Infocomm Infocomm
24th NBFC100 TECH SUMMIT AWARDS 24th NBFC100 TECH SUMMIT AWARDS
BFSI AI SUMMIT BFSI AI SUMMIT
Home Regulators RBI SEBI TechINFRA Security Data Centre Cloud Services Government Reforms DBT Aadhaar GST Payments Payment Gateways ATM Point of Sale Payment Wallets Fintech Apps Banks Public Sector Private Sector Cooperative NBFCs Year Ender Magazine Magazine Subscription Articles Interviews Webinars Webinar Videos Video Series — Innovation Talk Upcoming Initiatives BFSI Events About Us Contact Us

Saraswat Bank donates Rs 1 cr to Maharashtra govt for drought relief

Drought...In a bid to help citizens affected by drought, Saraswat Bank, country’s largest urban co-operative bank has announced donation of Rs 1 crore towards drought relief in Maharashtra. The bank recently crossed a total business of Rs 50,000 crore.

The bank has donated Rs 50,00,000 each to the Chief Minister’s Drought Relief Fund, Maharashtra and to the NAAM Foundation, an NGO run by actors Nana Patekar and Makarand Anaspure. The NGO is working to alleviate the impact of drought. Drought is posing serious situation in many parts of the country including Maharashtra where people are reeling under extremely harsh conditions because of scarcity of water.

AdvertisementElets BFSI AI Summit & Awards, Mumbai

Vice Chairman of the bank, Gautam E Thakur handed over a cheque of Rs 50,00,000 to Chief Minister of Maharashtra, Devendra Fadnavis. Another cheque of Rs 50,00,000 was handed over to Nana Patekar, Founder, NAAM Foundation by bank’s Director, Kishore Rangnekar.

AdvertisementSAAS

Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/

Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram.

Our Coverage of Banks

Federal Bank Joins MCA SPICe+ Portal for New Company Accounts

Federal Bank on 6 November 2026 announced that it has been empanelled on the Ministry of Corporate Affairs’… Read more →

OneStack Raises ₹12.5 Crore for Cooperative Bank UPI Rails

OneStack, a Mumbai-based fintech infrastructure provider to cooperative banks, has raised ₹12.5 crore in a round led by… Read more →

Bank of Baroda to Lift Tech Spend Above 10% After Cyber Breach

Bank of Baroda will push its technology and cybersecurity spending above its long-standing cap of 10% of operating… Read more →

Suresh N. Patel to Head High Level Committee on Banking

The Government of India has set up the High Level Committee on Banking for Viksit Bharat, with former… Read more →

Indian Banks Report Up to 50% Gains From AI Deployments

Indian banks are reporting gains of 10% to 50% in productivity, turnaround time and operating costs from artificial… Read more →

City Union Bank Q2 FY27 Profit Rises 27% to ₹416 Crore as NII Jumps 31%; NIM Improves to 3.87%, Net NPA Falls to 0.48%

City Union Bank has reported a 27 per cent year-on-year rise in net profit to ₹416 crore for… Read more →

whatsapp--v1