Applications Invited for Federal Bank Hormis Memorial Foundation Scholarship

Deepthi | Myequity news | Date : 26-11-2018 19:15:00 IST

Federal Bank invites applications for Federal Bank Hormis Memorial Foundation Scholarships for the academic year 2018-19. Students belonging to the states of Tamil Nadu, Kerala, Gujarat and Maharashtra pursuing MBBS, Engineering, BSc Nursing, BSc Agriculture including BSc (Hons) Co-operation & Banking with Agriculture Sciences conducted by Agriculture Universities and MBA are eligible to apply for the scholarship. Candidates applying for scholarship should have secured admission under merit in Government, aided and self-financing colleges and the annual family income of the applicant should be below ₹ 3,00,000/- Please refer Federal Bank’s website for detailed eligibility conditions and application form. Students shall submit the duly filled in applications and copies of required documents as mentioned in the application form to nearest branch of Federal Bank for verification on or before 31-12-2018.

About Federal Bank:

Federal Bank is a leading Private Sector Bank with a branch network of 1,252 branches and 1,684 ATMs spread across the country. The Bank’s total business mix (deposits + advances) stood at Rs 2.03 Lakh Crore as at March 31, 2018 and it has earned a net profit of ₹ 878.85 Crore for FY18.  The Capital Adequacy Ratio (CRAR) of the Bank, computed as per Basel III guidelines, stood at 14.70%. Federal Bank has its Representative Offices at Dubai and Abu Dhabi that serve as a nerve centre for NRI customers in the UAE. The Bank also has an IFSC Banking Unit (IBU) in Gujarat International Finance Tec-City (GIFT City).Federal Bank is transforming itself, keeping its principles intact, into an organization that offers services beyond par. It has a well-defined vision for the future as a guidepost to its progress.

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