Categories: Agreements

SBI signed MoU with Kendriya Sainik Board

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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