Federal Bank Hormis Memorial Foundation Scholarship – Results Announced

India CSR News Network

MUMBAI: Federal Bank Hormis Memorial Foundation had announced scholarships for the academic year 2016-17 for students pursuing MBBS, Engineering, B Sc. Nursing, B Sc. Agriculture and MBA. The foundation has now published the list of the selected students for the scholarship.

Visit https://www.federalbank.co.in/corporate-social-responsibility to view the complete list.

Federal Bank is a leading Private Sector Bank with a branch network of 1,252 branches and 1,667 ATMs spread across the country. The Bank’s total business mix (deposits + advances) stands at Rs 1.71 Lakh Crore as at March 31, 2017 and it has earned a net profit of Rs 830.79 Crore.  Bank’s Capital to Risk weighted Ratio (CRAR) stood at 12.39% at the end of March 31, 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.