State Bank of India (SBI), the nation’s largest public sector bank, has partnered with Jagriti Yatra 2024, a transformative 8,000-km, 15-day entrepreneurial journey across India’s Tier 2 and Tier 3 regions. This initiative will support 500 young aspirants in exploring entrepreneurial opportunities, receiving expert mentorship, and engaging in practical learning experiences. Through this collaboration, SBI aims to nurture future innovators, advancing India’s vision of a ‘Viksit Bharat’ (Developed India) by 2047.
In line with its commitment to promoting entrepreneurship, SBI continues to empower individuals through skill development and financial inclusion. The bank has established 152 Rural Self Employment Training Institutes (RSETIs), which have successfully trained over 11.5 lakh rural candidates, enabling 74% of them to become self-employed.
Additionally, SBI leads the Self-Help Group (SHG) loans market, with a portfolio exceeding ₹50,000 crores, benefiting over 1 crore women members. In FY24 alone, the bank disbursed ₹49,000 crore in Mudra loans and approximately ₹1,550 crore under the PM SVANidhi scheme, further reinforcing its role in fostering grassroots entrepreneurship.
Reflecting on the partnership, Shri Rana Ashutosh Kumar Singh, Managing Director, SBI, said, “At SBI, we believe that entrepreneurship is the cornerstone of a self-reliant and progressive India. As we work towards the vision of a Viksit Bharat by 2047, it is essential to empower young entrepreneurs with the skills, resources, and opportunities they need to drive innovation and growth across the nation. Our association with Jagriti Yatra underscores our commitment to fostering a new generation of entrepreneurs who will play a pivotal role in shaping India’s future. By supporting initiatives like Jagriti Yatra, we aim to contribute to a thriving entrepreneurial ecosystem that drives sustainable development and prosperity for all.”
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By supporting initiatives like Jagriti Yatra, SBI continues to strengthen India’s entrepreneurial ecosystem, driving sustainable development and creating a more prosperous future for all.
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