Current Affairs - Banking - Discussion

SBI Foundation granted Rs.10 crore for the conservation and restoration of Chhatrapati Shivaji Maharaj Terminus (CSTM) of Mumbai over the period of 3-5 years. Central Railway's Divisional Railway Manager SK Jain and SBI Managing Director PK Gupta signed a MoU. As per the MoU, SBI Foundation will provide Rs.10 crore for the project under the "SBI-Project Swachh Iconic CSMT". Through this project, the Corporate Social Responsibility (CSR) arm of SBI aims to contribute in development and preservation of world heritage structures.