Bhimavaram: MRKZPP High School headmistress B Prabha Manjari has said people were benefitted by the nationalization of banks. She spoke at the prize distribution function of competitions held to mark completion of 50 years of banks’ nationalization at Veeravasaram on Thursday. Sacharapu Venkat Rao and Kamala Charitable Trust sponsored the prizes to students who won in the essay-writing and elocution competitions held on the occasion. Students N Pavan Sai, B Lilly Sailaja, M Kamalini and B Bhanusri received prizes in essay-writing competition. In elocution competition, A Lakshmi Satyasri, G Jahnavi, Ch Nagalakshmi Prasanna and P Hemalatha secured the prizes.