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In the wake of Tsunami, the Public Sector Banking community has reacted with alacrity. Twenty public sector banks have contributed a sum of Rs. 58.75 crore to the Prime Minister’s National Relief Fund from their own profits. Banks such as the SBI and the IOB have contributed Rs. 10 crore each. The Allahabad Bank, Bank of Baroda, Bank of India and Punjab National Bank have contributed Rs. 5 crore each.
The Public Sector Banks have also set up camps to provide relief work in the coastal areas of Tamil Nadu, Andhra Pradesh and Kerala. These camps have been working round the clock particularly those set up by the Indian Bank and the Indian Overseas Bank. These camps have been providing food, drinking water in sachets, medical help, clothing, shelter and items of immediate requirements to the affected families.
The Officers and staff of banks such as Canara Bank, Central Bank, Corporation Bank, Indian Bank, IOB, PNB, Punjab & Sind Bank, UCO Bank and Vijaya Bank, being deeply anguished by the nature of the calamity, have contributed one day’s salary to the Prime Minister’s National Relief Fund. The Banks have also made arrangements in all their branches to collect contributions to the Prime Minister’s National Relief Fund and provide on the spot receipts to the donors.
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