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KERALA BANK WAIVES LOANS FOR WAYANAD LANDSLIDE VICTIMS
The Daily Guardian
|August 13, 2024
In the wake of the July 30 landslide in Wayanad district, the Kerala Bank Board on Monday decided to waive off entire loans of those who lost their lives, as well as for those whose mortgaged homes and properties were destroyed in the disaster.
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The bank's board of directors made this decision to provide relief to the affected families at its Chooralmala branch.
Earlier on July 30, Kerala Bank had donated Rs 50 lakh to the Chief Minister's Disaster Relief Fund in support of the rescue work. The bank's employees have also voluntarily decided to contribute five days' salary to the Chief Minister's Disaster Relief Fund.
Kerala Chief Minister Pinarayi Vijayan requested the financial support for the rehabilitation of those who lost everything in the Wayanad landslide, as well as assistance to address the challenges posed by climate change from Prime Minister Narendra Modi.
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