Social News XYZ     

‘Fani’: Adanis, ICICI Bank commit Rs 35 cr to Odisha

'Fani': Adanis, ICICI Bank commit Rs 35 cr to Odisha

Bhubaneswar, May 7 (IANS) To bolster Odisha's efforts in rebuilding and restoration post-cyclone Fani, Adani Ports and ICICI Bank have donated a total of Rs 35 crore to the Chief Minister's Relief Fund (CMRF).

While the Adani Group has committed Rs 25 crore, ICICI Bank has donated Rs 10 crore to support the people affected by the extermely severe cyclonic storm that made landfall in the state last week.

 

Besides, ICICI Bank has announced a slew of measures to help its customers in the affected parts of the state. The bank will waive off penalties for late payment of EMI in May on retail loans - home, car and personal - for its customers affected by the cyclone, a bank statement said.

Also, there will be no penalty for late payment of credit card dues as well as no cheque bouncing charges for the bank's customers this month, it added.

Speaking to reporters, Adani Ports and Special Economic Zone (APSEZ) Chief Executive Karan Adani said: "We are deeply pained by the devastation caused by Cyclone Fani in Odisha. The Adani Group stands united with the state administration and the people of Odisha during this hour of despair."

"For immediate relief, we commit to contribute Rs 25 crore to the Chief Minister's Relief Fund," he said.

Dhamra Port Company Ltd (DPCL), a 100 per cent subsidiary of Adani Ports, has set up a port in Odisha's Bhadrak district.

Facebook Comments
'Fani': Adanis, ICICI Bank commit Rs 35 cr to Odisha

About Gopi

Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.

He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.

When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.

He can be reached at gopi@socialnews.xyz

%d bloggers like this: