SBI organizes COVID-19 vaccination drive in Mumbai

by Suman Gupta

Mumbai – August , 2021: Country’s largest lender, State Bank of India, organized a vaccination camp for the benefit of slum dwellers on August 21, 2021.

The camp organized as part of Bank’s CSR outreach drive saw a positive response with over 1300 individuals getting vaccinated at the HCG ICS Khubchandani Cancer Centre, Colaba, and Marwadi Commercial High School, Chira Bazar, Gaja Street. Vaccination was provided to those in need, with Bank providing end to end support to the beneficiaries.

SBI spokesperson said, “We are happy to play our part in supporting GOI’s resolve of vaccinating the citizens and are happy to see the country recovering gradually. As a responsible corporate, we aim to be at the forefront of fighting the pandemic and our current CSR activities are directed towards helping those in need of vaccination. We will continue to host these drives as a part of our CSR outreach to support the nation in its fight against COVID”

Apart from CSR initiatives including donation of ambulances, oxygen plants to the hospitals, setting up temporary hospitals, donation of medical equipment etc, the Bank and its staff members have contributed Rs. 177 Crores to the PM CARES Fund to support the Government in its fight against the pandemic.

About State Bank of India (SBI):State Bank of India is the largest commercial bank in terms of assets, deposits, branches, customers, and employees. It is also the largest mortgage lender in the country which has so far fulfilled the home buying dreams of 30 lakh Indian families. The home loan portfolio of the bank has crossed the milestone of Rs. 5 lakh crore. As on June 30, 2021, the bank has a deposit base of over Rs. 37 lakh crore with CASA ratio of nearly 46% and advances of more than Rs. 27 lakh crore. SBI commands a market share of 34.77% and about 31.11% in home loans and auto loans segment respectively. SBI has the largest network of 22,224 branches and 63,906 ATM / CDM in India with 71,705 BC outlets. The number of customers using internet banking and mobile banking stand roughly at 91 million and 20 million respectively. The integrated digital and lifestyle platform by SBI – YONO has close to 36 million registered users, which witnesses approximately 11 million logins per day. Accelerating the digital agenda, around 1.5 lakh accounts have been opened through YONO in the quarter ended June 2021. In terms of digital lending, the bank disbursed personal loans of around Rs. 2430 crore through the YONO mobile app in the same quarter. On social media platforms, SBI has the highest number of followers on Facebook and Twitter amongst all banks worldwide.