Ek Mutthi Chawal

Fullerton India donates 22,400 kg of rice and grains to the underprivileged through ‘Ek Mutthi Chawal’ initiative

Fullerton India donates 22,400 kg of rice and grains to the underprivileged through ‘Ek Mutthi Chawal’ initiative

– On the occasion of Dhanteras, ‘Ek Mutthi Chawal’ initiativewas carried out across 150+ offices of Fullerton India pan-India

Hyderabad, 23November 2018: Fullerton India Credit Company Limited (Fullerton India), a leading non-banking financial company with a strong pan-India presence,donated 22,400 kg rice and grains this Dhanteras as part of its “Ek Mutthi Chawal – A handful of rice” initiative. This year, the initiative marked its third successful edition withdonation from 4,000 employees of Fullerton India, impacting 6,000underprivileged children across the country. Fullerton India executed this in partnership with several local and state-level NGOs working for underprivileged children and orphanages, to reinstate its commitment to improving the lives of economically weaker sections of society.

Commenting on this initiative, Ms. Shilpa Desai, General Manager and Head- Marketing and Cross Sell, Fullerton India said,“Approximately 15% of the country’s population is undernourished, with one in every four children being malnourished anddevoid of basic necessities like food for sustenance. At Fullerton India, we are in cognizance of this issue and launched “Ek Mutthi Chawal- A handful of rice” three years ago to address the growing concern. In alignment with our endeavour to contribute towards enhancing the socio economic status of underserved communities, this initiative helps us expand our outreach to the deprived sections of society. Further, we believe in an inclusive culture at our workplace and this allows every employee, irrespective of hierarchy, to take the onus of spreading festive cheer in their own capacity.”

In the previous years, Fullerton India impacted 4,000 lives across the country by donating 10,000 kg of rice in association with various partner NGOs.

Some of the other CSR initiatives by Fullerton India include programmes like Jeevika for vocational training for women and Pashu Vikas for cattle care camps, health initiatives like Safepad- reusable sanitary napkins for promoting hygiene among women in the hinterlands, educational programmes like Gurukul – basic skill training courses to facilitate the employment of youth and Sakhi- a financial literacy program for women, and environmental initiatives like Krishi Mitra – organic farming and bee keeping programmes, amongst others.

About Fullerton India Credit Company Limited:

Fullerton India Credit Company Limited (Fullerton India) is one of India’s leading Non-Banking Finance Companies (NBFC). The total standalone revenue of the Company for the fiscal year ending March 2018 stood at Rs. 2,749 crore. As on 30thSeptember 2018, the standalone AUM of the Companystood at Rs. 19,060crore, serving over 28 lakh customers through a widespread network of 596 branches spread across 22 states and 3 union territories, reaching out to 600 towns and over 58,000 villages in the country. Fullerton India offers several retail finance products for varying needs of customers ranging from rural households to SMEs, in the locations it serves. In December 2015, Fullerton India launched its housing finance Company – Grihashakti. The Company is headquartered in Mumbai and operates through 64 branches spread across 9 states – Gujarat, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan, Tamil Nadu, Andhra Pradesh, Telangana and West Bengal. Fullerton India is a wholly-owned subsidiary of Fullerton Financial Holdings, Singapore, which is again a subsidiary of Temasek Holdings, Singapore.