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HSBC India pledges $10 million to support India's covid battle

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MUMBAI : HSBC India on Friday announced financial support of around Rs75 crore ($10 million) to the ongoing efforts in the fight against covid-19.This financial support, it said, will be provided through on-ground non-profits and development agencies in India, focused specifically on front line warriors and marginalized communities at large.

It will be utilized to support projects for providing medical supplies, medical equipment for covid-19 care centres including oxygen supplies, hygiene kits, vaccination, livelihood support and food rations, the bank said in a statement.The bank joins an increasing number of corporates, domestic and overseas, supporting the nation’s fightback against the second wave of the coronavirus.Surendra Rosha,.

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