Categories: Banking

SBI announces donation of ₹48 lakh for tree plantation

As part of its corporate social responsibility, the State Bank of India (SBI) has partnered with the NGO That’s Eco Foundation to donate ₹48 lakh for the plantation of 32,000 tree saplings at Garden City University in Bengaluru. This initiative aims to contribute to the environment by increasing the green cover and promoting sustainable practices.

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

More About The SBI’s donation of ₹48 lakh for tree plantation:

An MOU has been signed between SBI, Garden City University, and the Eco Foundation for the successful implementation of this project. The plantation project at Garden City University in Bengaluru, is being implemented using the Miyawaki Technique. Developed by Japanese botanist Akira Miyawaki, this technique involves creating dense, native forests that grow 10 times faster and are 30 times denser than usual.

Plants grown using this technique become self-sustaining within 2-3 years and the multi-layered forests help lower temperatures, improve soil quality, support local wildlife, and sequester carbon.

You may also read this:

Find More News Related to Banking

Piyush Shukla

Recent Posts

Today Top 10 Current Affairs 17th November 2024 Questions and Answers

The Daily Current Affairs Quiz which keeps you updated with the current events happening all…

11 hours ago

Top-10 Cities of Asia with the Worst Traffic in 2024

Traffic congestion is a serious problem in many Asian cities, affecting millions of people every…

1 day ago

Which District of Uttar Pradesh is Known as City of God?

Uttar Pradesh is a state rich in culture, history, and religious significance. Among its many…

1 day ago

Do You Know Which Country is Known as the Land of Golden Pagodas?

Many countries around the world have unique nicknames that reflect their culture, history, or geography.…

1 day ago

World Day of Remembrance for Road Traffic Victims 17 November 2024

The World Day of Remembrance for Road Traffic Victims (WDR) is observed on the third…

1 day ago

External Affairs Minister Inaugurates Symbiosis Dubai Campus

On the occasion of the inauguration of Symbiosis International University’s first international campus at Dubai…

1 day ago