The country’s largest bank State Bank of India (SBI) has started Talents Award Scheme in an attempt to encourage the students of rural and semi-urban schools to engage in higher studies. Under the scheme, the bank would felicitate 1,00,000 top-ranking students across 10,000 rural and semi-urban schools across the country to continue education in higher secondary schools.
SBI’s Bhubneshwar branch participating in this scheme will be felicitating 1,00,000 top-ranking students from 10,000 rural higher secondary schools of the country.
The bank has allocated Rs 10 crore for the scheme. Under it, each student will get a certificate and cash award of Rs 1001.
Under this bonanza package he/she will get the option of receiving the award either in cash or get a savings bank account with the deposit. It would accompany ATM and Internet banking facility.
The awards will be conferred to top three rank holders of the schools in each of the three streams - science, arts and commerce.