The announcement comes a day after the government allowed companies to use corporate social responsibility (CSR) funds for tackling the disease.
"The bank will engage with various agencies and partners to manage the response to Covid-19 in India. It aims to deploy this fund within the next three months," DCB Bank said in a statement.
DCB Bank remains committed to its CSR initiative for the overall betterment of Indian society and its people. LUX ANSANS