HDFC Ltd contributes over Rs.5.40 Crore towards Kerala flood relief

THIRUVANANTHAPURAM : In August this year, Heavy rain and subsequent flood had caused devastation and great difficulty to the State and fellow citizens in Kerala. In recognition of the immense need for rehabilitation, as part of HDFC’s corporate social responsibility the company has committed over Rs 4.50 Crore towards rebuilding and providing rehabilitation to the people in flood affected regions of Kerala. HDFC has committed to construct 100 disaster resilient houses for families, in select villages of Ernakulam District and Alleppey District. The project is being implemented through two local NGO partners in consultation with HDFC, local communities, technical consultants and the panchayat administration.

Further 2600 staff members of HDFC also voluntarily contributed Rs 90.85 lacs, their day’s salary towards the Chief Minister's Distress Relief Fund to support the rehabilitation efforts in Kerala. The cheque for the same was handed over to Mr. Tom Jose, IAS Chief Secretary, Government of Kerala by Matthew Joseph, Member of Executive Management and Salil Kumar N in Thiruvananthapuram, on 7 December 2018.

Mr Keki Mistry, Vice Chairman & CEO , HDFC said “The resilience shown by the people of Kerala has been remarkable in the aftermath of this unfortunate disaster. In this time of adversity faced by the people of Kerala, it is our duty to fully support the efforts in rehabilitating flood victims in the state. We at HDFC are committed to support the people of Kerala and strongly believe that Kerala is poised to emerge stronger, setting the standards for disaster response needs.”

In August 2018, HDFC offered quick Home Improvement Loans to all people whose properties had been impacted by the rains with no processing fees for a limited period.

News Bureau- 12/7/2018 9:43:42 PM


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