The Hindu Business Line : SBI scheme for young achievers in Kerala

STATE Bank of India, Kerala Circle, plans to launch `SBI Talents Bonanza' in over 200 schools in the State as part of its `Community Services Banking Initiative'.

Announcing this, Mr C. Narasimhan, Chief General Manager, said the bank proposed to felicitate students who had completed their final phase of schooling and had emerged toppers in their schools through the bonanza package. Students will be provided a savings bank account with a prepaid balance of Rs 501, an ATM card and a certificate of commendation from the bank.

The bonanza scheme, possibly the first of its kind in India, aims to encourage deserving students and bring on record the bank's recognition of their performance. The top five students of each school will be honoured by the bank.

Mr Narasimhan said he was confident that recognition of merit among the young and talented achievers would encourage them to aim for higher laurels in college and motivate other students.

The bonanza package will be unveiled across various schools in the State during the first half of June. The scheme is expected to generate goodwill for the bank among the academic fraternity and enable it to build bridges with future leaders.

Community Services Banking represented the bank's commitment, as a corporate citizen, to the society at large, Mr Narasimhan said.

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