CSR (Corporate Social Responsibility)
SBI Foundation – ‘Service Beyond Banking’
SBI Foundation is a CSR arm of State Bank of India, launched to undertake CSR activities of the Bank and its subsidiaries with a vision to improve the socio-economic wellbeing of the society, particularly of the less fortunate and underprivileged members and enable them to live up to the potential that they all possess. Through the SBI Foundation, SBI aims to continue with its tradition of ‘Service Beyond Banking’.
Focus Areas:
SBI Foundation works in six focus areas- Healthcare, Education, Skill Development, Women Empowerment, Sustainability & Environment, and Rural Development.SBI Foundation is committed to contributing positively to the United Nation’s (UN’s) Sustainable Development Goals (SDGs) Goal by bringing about positive changes in the lives of underprivileged sections of society through sustainable solutions.
Working towards a Brighter Future.
SBI Youth for India Fellowship (YFI) is a flagship program of SBI Foundation. It provides a framework for India's best young minds to join hands with rural communities, empathize with their struggles and connect with their aspirations. YFI has an alumni base of 254 passionate change- makers, 60% of Alumni are associated with the development sector after the fellowship. Every year 100 fellows are enrolled to undertake innovative projects to benefit the rural community.
SBI Gram Seva, a flagship program of SBI Foundation for the holistic development of the villages through the adoption of Gram panchayats. Under this program 10 Gram Panchayat has been adopted, covering 50 villages in 6 states of India. The objectives of the flagship program are:
a. To link and leverage the specific government schemes/services to villages (families)
b. To lay emphasis on digitization and create awareness about online service (including online banking)
c. Improve the basic infrastructure of villages, encourage Panchayat/Village self-governance and create environment for participatory efforts by the people for rural asset creation, community development etc.
Empowering Persons with Disabilities.
Centre of Excellence for PwDs (CoE) is one of SBI Foundation’s flagship programmes.
Centre of Excellence primarily works on empowering PwDs through skill enhancement to make a significant and measurable improvement that enables individuals to enjoy a more productive and satisfying life by optimising their cognitive, physical, social and vocational functioning. CoE has conducted more than 40 inclusive training programs for employees with disabilities from various PSBs. CoE has signed MoUs with 11 organisations namely, RBI Academy, SBI, Bank of Baroda, Union Bank of India, Vijaya Bank, Punjab & Sind Bank, Indian Overseas Bank, Corporation Bank, Indian Bank, UCO Bank and Bank of Maharashtra.
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