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

Tashkent to Host World Para Athletics Championships 2027 in June

World Para Athletics has announced that Tashkent will host the 2027 World Para Athletics Championships.…

9 hours ago

HDFC Life Reappoints Vibha Padalkar as MD & CEO for Five-Year Term

HDFC Life has approved the reappointment of Vibha Padalkar as the Managing Director and Chief…

9 hours ago

Abhishek Sharma First Indian To Do So In IPL History

Abhishek Sharma has delivered the exceptional performance and makes the new record for his century…

9 hours ago

Nancy Grace Roman Space Telescope Enters Final Testing Phase After Assembly Completion

NASA has successfully completed the assembly of the Nancy Grace Roman Space Telescope at the…

10 hours ago

Moody’s Cuts India GDP Growth Forecast to 6% for FY27

Global rating agency Moody's has revised the India's economic outlook and cuts the FY27 GDP…

10 hours ago

Arthur Law Named Young Global Leader 2026 by World Economic Forum

Arthur Law has been named the Young Global Leader (YGL) 2026 by the World Economic…

11 hours ago