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Wednesday, August 29, 2012

SBI, SBBJ donate Rs 4 crore for relief in Rajasthan

State Bank of India (SBI) and State Bank of Bikaner and Jaipur (SBBJ) on Wednesday donated Rs 4 crore to the Chief Minister’s relief fund for works in flood hit areas in Rajasthan.

Rains causing floods displaced several people in the state.

SBBJ, MD, Shiva Kumar and SBI, CGM, Zonal office, B Sriram handed over cheques of Rs. 2 crore (each) to Chief Minister, Ashok Gehlot.

Senior officers of the bank were also present on the occasion at the Chief Minister’s office.

Sriram told reporters that the financial assistance was provided for relief works in rain-hit areas of the state.

The bank uses minimum one per cent of its profit for activities under corporate social responsibility, he said.

In reply to a question, he said the bank which has 325 branches in Rajasthan targets to add 25 more branches in the state during the current fiscal.


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