Saraswat Bank donates Rs 1 cr relief for drought in Maharashtra

Prevailing drought situation has been a major problem causing shortage of water across the country

Saraswat Bank, country's largest urban co-operative bank which recently crossed a total business of Rs 50,000 crore, has announced donation of Rs 1 crore towards drought relief in Maharashtra.

Caused by the two deficient years of the monsoon rainfalls, the drought has been a major problem  resulting into shortage of water availability across the country including Maharashtra.

Taking a serious note of the drought situation, therefore, the bank donated Rs 50,00,000 each to the Chief Minister's Drought Relief Fund, Maharashtra and to the NAAM Foundation, an NGO started by actors Nana Patekar and Makarand Anaspure, specifically aimed at alleviating the impact of drought.

Gautam E Thakur, Vice Chairman of the bank handed over the cheque of Rs 50,00,000 to Chief Minister of Maharashtra, Devendra Fadnavis.  Also, Kishore Rangnekar Director handed over another cheque of Rs 50,00,000 to Nana Patekar, Founder, NAAM Foundation.