Corporate Social Responsibility Committee

At SBI Ventures, Corporate Social Responsibility (CSR) is more than a statutory obligation; it is a conscious commitment to inclusive growth and sustainable development. We believe that no business can thrive without making a meaningful contribution to the society it serves.

Our CSR philosophy is rooted in the idea that businesses derive their strength from communities and must therefore invest back into them. Guided by this belief, we actively support initiatives across India that improve the quality of life, empower underserved communities, and enable holistic development.

As a responsible corporate citizen, we dedicate resources to addressing social challenges, uplifting underprivileged sections of society, and driving community progress. We also encourage our employees to engage with social causes, fostering a culture of empathy, responsibility, and collective growth.

Mr. S.V.Sastry

Nominee Director

Ms. Padmaja Chunduru

Independent Director

Mr. Prem Prabhakar

Managing Director & CEO

Annual Action plan of CSR for financial year 2025-26
Sr. No.Proposed ProjectFocus Area
1Promoting education, including special education and employment enhancing vocation skills especially among children, women, elderly, and the differently abled and livelihood enhancement projects.Education & Livelihoods
2Budget for any other projects for specified in schedule VII of the Companies Act 2013.Activities specified under Schedule VII of the Companies Act, covering eligible CSR activities.
Sr. No.ProjectSanctioned AmountLocation
1SBIF ASHA SCHOLARSHIP PROGRAM 2025-26₹40,00,000PAN India
2SBIF LEAP Innovators for Bharat: Innovations for Social Good48,00,000PAN India
Sr. No.Proposed ProjectFocus Area
1

Supporting immediate response to the healthcare crisis arising out of the second wave of the COVID-19 pandemic and strengthening the overall healthcare infrastructure system to mitigate the same through exploring the following activities:

i. Provision of requirements such as oxygen set-up variants, from medical equipment to consumables.
ii. Funding for the setting up of oxygen-generating plants.
iii. Setting up temporary emergency facilities, including makeshift hospitals and COVID care facilities.
iv. Strengthening emergency response facilities such as helplines and ambulances, etc.
v. Community vaccination and testing efforts as per terms allowed by the Government under CSR.

Healthcare
2Promoting education, including special education and employment-enhancing vocation skills especially among children, women, elderly, and the differently-abled and livelihood enhancement projects.Education & Livelihoods
3Budget for any other projects specified in Schedule VII of the Companies Act, 2013.Activities specified under Schedule VII of the Companies Act, covering eligible CSR activities.
Sr. No. Project Sanctioned Amount Location
1 Project “SBI Sanjeevani – Clinic on Wheels” ₹40,00,000 In the district of Banka, Bihar.
2 SBIF ARANYA ₹50,40,000 In the districts of Beed, Osmanabad, Latur and Jalna in Maharashtra.
Sr. No. Proposed Project Focus Area
1 Supporting immediate response to the healthcare crisis arising out of the second wave of the COVID-19 pandemic and strengthening the overall healthcare infrastructure system to mitigate the same through exploring the following activities:

