State Bank of India introduces initiative to adopt villages
India’s largest bank State Bank of India has introduced a Corporate Social Responsibility – CSR initiative called SBI Gram Seva.
The initiative will work in the areas of health, education, environment and build proper buildings and roads in villages.
The SBI Foundation will find and tie up with NGOs to carry out the CSR activities under which, it will adopt five villages each from 10 village panchayats. Also, each village will get Rs 2.40 crore over the next three years.
In the start, 50 villages in six states have been adopted and the bank plans to adopt 100 gram panchayats (local self-government organisations) in the next three years.