Fight against Corona: SBI Allocates Rs 71 crore

GG News Bureau

New Delhi, 4th May. The State Bank of India (SBI) has allocated Rs 71 crore to help the country tackle the second wave of Corona. Some of this amount will be used to build a 1,000-bed makeshift hospital in the worst-affected states. In addition, allocation of 21 crore rupees will be used to meet the immediate medical needs of the citizens.

This includes purchasing life-saving healthcare equipment and increasing oxygen supply to hospitals. The bank will continue to provide PPE kits, masks, ration cards and food. The bank will also contribute Rs 10 crore to the government for genome-sequencing equipment or laboratory and vaccine research equipment.

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