Page 33 - BANKING FINANCE JANUARY 2016 ONLINE

PRESS RELEASE

Bank of Maharashtra Provides

Blankets and relief Materials for

Chennai Flood victims

Bank of Maharashtra undertook various relief measures for
Chennai flood victims in Ayyapanthangal area, worst hit by flood
due to heavy rain and the lake water inundation. Zonal Manager,
Chennai along with DZM & AGM provided relief materials on
urgent basis to Little Drops - Old age home having around 400
residents. Bank also donated more than 670 blankets in West
Saidapet (Manthopu) slum area.

Shri.R.C Mishra, Zonal Manager, Chennai Zone
distributing relief material to flood affected victims

HUDCO receives 'Governance Now

PSU Award'

Dr. M Ravi Kanth, Chairman and Managing Director received the
'3rd Governance Now PSU Award' on behalf of HUDCO for Value
Growth (in the Miniratna 1 category) under the 'Financial Category
Awards'.The award was given away by Shri Manoj Sinha, Hon'ble
Minister of State for Railways, Government of India, during a
function held at New Delhi. Shri Ram Vilas Paswan, Hon'ble Union
Minister of Consumer Affairs, Food & Public Distribution,
Government of India also graced the occasion.

The Award is aimed at honouring the efforts of Public Sector
Undertakings that have been vital to India's overall economic growth.

Kotak Mahindra Bank Announces Special Interest Free Loans for

Employees in Chennai

Kotak Mahindra Bank (KMB) has announced 'special interest free loans' to employees across its group companies who
have been affected by the recent floods in Chennai. Further, KMB is offering 'additional emergency loans' to employees

for any other requirements.

Furthermore, employees have been provided with advance salary for
fulfilling emergency needs. More than 2,000 employees across Kotak
Mahindra Bank and its subsidiary companies will benefit from this
initiative.

During the height of the flood situation, KMB had deputed four
doctors from Mumbai to provide medical assistance to employees
in Chennai. Over 1,000 employees across Kotak Mahindra Bank and
its subsidiary companies benefitted from this emergency

arrangement.

BANKING FINANCE | JANUARY | 2016 | 33

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