i. Provision of requirements such as oxygen set-up variants, from medical equipment to consumables.
ii. Funding for setting up oxygen-generating plants.
iii. Setting up of temporary emergency facilities including makeshift hospitals and COVID care facilities.
iv. Strengthening emergency response facilities such as helplines, ambulances etc.
v. Community vaccination and testing efforts as per terms allowed by the Government under CSR. 		Healthcare
2 Promoting education, including special education and employment-enhancing vocational skills, especially among children, women, the elderly and the differently-abled, and livelihood enhancement projects. Education & Livelihoods
3 Budget for any other projects specified in Schedule VII of the Companies Act, 2013. Activities specified under Schedule VII of the Companies Act, covering eligible CSR activities.
Sr. No. Project Sanctioned Amount Location
1 Project “SBI Sanjeevani – Clinic on Wheels” for providing healthcare services at the doorstep of communities from rural, tribal and remote areas through a mobile medical unit and a team of medical professionals. ₹85,00,000 In the districts of Nandurbar and Gadchiroli, Maharashtra.
2 Rangaraya Medical College and Government Hospitals provide care to neonates in order to provide intensive care to neonates and advance the quality of neonatal healthcare. ₹30,00,000 In the district of Kakinada, Andhra Pradesh.
Sr. No.Proposed ProjectFocus Area
1COVID-19 relief measures, such as the provision of meals and essential kits
to the underprivileged and needy, including healthcare workers and caregivers
affected by the lockdown and second-wave situation across the country.		COVID relief, eradicating hunger, poverty, and malnutrition.
2Supporting immediate response to the healthcare crisis arising out of the second wave of the COVID-19 pandemic and strengthening the overall healthcare infrastructure system to mitigate the same through exploring the following activities:
i. Provision of requirements like oxygen set-up variants, from medical equipment to consumables.
ii. Funding for the setting up of oxygen-generating plants.
iii. Setting up temporary emergency facilities, including makeshift hospitals and COVID care facilities.
iv. Strengthening emergency response facilities such as helplines, ambulances, etc.
v. Community vaccination and testing efforts as per terms allowed by the Government under CSR.		Healthcare
3Promoting education, including special education and employment-enhancing vocation skills especially among children, women, elderly, and the differently-abled and livelihood enhancement projects.Education & Livelihoods
4Budget for any other projects specified in Schedule VII
of the Companies Act 2013.		Activities specified under Schedule VII of the Companies Act,
covering eligible CSR activities.
Sr. No. Project Sanctioned Amount Location
1 Project “SBI Sanjeevani – Nirantar Seva” for providing emergency healthcare services to the victims of road accidents on the Mumbai–Ahmedabad highway in the state of Maharashtra. ₹42,01,275 Mumbai–Ahmedabad Highway, stretched between Thane and Palghar in Maharashtra state.
2 Project “SBI Sanjeevani – Clinic on Wheels” for providing primary healthcare services to approx. 12,000 inhabitants of 20 remote villages in Jogulamba Gadwal District, Telangana. ₹19,00,225 Jogulamba Gadwal District, Telangana.

SBICAP Ventures Limited, in partnership with SBI Foundation and Yashlok Welfare Foundation, is pleased to contribute towards Project Nirantar Seva.

At an event held at Yashwantrao Chavan Centre in Mumbai, one ambulance was flagged off to provide free-of-cost emergency and trauma care services for victims of road accidents on the Mumbai–Ahmedabad Highway.

Dr Ravinder Singal, IPS, Additional Director General of Maharashtra Highway Traffic Police, spoke about how road safety is a collective effort.
Mr Sanjay Prakash, Managing Director of SBI Foundation, said, “SBIF Sanjeevani Nirantar Seva is a unique initiative where the Highway Traffic Police, Yashlok Welfare Foundation and the local hospitals will work in unison to provide timely emergency and trauma care in the golden hour after an accident on the Mumbai–Ahmedabad Highway.

Mr Suresh Kozhikote, Managing Director of SBICAP Ventures, shared, “SBICAP Ventures is proud to support Project Nirantar Seva in partnership with SBI Foundation and Yashlok Welfare Foundation. This transformative CSR initiative aims to provide immediate medical assistance to the victims of road accidents, which is critical in saving precious lives. We are driven by our commitment to building a safer and healthier society and making a positive impact on several lives.

Mr. S.V.Sastry

Nominee Director

Mr. S. V. Sastry, a graduate in Science from Government College, Anantapur (Andhra Pradesh), joined State Bank of India as a Probationary Officer on 01 October 1985. He retired from the services of the Bank on 30 September 2022 as Deputy Managing Director (Global Markets). During his career spanning 37 years, Shri Sastry held various assignments in the Bank, both in India and abroad.

Mr. Sastry was MD & CEO of SBI DFHI Ltd., a subsidiary of the Bank and a standalone primary dealer, between November 2017 and May 2020. Thereafter, he moved to head the domestic treasury operations of State Bank of India as DMD (Global Markets). For a major portion of his career in the Bank, he was associated with the markets, both forex as well as rupee.

