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SBI Foundation gives Rs.30-lakh grant to 8 social ventures

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SBI Foundation, the CSR arm of State Bank of India (SBI) committed INR 30 lakh as a grant to 8 ventures who work at the grassroot level to bring changes in the lives of rural population during the ‘SBI YFI Sahyog – The Pitch Fest'. Four top winning ideas are given support of INR 6 lakh each while four runners-up are given INR 1.5 lakh each. The 13-month long fellowship provides a framework for the youth to come up with sustainable development solutions for rural development and capacity building in multiple ways.