SBI employees pledge Rs.100 crores to PM CARES Fund

In the fight against COVID-19, around 2,56,000 employees of the country’s largest banker, State Bank of India (SBI), have decided to contribute their two days’ salary, to the Prime Minister’s National Relief Fund. With the collective effort and commitment of SBI employees, a fund of Rs.100 crore will be donated to the PM CARES Fund.

In the fight against COVID-19, around 2,56,000 employees of the country’s largest banker, State Bank of India (SBI), have decided to contribute their two days’ salary, to the Prime Minister’s National Relief Fund. With the collective effort and commitment of SBI employees, a fund of Rs.100 crore will be donated to the PM CARES Fund.

SBI had committed 0.25% of annual profit, for FY 2019-20, as a part of its CSR activities to fight COVID-19, last week.

Speaking about the donation, Rajnish Kumar, Chairman, SBI said, “It is a matter of pride for State Bank of India that all our employees voluntarily came forward to pledge their two days’ salary to the PM CARES Fund. This is the time where we all need to combat this battle of Covid-19 outbreak with united efforts. We at SBI, would keep continuing our support to the government, in all its endeavours to address the challenges of this pandemic.”

At this time of crisis, SBI is committed to providing the best possible banking services to its customers in the country and simultaneously striving to help citizens of India in fighting with the spread of Covid-19.

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