IDBI Bank Ltd. received the ASSOCHAM Award 2015 for Financial Inclusion under Large Bank class and Government schemes category. The Award was handed over by Minister of state for Finance Jayant Sinha, at the 11th Annual Banking Summit cum Social Banking Excellence Awards 2015 of ASSOCHAM held at Mumbai on 29th January, 2016.
The ASSOCHAM Social Banking Awards 2015 (Inclusive Growth for Sustainable Development) has been an initiative to honor the banks who have made significant contribution in elevating and uplifting the life of the people from all strata, especially the lower strata of society.
IDBI Bank is the youngest, new generation public sector universal Bank that rides on a cutting edge Core Banking platform with strong service orientation. This enables the Bank to offer personalized banking and financial solutions to its clients. IDBI Bank has one of the largest housing loan portfolios amongst PSBs and offers housing loans at base rate to its existing and new customers.
The Bank offers very competitive rates to the MSME segment wherein it has different schemes for the specific customer segments. IDBI Bank also has a strong focus on agriculture sector and allied activities through its customized products, competitive pricing and personalized services.