Arts & Entertainment

Standard Chartered Private Bank launches "Art for Sight"

NetIndian News Network

Mumbai, October 7, 2013

Standard Chartered Private Bank has launched "Art for Sight", an online art auction to raise funds for "Seeing is Believing", its global programme to help tackle preventable and curable blindness.
The programme was launched in 2003 to celebrate the bank’s 150th anniversary and celebrates its tenth anniversary in 2013.
A press release from the bank said it has partnered with, an online auction house to host the art auction on October 10 and 11.
More than 150 works by renowned artists such as M. F. Hussain, S. H. Raza, F. N. Souza, Akbar Padamsee, Ram Kumar, Krishen Khanna, Anjolie Ela Menon, and Paresh Maity will be up for auction. Art from newer, modern and contemporary artists will also be available.
All proceeds over and above the list price will go towards Seeing is Believing, with the bank matching dollar for dollar, the release said.
The base price of the works is approximately a million dollars and the auction is open to clients and prospects of the bank, it said.
Mr Sanjeeb Chaudhuri, Regional Head South Asia and Chief Marketing Officer, Consumer Banking, Standard Chartered Bank said: “We believe that with wealth comes responsibility. There are 45 million blind people in the world; 80% of blindness is avoidable (preventable or treatable). In India alone, ‘Seeing is Believing has benefitted close to 5.5 million people. Through this initiative with our clients, we hope to continue to make a positive difference in the communities in which we live and work.”
Seeing is Believing is a collaboration between the International Agency for Prevention of Blindness and Standard Chartered, to fund sustainable eye-care services in areas of poverty and high need across the world.
In India, in partnership with non-government organisation partners, the bank provides poor communities access to eye care services through 74 vision centres across 10 states, through an investment of $ 4.9 million. The bank has committed additional spends of $ 6 million until 2020.

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