Axis Bank signs MOU with Assam Rifles and NIEDO

India’s third-largest private sector bank Axis Bank has signed an MOU with the Assam Rifles and National Integrity and Educational Development Organisation (NIEDO) for setting up the Late Captain N Kenguruse, MVC Centre of Excellence and Wellness at Kohima. It aims to support underprivileged students from Nagaland to prepare for various competitive entrance examinations to India’s premier institutions in engineering and related streams as well as other exams conducted by the National Testing Agency such as the BS-MS dual degree programs. This project was conceived by Lt Gen PC Nair, AVSM, YSM and the ceremony took place in Kohima at the garrison headquarters of IGAR in the presence of many Chief Guest and senior representatives.

The Centre set up under the Bank’s Axis DilSe initiative that aims to transform educational opportunities in India’s remote locations will initially support upto 30 meritorious students from Nagaland by providing a free residential coaching program that strengthens their overall mental wellbeing. The Centre shall be set up at the Assam Rifles premises at Chiswema in Kohima. It has been named in the honor of Kohima native Late Captain Neikezhakuo ‘Neibu’ Kenguruse who made the supreme sacrifice during the Kargil War in 1999 at the age of 24 and was posthumously awarded the Maha Vir Chakra. The Minister of Higher Education and Tribal Affairs Shri Temjen Imna Along described it as a ‘red letter day’. The eligible candidates shall be selected by NIEDO in consultation with the Assam Rifles and go through a academic guidance provided by qualified and experienced faculty in quality boarding and lodging arrangements at the Centre.

By Business Correspondent