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State Bank of India to launch company for CSR push

State Bank of India (SBI) will soon launch SBI Foundation, a company that will undertake activities pertaining to corporate social responsibility (CSR) on behalf of the group. The bank has received approval from the Reserve Bank of India for setting up the company, which is likely to be launched on July 1, the foundation day of the bank...The SBI Foundation will essentially focus on skill development, women's empowerment, sanitation and education," said Vinod Pande, chief general manager at SBI in charge of CSR.  

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