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South Indian Bank has become the first private bank to join hands with the Kochi Biennale Foundation (KBF), pledging ₹1 crore to support the upcoming Kochi-Muziris Biennale 2016.
A ‘Memorandum of Understanding’ formalising South Indian Bank’s status as CSR partner to the Foundation was signed on Wednesday between its managing director V.G. Mathew and KBF president Bose Krishnamachari. The first tranche of the donation was handed over at the event.
“It is indeed a matter of prestige for South Indian Bank to be associated with Kochi-Muziris Biennale 2016 under its CSR initiative. Based out of the cultural capital of Kerala, we have been associated with numerous cultural initiatives especially in Kerala. But, the scale and sweep of Biennale is of a different class altogether,” he added.
“Art and culture brings together social responsibility and an aesthetic rejuvenation. I would like to welcome and thank South Indian Bank’s contribution to building an aesthetic ecosystem and its generosity and patronage to encourage the KBF,” Krishnamachari said.
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