Credit Suisse extends Rs 7.5 cr aid to hospitals in India : vimarsana.com

Credit Suisse extends Rs 7.5 cr aid to hospitals in India


Credit Suisse extends Rs 7.5 cr aid to hospitals in India
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Credit Suisse overlooked breaches of regulations for years. Image Source: IANS News
Mumbai, May 17 : As India continues to face the second wave of the Covid-19 pandemic, Credit Suisse has recently committed an additional Rs 7.5 crore ($1 million) in aid to Concern India Foundation and GiveIndia, to provide financial assistance to hospitals in Mumbai, Pune, Delhi and Bangalore.
The financial aid is to be utilized to procure critical medical supplies, as well as oxygen and ICU equipment for the hospitals treating Covid-19 patients.
Credit Suisse has also launched a fundraising appeal among its staff to raise money for GiveIndia's India Covid Response Fund, which will then be matched by the bank through a separate donation. The campaign has already raised more than Rs 2.8 crore ($370,000) of additional support so far.

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