Bajaj Finserv Group donates over Rs 10 cr for COVID relief

Image
Press Trust of India Pune
Last Updated : Apr 24 2020 | 9:59 PM IST

To strengthen the fight against COVID-19, Bajaj Finserv, its subsidiaries and group employees have contributed over Rs 10 crore to the PM CARES fund, the group said on Friday.

The group collectively employs around 32,000 and the money is part of their salary. Those contributed include the employees of Bajaj Holdings & Investments and Bajaj Finserv, Bajaj Finance, Bajaj Housing Finance, Bajaj Allianz General Insurance, Bajaj Allianz Life Insurance, Bajaj Finserv Direct and Bajaj Finserv Health, the companies said in statement.

The Bajaj Finserv companies have decided to match the employees contribution, thereby doubling the amount to Rs 10.15 crore.

The Bajaj group had earlier pledged Rs 100 crore for the same, of which close to Rs 40 crore is already operational through various projects in multiple geographies.

* * * * * * * Jubilant Group donates Rs 10 cr to PM CARES fund
* * * * * * *
HCL joins TN govt in COVID fight
* * * * * * * Uber offers Rs 1-cr free rides to Maha COVID fighters

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 24 2020 | 9:58 PM IST

Next Story