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SBI signed MoU with Kendriya Sainik Board

Sumit Arora Published On December 10th, 2021 Leave a comment

State Bank of India (SBI) has signed an MoU with Kendriya Sainik Board to support and educate the children of war veterans, ex-servicemen, and war widows. India’s largest bank said it will provide a grant of ₹ 1,000 per month to 8,333 war veterans’. The bank has contributed ₹ 10 crores to the Armed Forces Flag Day Fund. The Armed Forces Flag Day is celebrated on December 7. According to the statement, the bank has contributed ₹10 crores to the Armed Forces Flag Day Fund. The Armed Forces Flag Day is celebrated on December 7.

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State Bank of India Founded: 1 July 1955;
State Bank of India Headquarters: Mumbai;
State Bank of India Chairman: Dinesh Kumar Khara.

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Sumit Arora

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As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.