From RBI & govt banks to LIC, Rs 205 crore to PM Cares from salaries
IT’S NOT just a wide range of central educational institutions, at least seven public sector banks, seven other leading financial institutions and insurers, and the RBI, have together contributed Rs 204.75 crore from their staff salaries to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM CARES) fund, RTI records accessed by The Indian Express show.
Of these, records show, Life Insurance Corporation of India (LIC), General Insurance Corporation of India (GIC) and National Housing Bank also contributed over Rs 144.5 crore separately from their Corporate Social Responsibility (CSR) allocation and other provisions.
This takes the total contribution from the 15 government banks and institutions that responded to RTI queries from The Indian Express to Rs 349.25 crore.

The Prime Minister’s Office, which manages the fund, has declined to furnish details of contributions received, saying that PM CARES is “not a public authority under the…RTI Act”.
Topping the list of public sector banks and institutions that responded to RTI queries (see chart), LIC alone gave Rs 113.63 crore to PM CARES under various categories: Rs 8.64 crore from staff salaries, Rs 100 crore under “Corporate Communication” and Rs 5 crore under “Golden Jubilee Foundation”.
Records show that LIC’s contribution of Rs 100 crore was made on March 31 — Rs 5 crore, too, was donated in March but with no date specified in the response.
SBI topped the seven public banks that responded to RTI queries with a contribution of over 107.95 crore — the first tranche of Rs 100 crore was paid on March 31. In its response, SBI, which is the largest banker in the country, stated that its entire contribution was from the salaries of its employees.
The national banking regulator, RBI, stated that its Rs 7.34 crore was from “contribution by employees”.
PM CARES was set up on March 28 this year following the Covid outbreak and had a corpus of Rs 3,076.62 crore by March 31 itself, of which Rs 3,075.85 crore were listed as “voluntary contributions”, according to its official website.
On August 19, The Indian Express had reported that 38 PSUs used their CSR funds to together contribute over Rs 2,105 crore. Five days ago, this newspaper reported that several central educational institutions and regulators contributed Rs 21.81 crore in the form of “voluntary contributions” from salaries of teaching and non-teaching staff, and from students and pensioners.
RTI replies received by The Indian Express from banks and financial institutions detailing their contributions from staff salaries and related benefits show:
* Canara Bank did not provide any detail other than to state that its Rs 15.53 crore was the “total amount contributed”.
* Union Bank of India (Rs 14.81 crore): one-day privilege leave encashment of employees.
* Central Bank of India (Rs 11.89 crore): two-day privilege leave encashment of employees.
* Bank of Maharashtra (Rs 5 crore): one-day salary and two-day leave encashment of employees.
* SIDBI, Small Industries Development Bank of India, (Rs 80 lakh): “voluntary contribution from salary” of employees.
* GIC (Rs 14.51 lakh): “one-day salary” of employees.
* IRDAI, Insurance Regulatory and Development Authority, (Rs 16.08 lakh): “voluntary contribution” by employees.
* NABARD, National Bank for Agriculture and Rural Development, (Rs 9.04 crore): salaries of “employees and retired employees”.
* National Housing Bank (Rs 3.82 lakh): “employee contribution”.
Apart from LIC, those who also contributed from sources other than staff salaries include: GIC with Rs 22.8 crore from CSR; SIDBI with Rs 14.2 crore from CSR; and, National Housing Bank with Rs 2.5 crore from CSR.
The RTI queries were sent in August and the responses were received this month. EXIM Bank, which is wholly owned by the government, did not provide any detail under the RTI request but its annual report for 2019-20 states that it contributed Rs 1 crore to the fund.
Please note that under 66A of the IT Act, sending offensive or menacing messages through electronic communication service and sending false messages to cheat, mislead or deceive people or to cause annoyance to them is punishable. It is obligatory on kemmannu.com to provide the IP address and other details of senders of such comments, to the authority concerned upon request. Hence, sending offensive comments using kemmannu.com will be purely at your own risk, and in no way will Kemmannu.com be held responsible.
Similarly, Kemmannu.com reserves the right to edit / block / delete the messages without notice any content received from readers.
LENTEN RETREAT | St. Theresa Church, Kemmannu | Udupi - Feb 25

Nisarga Point Fernandes Leisure & Resort inaugurated at Moodukudru, Kallianpur, Udupi

Final Journey of Joseph Simon Monis (67 years) | LIVE from Pamboor | Udupi

Final Journey of Josephine Pinto (79 years) | LIVE from Sasthan | Udupi

Final Journey of Mr. Michael Braganza (86 Years) | LIVE From Kundapura

Milarchi Lara, Milagres Cathedral, Kallinapur, Udupi District - Parish Bulletin_ January 2026

Rozaricho Gaanch Jan 2026 Issue From Mount Rosary Church, Kallianpur, Santhekatte, Udupi.

Final Journey of Veronica Precilla D’Souza (76 Years) | LIVE From Kallainpur

inal Journey Of Rosy Lewis (99 Years) | LIVE from Milagres, Kallianpur, Udupi

Final Journey Of George Miranda (79 Years) | LIVE from Udupi

Final Journey of Mr. Lawrence D,Almeida (77 years) | LIVE from Kemmannu | Udupi

Vespers 2026 | St Theresa’s Church, Kemmannu | Udupi

Annual Church Feast 2026 | St Theresa’s Church, Kemmannu | Udupi

IN Final Journey Of Prescilla Quadros (83 Years) | LIVE From Kemmannu | Udupi

Vespers 2026 | Mount Rosary Church, Santhekatte | Udupi

Annual Church Feast 2026 | Mount Rosary Church, Santhekatte | Udupi

Final Journey of Cecilia Menezes( 88 Years ) | LIVE From Kemmannu | Udupi

New year Mass | St. Theresa Church, Kemmannu | Udupi

Christman Mass | St. Theresa Church, Kemmannu | Udupi

Silver Jubilee Rev. Bishop Gerald John Mathias and Golden Jubilee Rev. Sr. Jaya Mathias, Milagres, Udupi

Annual Day Calebration 2025 | Carmel English School, Kemmannu

Final Journey Of Francis Paul Quadros (59 Years) | LIVE From Udupi

Land/Houses for Sale in Kaup, Manipal, Kallianpur, Santhekatte, Uppor, Nejar, Kemmannu, Malpe, Ambalpady.

Focus Studio, Near Hotel Kidiyoor, Udupi

Earth Angels - Kemmannu Since 2023

Kemmannu Channel - Ktv Live Stream - To Book - Contact Here

Click here for Kemmannu Knn Facebook Link
Sponsored Albums
Exclusive
Nisarga Point Fernandes Leisure & Resort inaugurated at Moodukudru, Kallianpur, Udupi
’In Aid of Goretti Hospital Mega Joshal DSouza Musical Nite’ on Easter Sunday at Mount Rosary, Kallianpur
A Shepherd Raised by Grace: Rev. Dr Leslie Clifford D’Souza Appointed Bishop of Udupi
Annual Day Celebrated at Carmel English School, Kemmannu
Save Swarna River By Dr Gerald Pinto, Kallianpur
Udupi: Cooking without fire competition at Kemmannu Church [Video]
A ‘Wisdom Home of Memories’, a heritage Museum in Suratkal, Mangaluru
Celebrating 50 Years of Devotion: Iconic Konkani Hymn Moriye Krista Maye Marks Golden Jubilee
Arrest of Nuns’ at Chhattisgarh - Massive Protest Rally in Udupi Echoes a Unified Call for Justice and Harmony [Video]
TODAY -

Write Comment
E-Mail To a Friend
Facebook
Twitter
Print 