Federal Bank announces Winners of Federal Bank Hormis Memorial Foundation Scholarships for 2021-22

Federal Bank announced that 159 applicants from across the country will receive Federal Bank Hormis Memorial Foundation scholarship for pursuing higher studies. Initiated in memory of the founder of Federal Bank, Sri K P Hormis, the scholarship aims to financially support meritorious students from weaker social economic backgrounds, enabling them to pursue professional educational courses.

As part of its flagship CSR programme, applicants chosen are for the academic year 2021-22. The programme seeks to provide an opportunity for the emerging talent. Students belonging to the states of Kerala, Tamil Nadu, Gujarat and Maharashtra pursuing first year of MBBS, Engineering, B Sc. Nursing, MBA & Agriculture (BSc) including BSc (Hons) Cooperation & Banking with Agricultural Sciences conducted by Agriculture Universities had applied for this scholarship.

Launched in 1996, the Trust is striving hard to support the community in which it operates through various training programs, seminars, awards, infrastructure development and so on. Each year, Federal Bank Hormis Memorial Foundation aims to inspire children to explore their passion among many other CSR initiatives.

Shares of The Federal Bank Limited was last trading in BSE at Rs. 86.95 as compared to the previous close of Rs. 86.70. The total number of shares traded during the day was 172392 in over 900 trades.

The stock hit an intraday high of Rs. 88.65 and intraday low of 85.60. The net turnover during the day was Rs. 14954442.00.

Source : Equity Bulls

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TheFederalBank INE171A01029 FederalBankHormisMemorialFoundation Scholarship HigherStudies