Mumbai based multi-state scheduled bank, Citizen Credit Cooperative Bank has donated Rs 11 lakh each to the Maharashtra CM Relief fund and the PM Cares fund.
The news was shared by Citizencredit Cooperative Bank, CEO, Chirstopher Mendoza with Indian Cooperative. The bank has also provided Rs 1 lakh to an NGO for providing the food packets to the needy of society.
Mendoza said “In order to help the government fight against the coronavirus, we have contributed Rs 11 lakh each to the CM Relief fund and the PM Cares fund. Besides, the bank’s employees are also contributing their one day’s salary which is nearly Rs 8 lakh. This will be donated to the CM Relief fund”, he added.
The bank was established as Bombay Urban Catholic Credit Society on May 8, 1920. The bank has 46 branches spread over Maharashtra, Goa and Union Territory of Daman.
Don’t know the reason behind donating this amount but mot a wise decision specially PM CARES FUND
Firstly, CitizenCredit Co op Bank should learn to treat their employees fairly before you lend a helping hand to others in need. I am an ex-employee and my last working day stated on my letter with this organization was on the 29th November 2019. But I was relieved on 22nd November 2019 by the management which is just 6 days before receiving the annual bonus which was given to all employees on 28th November 2019. I am entitled to receive the bonus as the bonus received is for financial year 2018-19 for which I was present and have given my best to this organization. I was relieved from my duties on the day I was not even present at work and a relieving letter was sent on my email id. I was shocked as I was not notified prior by letter/email about my relieving date until I seen my relieving letter which was sent to my email id. This is a very unprofessional behavior by the management. I have given my 7 years of service to this organization and at the end of my term I receive such an horrifying farewell. Refrain from giving me the yearly bonus which is a cheap act and a bitter truth.