July 22, 2026 02:51 pm (IST)
Follow us:
IDBI Bank contributes Rs. 5 cr to Ramakrishna Mission
Mumbai, Nov 11 (IBNS): IDBI Bank, as part of its CSR initiative of promoting education among students from weaker sections of the society, has contributed Rs. 5 crore to Ramakrishna Mission towards creation of an endowment fund named 'IDBI Bank Golden Jubilee Scholarship Fund'.
M.S. Raghavan, Chairman and Managing Director, IDBI Bank, handed over the cheque of Rs. 5 crore at a function held at IDBI Tower, Mumbai recently. Swami Bodhasarananda received the cheque on behalf of Ramakrishna Mission.
The endowment fund will be set up in the form of a fixed deposit; the periodic interest thereon will be utilized by Ramakrishna Mission to provide scholarships to the identified students from Class V to XII studying in Ramakrishna Mission Schools across the country, from weaker sections of the society.
The function was also attended by Viney Kumar, Executive Director, IDBI Bank, R.V. Iyer, Chief General Manager, IDBI Bank and other senior officials of IDBI Bank.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Bandhan Bank reports 11% growth in Q1
Tue, Jul 21 2026
Maharashtra: Tata Power Secures LOA from SECI for supply of 324 MW power from the 1000 MW Pumped Hydro Storage Project at Bhivpuri
Mon, Jul 20 2026
L&T secures multiple orders across metals and mining sector
Mon, Jul 20 2026
Air India earns global recognition for its digital transformation
Mon, Jul 20 2026