Mumbai, Apr 10 (UNI) State Bank of India will felicitate one lakh talented students from 10,000 schools in rural and semi-urban areas across the country as part of its corporate social responsiblity.
The bank today lauched ''SBI Talent Awards'' scheme under which HSC rank-holders will receive cash awards of Rs 1001 each and a certificate of excellence along with an in-principle sanction for educational loan upto 10 lakh for pursuing higher studies, SBI Chief General Manager (Rural Banking) Shyamal Acharya told UNI here today.
SBI has appropriated Rs 10 crore for the scheme. ''From today, the representatives of the bank will visit the schools in rural and semi-urban areas to identify the talented students,'' Mr Acharya said.
The awards will be conferred upon the top three rank-holders from each school, under each stream including science, arts and commerce. Separate awards will be granted to the rank-holders of state boards, ICSE and CBSE examinations, he added.
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