CHENNAI, Aug. 16 -- Indian Institute of Technology Madras (IIT Madras) and SBI Foundation have joined hands to launch a pioneering Para Athlete Sports Scholarship program aimed at empowering 100 para-athletes across India.

The program will provide selected athlete with a monthly stipend of rs 40,000 each, supporting their journey toward National and International sporting excellence. Further, scientific training will also be provided under this initiative.

The program was formally launched today (14th August 2025) in the presence of Mr. Sanjay Prakash, Managing Director and CEO, SBI Foundation, and other stakeholders.

- Advertisement - Looking forward to encouraging para-athletes, Mr. Sanjay Prakash, MD and CEO, SBI Foundation, said, "...