Mumbai, Jan 9 (PTI) The State Bank of India (SBI) on Saturday said it has donated Rs 5 crore to National Sports Development Fund (NSDF) to support and provide all the necessary aid to the Indian Olympics team.

This amount would be utilised for customised training of the Olympics team under reputed coaches at institutes having world-class facilities, participation in international competition, purchase of equipment for athletes participating in the Target Olympic Podium Scheme (TOPS), and support staff service, the SBI said in a statement.

In 2016 -17, the public lender had contributed Rs 1 crore in NSDF, which assists India's top athletes for their training in India as well as abroad to achieve excellence at all the major national and international tournaments.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)