American bank J P Morgan will donate Rs 17 crore or $2.25 million to help train and upskill 4,800 graduates from economically disadvantaged backgrounds. The beneficiary is Shahani Academic & Global Empowerment (SAGE)Foundation, a non-profit trust focused on skills training.
The grant will be utilized to teach new skills in the Banking and Financial Services Industry (BFSI) using advanced technology and innovative concepts with the aim of meeting the evolving needs of employers.
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