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30-Nov2017

Lupin Foundation planning to open 2 lakh bank accounts in rural areas by 2020

Lupin Human Welfare and Research Foundation, part of pharma major Lupin, is planning facilitate opening over 2 lakh bank accounts through its financial inclusion programme in rural areas by 2020. As part of the initiative in partnership with State Bank of India, the company will provide banking solutions to the poor and farmers at its kiosk centres spread across Rajasthan.

Since 2010, the foundation has opened 2.4 lakh SBI bank accounts by sending its banking correspondents to about 495 villages.

Lupin is an innovation led transnational pharmaceutical company developing and delivering a wide range of branded & generic formulations, biotechnology products and APIs globally.


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