Home Press Release Houses built under Federal Bank’s CSR initiative handed over

Houses built under Federal Bank’s CSR initiative handed over

Federal Bank handed over houses rebuilt for the benefit of flood-affected villages of Batswad and Rajapurwadi in Kolhapur (Maharashtra) to beneficiaries today. The Bank has rebuilt 80 houses under its CSR project for these villages.
Formal handing over of garbage pick-up vans, water ATMs and solar power system was also done today. Dr. Rajendra Patil Yadravkar (Minister for State, Govt. of Maharashtra for Public Health, Medical Education, Textile, Food & Drugs Administration and Cultural Activity) presided over the meetings at both the villages.
In October 2019, Federal Bank had announced a comprehensive package for rebuilding of villages of Kolhapur. The Bank allocated an amount of ₹ 3.06 Crore towards this project. The Bank is funding for reconstruction of two school buildings in these villages. These schools are being furnished with benches, tables, computers, projectors etc. The Bank has also sponsored milch animals to people who lost their livelihood, and given away machinery for cottage industries. Other public amenities like fogging facilities, public toilet and first aid items have also been provided as part of the CSR of Federal Bank. It has planted 500 trees.
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