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Standard Chartered GBS donates INR 3.4 Cr to support fight against COVID-19
Funds to be utilized to develop testing reagents, provide protective sets, test kits, meals and essentials to vulnerable groups
May 15, 2020: Standard Chartered Global Business Services Pvt Ltd (GBS) has donated INR 3.4 crores to support the fight against the COVID-19 virus in India. Driven by the organizational values #DoTheRightThing and #BetterTogether, GBS has tied up with multiple non-government organization (NGO) partners, to support the country in its fight against the deadly virus.
GBS has extended its support to the National Centre for Biological Sciences (NCBS), a unit of Tata Institute of Fundamental Research (NCBS-TIFR) to develop local reagents, a solution that is used during the RNA testing to detect the virus. GBS has also funded NCBS to support the testing of 2,800 underprivileged people. With United Way, Bengaluru, GBS is funding 2000 protective kits comprising of three-layer masks, disposable shoe covers, surgical gloves etc., and 2000 COVID-19 Test kits that will be handed over to Government Hospitals. GBS has also donated 25,000 face masks to Concern India, who in turn will be handing over these masks to the government hospitals and health workers.
In addition, GBS has partnered with Akshaya Patra in Bengaluru, who will provide all meals for 15,000 people during the 45 days lockdown period. These are migrants, daily wage workers, construction workers, and contract laborers. Apart from the above, GBS has also announced to support all meals and sanitary requirements of the 200 occupants of the Sevalaya old age home and orphanage in Chennai.
As the COVID-19 crisis evolves, the need of the hour is for all of us to come together to counter the threat of this virus that has seen a global outbreak.
Matthew Norris, CEO Standard Chartered Global Business Services said, “These are challenging times, globally and we are doing whatever we can, to help ease the stress for some of the most needy in our communities and support the fight against the COVID-19 pandemic”.
About Standard Chartered Global Business Services Pvt Ltd (India)
Standard Chartered Global Business Services Pvt Ltd (GBS) was established in Chennai, India in the year 2000, with six offices as a first of its kind service center for Standard Chartered Group. Its Bengaluru office was opened in 2017. Today, Standard Chartered Global Business Services Pvt Ltd employs over 21,000 employees.
The Chennai hub provides the backbone of operations while the Bengaluru hub pioneers leading-edge technology solutions, delivering operational excellence across Standard Chartered Bank’s operations
Standard Chartered GBS serves as a center of excellence for the Bank’s presence in around 60 markets around the world, running seamlessly while ensuring clients globally are receiving reliable and secure banking services using state-of-the-art digital technology. Other capabilities of GBS which are setting the benchmark for the banking industry include cybersecurity, cyber forensics, regulatory compliance, and banking operations.
