Considering the second Covid wave, HDFC pledges $40 million to boost health infrastructure.

in image HDFC Bank logo illustration

In the wake of the coronavirus epidemic, HDFC Ltd has pledged an initial sum of Rs 40 crore to help health facilities throughout the country. In addition, HDFC would facilitate direct procurement and distribution of 80 high-quality ICU ventilators to hospitals in Karnataka, Gujarat, Maharashtra, and Tamil Nadu to serve critical patients. 

HDFC Ltd stated in a statement that the Covid-19 efforts are being carried out through its charitable arm, the HT Parekh Foundation. HDFC Chairman Deepak Parekh stated that bridging the gap between current healthcare demands, longer-term needs for sustaining livelihoods, and establishing a more robust health system in the country is necessary.

He added, "Besides our healthcare investments, we are providing humanitarian support to the most vulnerable groups, including children, migrants, senior citizens, critically ill patients, and persons with disabilities, to ensure that they are protected. We stand committed to our country and the hope for a positive future."

The HDFC Bank declared this week that it intends to become carbon-neutral by 2031-32. The bank is trying to reduce its emissions, energy, and water use as part of this project. Renewable energy will continue to be included and scaled up in its operations.

To attain its goal of being carbon neutral, the bank has a three-pronged strategy: cut consumption, shift to renewable energy, and offset carbon footprint. The bank has already put down 30 crores for the immediate establishment of medical facilities for the treatment of Covid-positive patients.

Source-mint

 

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