IDBI Bank Launches Financial Inclusion Programme in Satara District
OREANDA-NEWS. April 5, 2011. With a view to including the rural inhabitants in unbanked villages into the folds of banking, Shri B.K. Batra, Executive Director, IDBI Bank Ltd. launched the Financial Inclusion Programme in Vivardi and Hajarmachi villages in Satara district of Maharashtra.
Speaking on the occasion, Shri Batra said that "the launch of financial inclusion programme in the allotted villages is a step towards partnering with the villagers for their overall economic progress".
IDBI Bank has set up a separate Department to implement the Financial Inclusion plan as envisaged by the RBI and Gol.
IDBI Bank Ltd. is a universal bank that rides on a cutting edge core banking Information Technology platform. This enables the Bank to offer personalized banking and financial solutions to its clients through its 813 branches and 1367 ATMs. The Bank has an aggregate balance sheet size of Rs. 2,21,098 Crore as on December 31, 2010. IDBI Bank's operations during the nine month ended December 31, 2010 resulted in a net profit of Rs.1134 crore.
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