Shri R.M.Malla, CMD, IDBI Bank, received the prestigious Dalal Street Investment Journal (DSIJ) PSU Award from the Hon'ble Union Minister of Power, Shri Sushil Kumar Shinde at a glittering ceremony in New Delhi. The Bank was adjudged the Best Bank of the Year for its consistent performance. This award is given for the recognition of excellence in performance and contribution to the Indian economy by the Public Sector Undertakings.
About IDBI Bank
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 830 branches and 1388 ATMs. The Bank has an aggregate balance sheet size of Rs. 2,53,378 crore as on March 31, 2011. IDBI Bank's operations during the financial year ended March 31, 2011 resulted in a net profit of Rs. 1650 Crore.
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