Ms. Padmaja Chunduru

Additional Independent Director

Ms. Padmaja Chunduru is a seasoned financial services executive with over 37 years of banking and capital markets experience in India and the USA. She has led iconic institutions, NSDL (National Securities Depository Ltd.) and Indian Bank, as the MD & CEO. As Deputy Managing Director, SBI (State Bank of India), she led digital banking services and was the Country Head, U.S. operations for three years.

Ms. Padmaja led NSDL in implementing efficiency improvements in the settlement cycle from T+2 to T+1 and then to T+0 settlement. She was also instrumental in NSDL developing and running a DLT blockchain-based platform for security and covenant monitoring of corporate debt, the first such DLT initiative in India.

As MD & CEO of Indian Bank, Ms. Padmaja successfully steered the merger of two PSU banks. Significant improvement in key business metrics and the empathetic handling of the cultural integration of two diverse banks became the subject of a Harvard Business School Publishing case study titled “Merger of Equals.”

Ms. Padmaja has served on the Boards of LIC (Life Insurance Corporation of India), NPCI (National Payments Corporation of India), ISSA (International Securities Services Association), ACG (Asia Pacific Central Depository Group), Institute of International Bankers, and Asia Society, New York.

Currently, she is a member of the Insurance Advisory Committee of IRDAI (Insurance Regulatory and Development Authority of India) and the CCGS Advisory Council, IIMB (Centre for Corporate Governance and Sustainability, IIM Bangalore).

She has been awarded Best CEO (BFSI) for 2021 by Business Today and Best CEO 2021 for Women Leadership by Economic Times. She has also been acknowledged as one of the Most Powerful Women (MPW) in Business by Fortune India and Business Today for 2022 and 2023.

Mr. Prem Prabhakar

Managing Director & CEO

Mr. Prem Prabhakar joined as the Managing Director and Chief Executive Officer of SBI Ventures Limited (formerly known as SBICAP Ventures Limited) in June 2024. A seasoned banker with over 25 years of diverse experience in the financial services industry, Mr. Prabhakar brings a deep understanding of banking operations, treasury, compliance, risk management and strategic leadership.

Prior to his appointment at SBI Ventures Limited, Mr. Prabhakar held the position of General Manager at State Bank of India (SBI), where he played several key leadership roles across
domestic and international assignments. His career reflects a consistent record of managing complex portfolios, driving innovation, and delivering strong operational and financial outcomes.

One of his notable assignments includes serving as Deputy General Manager (Business & Operations), where he oversaw a large cluster of SBI branches. In this capacity, he was responsible for the retail business, operational excellence, customer service enhancement, and implementation of risk mitigation strategies. He played a critical role in ensuring adherence to standard operating procedures (SOPs), internal controls, and audit norms while leading initiatives to promote digital transformation and tech-enabled banking services at the branch level. His efforts contributed significantly to improving compliance with RBI guidelines,
internal policies, and regulatory expectations.

Mr. Prabhakar’s core area of specialisation lies in treasury and financial markets, where he has experience of more than a decade in managing diverse functions such as foreign
exchange, money markets, derivatives, resource mobilisation, asset-liability management (ALM), and interest rate and liquidity risk management. He served as Chief Dealer (Forex) at
SBI Global Markets, Mumbai, where he was responsible for forex operation and uphold SBI’s role as a market maker.

Internationally, Mr. Prabhakar also held the role of Head of Central Treasury at SBI New York, where he managed strategic relationships with other central treasuries and global
treasury counterparts. His leadership in this role reinforced SBI’s footprint in global markets and ensured efficient treasury operations aligned with global best practices.

In addition to his executive roles, Mr. Prabhakar also served as a Director on the Board of Jharkhand Rajya Gramin Bank (JRGB), a Regional Rural Bank. In this governance role, he contributed to the strategic oversight, compliance monitoring and execution of development- focused banking initiatives. He was instrumental in ensuring alignment with RBI and NABARD guidelines, evaluating rural credit performance, priority sector lending, and strengthening the bank’s risk management framework.

Mr. Prabhakar holds a postgraduate degree in Humanities and is a Certified Associate of the Indian Institute of Bankers (CAIIB). His strong academic foundation, combined with rich
field experience and global exposure, uniquely positions him to lead SBI Ventures Limited in its mission to foster innovation and investment in the financial ecosystem.