Current Affairs - Banking - Discussion

State Bank of India launched a CSR (Corporate Social Responsibility) initiative, SBI Gram Seva, which will work in the areas of health, education, environment and rural infrastructure. It will identify and partner with NGOs to carry out CSR initiatives under which it adopts five villages each from 10 village panchayats with each village getting around Rs 2.40 crore over the next three years. Initially, 10-gram panchayats comprising of 50 villages in six states have been adopted.