An announcement here on Tuesday said that this was specifically to promote and support the advancement of women in higher education and the business environment.

It said that Deutsche Bank's Managing Director and Chief Country Officer, Faizan Mitha's, continuous commitment and support of the KSBL mission.

Currently as enrolment numbers continue to rise at KSBL that is offering business education in collaboration with the Cambridge University, scholarship funds are becoming critical for the institution.

Now under an exclusive scholarship programme being funded by the Deutsche Bank, local students can avail KSBL's robust MBA Programme and emerge as empowered future leaders and entrepreneurs.

According to KSBL's `need-blind' admission policy, students are selected on merit, and undergo a long and vigorous assessment process.

Once successfully qualified, the institute's financial aid office will review their financial status and structure a financial assistance package suitable to the applicant's requirements.

KSBL extended its wholehearted gratitude to Deutsche Bank for its contributions, it was further stated.