social Services , Public Affairs , Wells Fargo , Nirmaan Organization , With India , Apollo Global Management , Indian Institute , Cares Fund , Vice Chairman , United Way , Co Vid , ஆந்திரா பிரதேஷ் , தமிழ் நாடு , ர சி து டேலி , ஆசியா பெஸிஃபிக் , அக்‌ஷய் பத்ரா அடித்தளம் , இந்தியன் நிறுவனம் ஆஃப் அறிவியல் , சிட்டி வங்கி ,

Citi announces addl Rs 200 Cr aid for COVID-19 relief efforts in India, Wells Fargo to donate $3M

Citi announces addl Rs 200 Cr aid for COVID-19 relief efforts in India, Wells Fargo to donate $3M
May 5, 2021
The Rs 200 crore amount will be spent over the next three financial years, and a sum of Rs 75 crore will be allocated towards immediate medical and humanitarian needs, an official statement said.
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COVID-19 relief measures in India.
The Rs 200 crore amount will be spent over the next three financial years, and a sum of Rs 75 crore will be allocated towards immediate medical and humanitarian needs, an official statement said.
India has been experiencing shortage of oxygen, medical equipment and other health infrastructure amid a sharp rise in Covid cases and a slew of multinational companies have rushed with necessary support. ....

United States , Andhra Pradesh , Tamil Nadu , Bill Daley , Peter Babej , Asia Pacific , Anju Narayanan , Ashu Khullar , Akshay Patra Foundation , Bangalore Society For Development , Mantra Social Services , Indian Institute Of Science , Nirmaan Organization , Wells Fargo , Indian Institute , Cares Fund , United Way , Apollo Global Management , Wells Fargo , Covid 19 Relief Fund , ஒன்றுபட்டது மாநிலங்களில் , ஆந்திரா பிரதேஷ் , தமிழ் நாடு , ர சி து டேலி , ஆசியா பெஸிஃபிக் , அஞ்சு நாராயணன் ,