NSDL collaborates with SBI Foundation for 'Project SAMEIP'

National Securities Depository Limited (NSDL), India's first Securities Depository, and it's 100% subsidiary NSDL Database Management Limited (NDML) today announced its collaboration with SBI Foundation to execute Project SAMEIP (i.e. SBI Foundation and Microsoft India Employability Initiative for Persons with Disabilities) to empower Persons with Disabilities (PwDs) by enabling livelihood through skill development and to promote PwD inclusion amongst employers in India.

The Agreement was signed and exchanged between NSDL & NDML and SBI Foundation at NSDL's Mumbai office. The agreement was signed by Mr. Pramit Sen (CHRO, NSDL), Mr. Sameer Gupte (MD & CEO, NDML) and Mr. Lalit Mohan (COO & President, SBI Foundation) in the presence of Ms. Padmaja Chunduru (MD & CEO, NSDL), Mr. Sanjay Prakash (MD & CEO, SBI Foundation) and Mr. Samar Banwat, (Executive Director, NSDL).

Under Project SAMEIP, NSDL and NDML will train around 375 persons with disabilities across Mumbai, Hyderabad and Bengaluru in BFSI and IT job roles. Further, the trained PwDs shall be provided with employment support and post placement support for retention in the employment.

Project SAMEIP is a joint program by SBI Foundation and Microsoft India executed by the American India Foundation Trust (AIFT).

Project SAMEIP will be aligned with NSDL's flagship program Artha SAMARTH, a special skill development and employability program.

On this occasion Ms. Padmaja Chunduru, MD & CEO of NSDL said, "We are happy to partner with a highly reputed and credible institution like SBI Foundation for 'Project SAMEIP'. The project is a unique initiative that will provide livelihood opportunities to PWDs in BFSI & IT sector."

Mr. Sanjay Prakash, MD & CEO, SBI Foundation said, "Through Project SAMEIP, SBI Foundation aim to focus on enabling the BFSI ecosystem through deep engagement with corporates. Today, I am delighted that NSDL has joined hands with us in this journey by supporting the skilling for 375 PwDs in core BFSI and IT skills, as a part of Project SAMEIP".

Mr. Sameer Gupte, MD & CEO, NDML said, "NDML is excited to partner with SBI Foundation for project 'SAMEIP'. This is in line with our focus on 'Education and Skill Development'. We look forward to facilitating long-term career development and employability of young persons with disabilities".

Shares of State Bank of India was last trading in BSE at Rs. 612.25 as compared to the previous close of Rs. 613.20. The total number of shares traded during the day was 189984 in over 4986 trades.

The stock hit an intraday high of Rs. 619.25 and intraday low of 611.50. The net turnover during the day was Rs. 116712984.00.

Source : Equity Bulls

Keywords

StateBankofIndia INE062A01020 Collaboration NSDL SBIFoundation SAMEIP