State Bank of
Sales (2007-2008) = Rs. 49000 crores (rounded off)
Net profit after tax = Rs. 6700 crores (rounded off)
CSR Budget = Not Available
Karmayog 2008 CSR Rating: 2/5
The Bank is actively involved since 1973 in non-profit activity called Community Services Banking. All our branches and administrative offices throughout the country sponsor and participate in large number of welfare activities and social causes. Our business is more than banking because we touch the lives of people anywhere in many ways.
Our commitment to nation-building is complete & comprehensive.
Community Services Banking
Apart from the normal banking operations, the Bank, as a responsible and responsive corporate citizen, seeks to reinvest part of its profit in various community welfare projects to improve the quality of life of the poor, neglected, weaker and downtrodden sections of society.
In the financial year 2007-08, the Bank made donations aggregating Rs. 8.11 crore to various Relief Funds and also to NGOs / Trusts / Societies for their projects with social orientation. In recognition of its contribution to Rural Community Development, the Bank was awarded the prestigious Reader’s Digest Pegasus Corporate Social Responsibilities Award 2007. Infact, it was the only Bank to have received this recognition.
Under a new scheme named ‘Adoption of the Girl Child’ over 8,300 poor girl children have been adopted by various branches throughout the country to meet their personal and educational expenses. This is not merely a financial assistance scheme but offers emotional and psychological support to the ‘adopted girls’ due to the active involvement and care of the SBI Ladies Clubs.
From the Research and Development Fund, the Bank has so far extended Rs.6.61 crore as research grants to 71 chairs / research projects at various Universities and Academic institutions. For the current year SBI has extended 100000 Sterling Pounds to London School of Economics for establishing an India Observatory and I.G.Patel Chair at their Asia Research Centre in participation with RBI.
http://forms.sbi.co.in/Customer_Service_20080610.pdf - Annual Report 2007-08 pg. 53
State Bank of
State Bank Bhavan
Mumbai 400 021
Phone : 22 – 2288 3888, 2283 0535
Fax : 22 – 22855348
Website : www.sbi.co.in/
Industry Sector: Bank
Products / Services: Banking
Other locations of factories / offices:
14 Local Head Offices and 57 Zonal Offices in
Previous year’s CSR activity & rating: