Bharat Financial Inclusion Ltd. (BFIL), a 100% subsidiary of IndusInd Bank, announced that it will be bearing the costs of COVID-19 vaccinations of over 28000 employees of the company in a bid to protect them against the coronavirus. As part of the initiative, the company will be fully reimbursing the vaccination costs to the employees as and when they receive the two mandated doses.
Shalabh Saxena, Managing Director and Chief Executive Officer, BFIL, said, “At BFIL, the welfare of our employees has always been our top priority. Through the COVID-19 outbreak, we devised comprehensive business protocols that ensured the health and safety of our entire employee ecosystem. Microfinance being a high-contact business, it was the courage and perseverance shown by our employees that helped us serve our customers without any major disruption. Covering the vaccine costs is just a small way of expressing our gratitude to them and as the government expands the vaccination drive, we encourage our employees to get themselves vaccinated for the well-being and protection of themselves and their family members.”
BFIL had taken several initiatives through the COVID-induced lockdown to support its employees and the local communities that it closely interacts with on a regular basis. During the lockdown, apart from maintaining stringent safety protocols at branches and offices, it also reached out to local government hospitals and provided free medicines while training and equipping frontline health-workers with protective equipment. The company also contributed a sum of INR 1 Crore Rupees to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) to help fight the unprecedented crisis.