Business Standard

SBI DONATES TO STREET VENDORS UNDER PM SVANIDHI SCHEME

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State Bank of India, Thiruvarur Branch organized a Loan Mela to extend financial assistance to Street Vendors. It was inaugurate­d by Amit Verma, General Manager, Sbi,chennai Circle and attended by Sivakumar, DGM, Tiruchirap­palli, V Prabhakar, RM Nagapattin­am and senior functionar­ies of the Bank. Loan was disbursed to about 200 beneficiar­ies during the mela. Verma deliberate­d that State Bank of India remains hugely committed to the society in the fight against COVID and has been trying to ameliorate the impact of the pandemic on people whose livelihood have been affected. PM Svanidhi (Pradhan Mantri Street Vendor's Atmanirbha­r Nidhi) is one such initiative launched by the Government and SBI has reached out to the street vendors in a big way.

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