IDBI Bank receives ASSOCHAM SMEs Excellence Award 2016 in Micro Lending
Author(s): City Air NewsSmt. Lalita Sharma, Chief General Manager (Priority Sector), IDBI Bank, receiving the Award, on behalf of the Bank, from MoS for MSME, GoI, Shri Haribhai Parthibhai Chaudhary. photo: city air news Mumbai, December...
cityairnews
Dec 21, 2016 12:30
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Smt. Lalita Sharma, Chief General Manager (Priority Sector), IDBI Bank, receiving the Award, on behalf of the Bank, from MoS for MSME, GoI, Shri Haribhai Parthibhai Chaudhary.
photo: city air news
Mumbai, December 21, 2016: ASSOCHAM has instituted Awards for Excellence in MSE Lending to Banks & NBFCs in recognition of the performance in financing to Micro, Small & Medium Enterprises. IDBI Bank has received award in the category excellence in “Micro Lending” from Minister of State for MSME, Government of India, Shri Haribhai Parthibhai Chaudhary. The award was received by Smt.Lalita Sharma, Chief General Manager, Priority Sector on behalf of IDBI Bank.
IDBI Bank has been focusing more on MSME segment as well as MFI lending with various innovative products, corporate tie-ups and BC/ BF infrastructure build by the bank. The growths under the segment during the last three years have been phenomenal, particularly under Micro Enterprises. During the last financial year the Bank surpassed the target under Pradhan Mantri Mudra Yojana.
