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MoneyWorks4Me

State Bank of India contributes Rs 11 crore for government’s COVID-19 vaccination drive

02 Mar 2021 Evaluate

State Bank of India (SBI) has contributed Rs 11 crore to the PM-Cares Fund to support the next phase of the government's COVID-19 vaccination drive. The second phase of the COVID-19 vaccination drive started in the country from March 1. Early last year, SBI had committed 0.25 per cent of its annual profit to support the fight against COVID-19 and also made significant contributions in the form of supply of masks, sanitisers among others to the needy. Additionally, SBI employees had contributed Rs 107 crore to the PM-Cares Fund.

SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.

Peers
Company Name CMP
State Bank Of India 961.00
PNB 122.50
Bank Of Baroda 238.50
Canara Bank 118.35
Union Bank Of India 185.20
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