Synopsis: Bank of Baroda has contributed Rs. 2 crore to the Armed Forces Flag Day Fund under its CSR initiatives. The contribution will support educational scholarships for over 800 children of ex-servicemen and martyrs.
Bank of Baroda Contributes Rs. 2 Crore to Armed Forces Welfare Fund
New Delhi: Bank of Baroda has contributed Rs. 2,00,16,000 to the Armed Forces Flag Day Fund (AFFDF), managed by the Kendriya Sainik Board under the Ministry of Defence, as part of its Corporate Social Responsibility (CSR) efforts.
Support for Children of Ex-Servicemen and Martyrs
The contribution will be used to provide educational scholarships to 834 children of ex-servicemen, martyrs, and their widows. The initiative aims to reduce financial barriers and promote access to quality education for beneficiaries.
Cheque Handover Ceremony
The cheque was handed over by Ms Beena Vaheed, Executive Director of Bank of Baroda, to Shri D. S. Basera, VSM, Secretary of the Kendriya Sainik Board.
The event was attended by Shri M. V. S. Sudhakar, General Manager and Zonal Head of Bank of Baroda, New Delhi Zone.
About Armed Forces Flag Day Fund
The Armed Forces Flag Day Fund is a key initiative that supports the welfare of armed forces personnel, veterans, and their families. The funds are utilised for education, rehabilitation, and financial assistance programmes.
Commitment to Defence Families
Through this contribution, Bank of Baroda has reaffirmed its commitment to supporting the families of defence personnel.
The bank emphasised that it will continue to undertake initiatives that honour the sacrifices of the armed forces and contribute to their long-term welfare and development.
📌 Key Takeaway
Bank of Baroda donated Rs. 2 crore to support education for children of ex-servicemen and martyrs, reinforcing its commitment to the welfare of defence families through CSR initiatives.