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The SBI will be spending Rs. 141 crore on Corporate Social Responsibility (CSR) activity this year. All PSUs are expected to allot 1% of its net profit for CSR.
As part of CSR, the Mysore unit of the SBI has donated an Ambulance to Sneha kiran Society of Mysore and a Braille Printer to Divya Jyoti Charitable trust.It has also conduced 24 medical and health awreness camps and 12 cultural programmes and will also sponsor world cup tournament for the blind. Similar activities will be organised in other units of SBI also.
What about the Corporate Social responsibilities of the private sector corporates?