HindustanTimes Fri,21 Nov 2014

SBH allocates Rs. 10 cr for CSR programmes in 2014-15

PTI  Vijayawada, August 13, 2014
First Published: 12:37 IST(13/8/2014) | Last Updated: 12:41 IST(13/8/2014)

State Bank of Hyderabad has allocated Rs. 10 crore towards its corporate social responsibility programmes for this financial year, its managing director Santanu Mukherjee said.


"The bank has allocated Rs. 10 crore towards CSR programmes to take up social activities in the current financial year," Mukherjee said at a function in Vijayawada on Wednesday.

On the occasion, he presented 100 traffic barricades to Vijayawada Traffic Police.

He said previously the bank had provided 200 such traffic barricades to the city police as part of the social responsibility of the bank.

The bank also contributes funds for ambulances, school vans, etc as a part of CSR, he said.

The bank had also contributed to chief minister's relief funds for Uttarakhand, Odisha and Andhra Pradesh last year, when the three states suffered natural calamities, he added.

more from Business

SBI defends $1 billion loan to Adani for Oz coal project, BJP steers clear of controversy

Amid controversy over sanctioning a $1 billion loan (nearly Rs 62,000 crore) to Adani Group, SBI said Thursday it had only signed a preliminary MoU and will disburse the money only after proper due diligence.

Most Popular
Copyright © 2014 HT Media Limited. All Rights Reserved