SBI Gives Leg-up to CSR Initiatives

State Bank of India has launched a CSR (Corporate Social Responsibility) initiative, SBI Gram Seva, which will work in the areas of health, education, environment and rural infrastructure.

The SBI Foundation will identify and partner with NGOs to carry out CSR initiatives under which it adopt five villages each from 10 village panchayats with each village getting around Rs 2.40 crore over the next three years.
Important Takeaways from Above News-
  • Initially, 10 gram panchayats comprising of 50 villages in six states have been adopted.
  • The Chairman of SBI is Smt. Arundhati Bhattacharya.
  • SBI is Headquartered in Mumbai, Maharashtra.
Source- Business Standard

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