CIN: L65190MH2004GOI148838

For Immediate Publication / Broadcast / Telecast

PR-1318

IDBI Bank receives National Award for excellence in Micro lending

Ministry of MSME has instituted National Awards for Excellence in MSE Lending to Public Sector Banks in recognition of the performance in financing to Micro and Small Enterprises. IDBI Bank Ltd has received “First Prize” in excellence in lending to Micro Enterprises from Honorable Prime Minister, Shri Narendra Modi. The award was received by Shri Suresh Khatanhar, Executive Director on behalf of IDBI Bank Ltd in the presence of Honorable Union Minister for MSME, Shri. Kalraj Mishra.

IDBI Bank haIDBI Bank has been focusing more on MSME segment with various innovative products, corporate tie-ups and BC/BF infrastructure build by the bank. The growth under the segment during the last three years has been substantial, particularly under Micro Enterprises. During the last financial year bank surpassed the target under Pradhan Mantri Mudra Yojana.


IDBI Bank received the National Award 2016 (First Prize), instituted by Ministry of MSME, for excellence in lending to MSMEs. Seen in the picture, Shri Narendra Modi, Hon’ble Prime Minister of India, handing over the award to Shri Suresh Khatanhar, Executive Director, IDBI Bank.



All representatives of Print, Wire and Electronic Media.>

Untitled
सीआइएन / (CIN)L65190MH2004GOI148838