SBI employees commit additional Rs 8 cr towards PM-CARES Fund
The donation made by SBI employees by letting go of one day's salary and a day's leave encashment totals at Rs 107.95 crore, the country's largest lender said in a statement.
In March, around 2,56,000 employees of SBI donated Rs 100 crore to the PM-CARES Fund that is created to fight the coronavirus pandemic, it said.
SBI has also committed 0.25 per cent of its annual profit of 2019-20 towards CSR (corporate social responsibility) activities to fight the COVID-19 pandemic, it said.
Public sector companies and their employees have been at the forefront in the fight against COVID-19 and they have generously contributed to the PM-CARES Fund.
At this time of crisis, SBI is taking all efforts to provide best possible banking services to its customers, it said.