Standard Chartered declared INR 20cr to support India against COVID-19


Standard Chartered announced that, supporting the fight against the second wave of COVID-19 in India by donating 20cr. 

Standard Chartered is a multinational banking and finance services company. The company operates more than 1200 branches across 70 countries. It offers International banking services, also working across some of the world’s biggest markets includes Asia, Africa, and the Middle East. 

The bank offers services that help people and companies to succeed. The aim is to support sustainable economic and social development. Their core business of banking is ensuring to conduct Framework, investing in our people, and working with local partners to deliver community programmers

The bank and its global business services in India will be working with multiple non-government organizations and political authorities towards providing medical equipment, setting up COVID health centers, and helping put up oxygen generator plants. 

To being a part of this, the Standard Chartered will be providing 9000 PPE kits, 33 ventilators, 600 oxygen concentrators, 250 pulse oximeters, and 9000 N95 masks across the eight dedicated COVID care centers and also government hospitals

Also, a medical diagnostic laboratory is getting ready in Bihar, which helps to conduct 19 critical tests. While, 11 oxygen generator plants have been placed across two cities in nine states Uttar Pradesh, West Bengal, Bihar, Chhattisgarh, Assam, Tamil Nadu, Madhya Pradesh, Maharashtra, and Telangana.

All these efforts have been taking to assist COVID-19 patients who are below the poverty line. In Karnataka government hospitals, ICU beds have been set up, including all the necessary equipment. In Tamil Nadu, oxygen generators are supplying to another government hospital for free treatment of such patients. 

Also, in states like Madhya Pradesh and Maharashtra, the marginalized families the family essential kits distributed for those who are affected by COVID-19 have led to financial challenges.

Zarin Daruwala, Cluster CEO, India, and South Asia, Standard Chartered Bank, said a tough time for India, phasing many challenges with the second wave of Covid-19. The entire nation is making more efforts to tackle the pandemic. 

Matthew Norris, Global Head, GBS, Standard Chartered, said that India phasing a challenging situation. It is also responsible as a citizen to come forward and supporting the government if in a small way towards this cause. 

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