DBS Bank India, TRRAIN partner to facilitate youth employment

DBS Bank India

In a bid to create better employment and livelihoods, DBS Bank India has entered into a strategic alliance with TRRAIN (Trust for Retailers & Retail Associates of India), a non-profit engaged in training and placement of youth in e-commerce & retail sectors. The partnership will help support youth from low-income households in getting long-term employment opportunities.

As a part of this partnership, DBS will be facilitating the skills training and employment of individuals affected by the pandemic and persons with disabilities via a one-year-long pan-India program, a combination of classroom and online training sessions. The training will be conducted at TRRAIN centres across major cities such as Mumbai, Chennai, Delhi-NCR region, Bengaluru, Kolkata, Ahmedabad, among others.

Once the training is complete, candidates will get recruited by leading industry partners in the retail and e-commerce sector across Tier-1 and Tier-2 cities. The program focuses to train and secure jobs for over 800 individuals by the end of 2021.

Shoma Narayanan, Executive Director – Group Strategic Marketing & Communications, DBS Bank India, said, “DBS is committed to making meaningful contributions to society and creating a lasting impact beyond banking. We are actively engaging with initiatives to build back better in the aftermath of the pandemic. Our partnership with TRRAIN is one such initiative as it will help upskill youth as well as the differently-abled and facilitate access to job opportunities.”

Also Read: DBS Bank planning to alter India branches in 2-3 years: Report

“Trust for Retailers and Retail Associates of India is happy to join hands with DBS Bank in our efforts to create sustainable livelihoods for persons with disabilities and underprivileged individuals. With DBS Bank’s support, we will be impacting the lives of 400 persons with disabilities and 425 underprivileged young individuals by providing them with employment opportunities in retail. We look forward to an impactful and continued CSR collaboration with DBS Bank”, said B S Nagesh, Founder & Settlor, TRRAIN and Ameesha Prabhu, CEO, TRRAIN.

The partnership with TRRAIN is the most recent steps announced by the bank as part of the ‘DBS Stronger Together Fund’, a global SGD 10.5 million fund set up by DBS in 2020 at the outbreak of COVID-19 to help sections of the society across the region that were hard hit by the pandemic. With the help of this the fund, the bank will offer about 4.5 million meals and care packs to affected individuals across Singapore, Hong Kong, China, India, Indonesia, and Taiwan. DBS also introduced the ‘Towards Zero Food Waste’ initiative in 2020 to encourage a shift in behaviours and mindsets to reduce food waste. The bank’s commitment towards zero food waste aims to build a sustainable, food-secure future and aligns with its three sustainability pillars – responsible banking, responsible business practices and creating social impact.

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