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SBI employees pledge Rs. 100 crore to PM CARES Fund

Around 256000 employees to donate two days’ salary to fight the coronavirus pandemic

Mumbai – March 31, 2020: In the fight against COVID-19, around 2,56,000 employees of thecountry’s largest lender, State Bank of India (SBI) have decided to contribute two days’ salary to the Prime Minister’s National Relief Fund. With this collective effort and commitment of SBI employees, Rs.100 crore will be donated to the PM CARES Fund which is created to fight the coronavirus pandemic.

Last Week, SBI had committed 0.25% of annual profit for FY 2019-20 as a part of its CSR activities to fight COVID-19.Rajnish Kumar, Chairman, SBI said “It is a matter of pride for State Bank of India that all ouremployees voluntarily came forward to pledge their two days’ salary to the PM CARES Fund. This isthe time where we all need to combat this battle of Covid-19 outbreak with united efforts. We at SBI would keep continuing our support the government in all its endeavours to address the challenges ofthis pandemic.”

At this time of crisis, SBI is committed to provide 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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