State Bank of India (SBI), the country’s largest government bank, has waived the debt of 23 CRPF jawans who were killed in the terror attack in Pulwama district of Jammu and Kashmir.
The bank said in the statement, “23 CRPF personnel had taken loan from the bank and the bank has decided that their debt should be waived with immediate effect.” All the CRPF youth are customers of the bank under Defense Salary Package, where each CRPF is provided insurance upto Rs 30 lakhs.
The bank says that it is taking steps to expedite the release of insurance money to the families of martyred soldiers. Bank chairman Rajneesh Kumar said, “It is very sad and painful to be martyred in the terrorist attack of security personnel who are always standing for the protection of the country. SBI has taken a small step to relieve those families, Those who have lost their loved ones, the bank has also created a UPI for the heroes of India so that people can easily contribute to their help.”