Applications Invited for Federal Bank Hormis Memorial Scholarship

Federal Bank invites applications for Federal Bank Hormis Memorial Scholarships 2017-18. Meritorious students belonging to the states of Kerala, Tamil Nadu, Gujarat and Maharashtra pursuing MBBS, BE/B Tech, B Sc Agri, B Sc Nursing and MBA are eligible to apply for the scholarship. The applicants should have secured admission to the course under merit in the academic year 2017-18 and the annual family income of the applicant should be below Rs 3,00,000/- Please refer Federal Bank’s website https://www.federalbank.co.in/el/corporate-social-responsibility for detailed eligibility conditions and application form. Duly filled applications shall reach Federal Bank, CSR Department, Federal Towers, Marine Drive, Ernakulam, Kochi 682031 on or before 10^th November 2017.

About Federal Bank:

Federal Bank is a leading Private Sector Bank with a branch network of 1,252 branches and 1,680 ATMs spread across the country. The Bank’s total business mix (deposits + advances) stands at Rs 1.72 Lakh  Crore as at June 30, 2017 and it has earned a net profit of Rs 210.15 Crore for Q1 FY18.  Bank’s Capital to Risk weighted Ratio (CRAR) stood at 15.28% at the end of June 30, 2017.  Federal Bank has its Representative Office at Dubai and Abu Dhabi that serves 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. During FY 17 the bank handled around 15 % of the total personal inward remittance to India.

Date: Oct 13, 2017