The chief managing director of IDBI Bank, Raghavan donated Rs 1.63 crore including Rs 63 lakh collected with employees donating their one day's salary, to the Chief Minister’s Relief Fund towards immediate relief for the disaster affected people. Raghavan handed over the cheque to Chief Minister Vijay Bahuguna in Dehradun on Wednesday. The bank's deputy managing director BK Batra was also present on the occasion.
Uttarakhand and the adjoining mountainous areas witnessed incessant rains, about 375 per cent more than the average benchmark rainfall in the region during the monsoon season, during June 14– 17.
Speaking on the occasion, Raghavan said, “The unprecedented degree of the calamity and subsequent grief of the sufferers are of colossal magnitude. The contribution to the Chief Minister’s Relief Fund is a modest effort by IDBI Bank and its employees to express and demonstrate our solidarity with the State Government, towards reducing the suffering of the affected populace as a conscientious and responsible corporate citizen of India.”