Home Press Release CSR News – SBI Foundation commits 30 crores for COVID-19 relief

CSR News – SBI Foundation commits 30 crores for COVID-19 relief

As the Nation faces an unprecedented challenge, true to its vision and mission SBI Foundation, the CSR arm of State Bank of India, has committed INR 30 crores to implement various COVID relief programmes all across India. SBI Foundation has geared up to assist in the war against COVID and has planned the following interventions:
– Food relief support
– Strengthening healthcare infrastructure
– Capacity building of healthcare workers
– Research on COVID related projects in tie up with IISc.
To implement these initiatives, SBI Foundation has set up a new flagship programme on Health. Distribution of ventilators, PPEs etc to critical hospitals and supply of 10,000 freshly cooked meals daily in 4 centres of India have already been initiated.
Launching of Project Echo India in partnership with ECHO India and MoHFW to provide training and mentoring to 50000 healthcare professionals across various states, has been another achievement by SBI Foundation. Another new program is the India COVID-19 Healthcare Alliance (ICHA) with USAID, a health care initiative to supplement the efforts of the State and Central Governments.
Rajnish Kumar, Chairman, SBI stated, “We, at SBI, have always believed in giving back to the society and the nation. Today, when the COVID-19 pandemic has posed unprecedented challenges for everyone, we hope our humble initiatives would make a difference in our collective fight against COVID-19. SBI is constructively engaging in collaborative and proactive action to fight the COVID-19 pandemic in India. Our pensioners have gone the extra mile by contributing generously to the COVID relief fund in response to my appeal and have become a true force for good at this time of national crisis.”
SBI Mahila Samiti President, Reeta Agarwal, exhorted the wives of employees to donate for the cause and there was overwhelming response, resulting in huge collections. The funds will be used to supply ventilators to critical hospitals all across India and in providing food kits to the needy.
Mrs. Agarwal said, “This contribution signifies that the ladies club members all over India vigorously rallied and united to mobilize funds to support those suffering from the effects of COVID-19. I believe it is our duty as relatively more fortunate citizens of India, to rise to the occasion to mitigate the pain and anguish of our fellow citizens.”
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