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.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Important takeaways for all competitive exams:

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

Find More News Related to Agreements

Sumit Arora

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.

Recent Posts

ONGC Strikes Gas in Mahanadi Offshore Under Samudra Manthan

State-owned Oil and Natural Gas Corporation (ONGC) has made gas discovery in the deepwater basin…

29 seconds ago

Sagarmala Finance to Launch India’s Maiden Blue Bond

India will see its maiden blue bond issue as Sagarmala Finance Corporation seeks to raise…

11 minutes ago

RBI Issues Basel III Market Risk Capital Directions 2026 for Commercial Banks

The Reserve Bank of India (RBI) has issued the Reserve Bank of India (Commercial Banks…

11 minutes ago

Agasthyamalai Biosphere Reserve Records 3,261 Flowering Plant Species

A new comprehensive checklist of flowering plants in the Agasthyamalai Biosphere Reserve (ABR) in the…

19 minutes ago

India-New Zealand FTA to Take Effect From October 20, 2026

The India-New Zealand FTA will come into effect on October 20, 2026, heralding a new…

31 minutes ago

Jayanti Prasad Takes Additional Charge as IBBI Chairperson

Jayanti Prasad, a Whole-Time Member of the Insolvency and Bankruptcy Board of India (IBBI), has…

41 minutes ago