OREANDA-NEWS. May 10, 2012. IDBI Bank has been adjudged winner under Development Finance-Led Poverty Reduction category for its "Rural Transformation Fellowship Program (RTFP)" in the ADFIAP (Association of Development Financing Institutions in Asia & the Pacific) Awards 2012 in Istanbul, Turkey. ADFIAP Awards recognize and honor banks which have undertaken and/or assisted projects that have created a development impact in their respective countries. The Bank also received the "Best Website" Award at the ceremony. Shri B.K. Batra, DMD, IDBI Bank received the award at the 35th ADFIAP Annual Meetings in Istanbul.

Speaking on the occasion, Shri B K Batra said "Through RTFP, IDBI Bank aims to bring unbanked and under-banked populace within the ambit of formal banking system, thereby increasing their access to formal financial services, opportunities to build savings, make meaningful investments on matters related to their livelihood and harness their earning capacity and entrepreneurial talent. This Award by ADFIAP at a prestigious international forum is recognition of our endeavor to emerge as a bank for all."