Current Affairs - Banking - Discussion

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