BackICICI Bank to bear vaccine cost for staff, kin
The lender joins corporates like Infosys Ltd and consulting and outsourcing services provider Accenture Plc which have said they will cover covid-19 vaccination costs for their employees in India
PremiumMUMBAI: Private sector lender ICICI Bank on Wednesday said it will reimburse the cost of two-dose covid-19 vaccines for its employees and their dependent family members. Vaccines administered at government health facilities are free, while private facilities charge ₹250 per dose.
With this, ICICI Bank joins corporates such as Infosys Ltd and consulting and outsourcing services provider Accenture Plc, which have decided to foot vaccination bills for their employees in India, and Reliance Industries Ltd, which will cover the cost of vaccination for all its employees, their spouses, children and parents.
ICICI Bank appreciates and recognizes the efforts shown by employees during the ongoing pandemic, group chief HR officer T.K. Srirang said.
“Team ICICI has time and again emerged with renewed strength and responded to their call of duty to serve the nation as an essential service. They have been inspiring throughout the tough times of the recent pandemic with their unbreakable spirit and passion towards service," Srirang said in a statement.
Several Indian companies, including Mahindra Group and consumer goods giant ITC Ltd had already started considering buying vaccines for their employees as early as in January.
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