SBI and SBBJ contribut to the CM flood relief fund in Rajasthan
By Vaibhav Aggarwal
Aug 30, 2012
Print    Email    RSS   

The leading bank of the country, State Bank of India and its associate bank, State Bank of Bikaner and Jaipur (SBBJ) have contributed Rs. 4 crore to the Chief minister's relief fund. The donated amount would be used for the betterment of those affected by the recent floods in Rajasthan.

Incessant rains had caused flash floods, which had displaced a large number of people in several regions of the state.

Both the banks presented cheques of Rs. 2 crore each to the chief minister Mr. Ashok Gehlot. SBBJ was represented by Mr. Shiva Kumar, Managing Director; while Mr. B Sriram, chief general manager, zonal office represented SBI. Other senior bank officials were also present.

The funds would be used to provide relief work in the state, said Sriram. The banks are mandated to contribute atleast 1% of their bottomline towards corporate social responsibility.

He further added that SBI currently has 325 branches in the state, and intends to add 25 more branches during the financial year.

(Comments Posted : 0) Post Your Comments
Show All Comments
 Select a product:

 Select a product:

A chronicle of excesses by loan recovery...
An analysis of alternatives to personal loans
Benefits and drawbacks of personal loans...
Pay income tax through ATM
12 point conduct checklist for bank and...

HOTEL: CaℒL Giℛℒs In Kharar 09855660911...
Model Escoℛts Service In Pune 8888IOO484 Caℓℓ...
What is the outstanding Amount for my personal loan

LVB bank joined hands with NCML Feb 18, 2015
Syndicate Bank hiring 5000 new staff Feb 12, 2015
SBI donated Rs 8.6 cr as a part of CSR activity Feb 11, 2015
Canara Bank tied up with NHBC Feb 9, 2015
Hiring for Probationary clerks in South Indian Bank Feb 5, 2015
News Archive