State Bank of India (SBI) has collaborated with various hospitals for the vaccination of its employees.
The Bank has also decided to bear the cost of vaccination for its employees and their dependent family members.
SBI has recently converted 60 of its training centres across the country into isolation/Quarantine centres for affected employees and their family members.
The bank has allocated Rs. 71 Crore, to undertake various support initiatives to help the country combat the second wave of COVID-19. The Bank has dedicated Rs. 30 Crore to setup 1,000 bed makeshift hospitals, 250 bed ICU facilities and 1,000 bed isolation facilities across some of the worst-hit states. These facilities would be set up in collaboration with government hospitals and Municipal Corporations of the respective cities.
SBI is also in talks with various designated authorities to explore partnerships for setting up makeshift hospitals. The Bank will also contribute Rs. 10 Crore for genome-sequencing equipment / lab and vaccine research equipment / lab to the Government.
Additionally, the bank has allocated Rs. 21 Crore to all its 17 Local Head Offices to address the urgent medical needs of the citizens including procuring life-saving healthcare equipment and enhancing the oxygen supply to hospitals.
The Bank will also spend Rs. 10 Crore in partnership with NGOs to undertake community-based testing, strengthening vaccination drives, creating helpline for COVID-19 related matters, providing oxygen supply and other critical activities.
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