SBI funds healthcare, green mobility initiatives under CSR in Tirupati
State Bank of India (SBI) has launched several CSR initiatives in Tirupati, including funding a paediatric intensive care unit and donating electric buggies to IIT Tirupati. Additionally, the bank provided sewing machines to support vocational training for women.
Why it matters
These projects demonstrate the role of large financial institutions in supporting public healthcare and sustainable campus infrastructure through corporate social responsibility.
State Bank of India (SBI) formally launched two key projects under its Corporate Social Responsibility (CSR) in Tirupati on Tuesday.
SBI Chairman C. Sreenivasulu Setty presented ₹57.23 lakh to establish a dedicated Paediatric Intensive Care Unit (PICU) at Sri Padmavati Medical College for Women (SPMCW), functioning under the aegis of the TTD’s Sri Venkateswara Institute of Medical Sciences (SVIMS) University.
The contribution from Mr. Sreenivasulu Setty, which ensures timely, life-saving critical care for the underprivileged children, was formally received by SVIMS Director and Vice-Chancellor Dr. G. Jagadish here on Tuesday. The bank also donated two eight-seater electric passenger buggies worth ₹15 lakh to Indian Institute of Technology (IIT) Tirupati to provide free, eco-friendly campus mobility for the 1,850 students and staff members.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in